Pursuant to N.J.S. A. 18A:30-9, payment for vacation time upon separation or retirement shall be limited to the amount of vacation time that employee has accrued. Payment shall be based upon the employee’s per diem salary (annual salary divided by 260). In the event of the employee’s death prior to separation from service, such unused vacation time shall be payable to the employee’s estate.
Appears in 27 contracts
Samples: Employment Agreement, Employment Agreement, Employment Agreement
