SICK LEAVE AND SEVERANCE PAY Sample Clauses

SICK LEAVE AND SEVERANCE PAY. 14.1 Sick leave with full pay shall accrue to each employee at the rate of .0462 hours for each hour of service (not to exceed forty (40) hours in a week). 14.2 Employees may accumulate the unused portion of paid sick leave to a maximum of fifteen hundred (1500) hours. 14.3 Once 800 hours has been reached, any further accruals of sick leave will be split, one- half (1/2) recorded as annual leave, and the other one-half (1/2) will be added to accrued sick leave. 14.4 Sick leave may be authorized for the following reasons with limitations as specified: (a) For illness or injury, dental or medical treatment for the employee or employee's child pursuant to Minn. Stat. §181.9413. (b) Xxxx leave used for absences due to an injury or illness to the employee’s adult child, spouse, sibling, parent, mother-in-law, father-in-law, grandchild, grandparent, or stepparent, is limited to 160 hours in any 12 month period. (c) Disabilities caused or contributed to by pregnancy, miscarriage, abortion, childbirth and recovery therefrom are, for all job-related purposes, temporary disabilities and may be treated as any other illness in connection with employment. (x) Xxxx leave usage by the employee may be subject to approval by the department head. The EMPLOYER may require verification for an absence only when there is a rational basis to believe that there is misuse or excessive use of sick leave on the part of the employee, from a recognized medical authority attesting to the necessity of the leave, ability to return to duty or other information deemed necessary. 14.5 An employee must present a physician's statement attesting to the employee's fitness to return to work if requested by the EMPLOYER. 14.6 Employees shall not be entitled to receive sick leave benefits during the period they are qualified to receive disability insurance benefits as provided by the EMPLOYER. 14.7 Employees shall receive additional compensation for the preservation of accumulated sick leave. The accumulated sick leave balances for all employees not exempt from this provision, shall be determined at the end of the last payroll period in November. Employees shall receive payment according to the following schedule: Accumulated Balance Hours Pay 300 hours 4 400 hours 8 500 hours 12 600 hours 16 700 hours 20 14.8 Employees shall be eligible for severance pay of accrued sick leave, upon retirement, death, or resignation, in accordance with the following conditions: 14.8.1 The employee shall have an ac...
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SICK LEAVE AND SEVERANCE PAY. The Superintendent shall be entitled to sick leave as provided by Section 3319.141, Ohio Revised Code; and earned sick leave may be cumulative without limitation. If the contract is terminated by reason of the death of the Superintendent, or by reason of his disability as defined under Ohio law, the Board shall make a cash payment at his daily rate of pay for all unused sick leave accumulated by the Superintendent. Payments made upon the death of the Superintendent shall be made to his wife or the designated beneficiary of the Superintendent. Should the Superintendent become eligible for service retirement under STRS and elects to retire during the term of or at the conclusion of this Contract, the Superintendent shall receive a per diem cash payment for the first 120 days of accrued but unused sick days equal to 25% of such days (i.e., a payment of 30 days for the 120 days accrued). For purposes of this paragraph, per diem will be calculated on a 186 day school year. In addition, if the Superintendent is eligible for retirement under STRS with thirty (30) or more years of service on the date of retirement, an additional sum of $1,000 will be added for each year of employment as a Fairview Park City Schools administrator. This shall constitute the Superintendent's severance pay.
SICK LEAVE AND SEVERANCE PAY. Sick leave means the period of time a permanent employee is permitted to be absent from work with full pay by virtue of being sick, disabled, quarantined because of exposure to contagious disease, because of an accident for which is not payable under the Compensation Act. When an employee leave of absence without pay for any reason, or is laid off on account of lack of work, and returns to work upon expiration of such leave of absence or lay-off, she will not receive any sick leave credits for the period of such absence. Nor will she Article She will, however, retain her accumulative credit, if existing at the time of such leave or lay- off. As soon as possible after the close of each calendar year, each employee shall receive a record of her accumulated sick leave. Any disagreement with the credits shown must be reported in writing to the Personnel Office within twenty (20) working days of distribution of the statements. A Union-Management Committee will be formed to Where an employee has established a pattern of, or has excessive sick leave usage, the Union-Management Sick Leave Committee may require the employee to undergo a physical examination by a physician chosen by the above committee. An employee will produce to the Board upon request such evidence of any illness, accident, etc. as may be appropriate.
SICK LEAVE AND SEVERANCE PAY. Sick leave means the period of time a permanent employee is permitted to be absent from work with full pay by virtue of being sick, disabled, quarantined because of exposure to contagious disease, or because of an accident for which compensation is not payable under the Compensation Act. When an employee is given leave of absence without pay for any reason, or is laid off on account of lack of work, and returns to work upon expiration of such leave of absence or lay-off, she will not receive any sick leave receive any sick leave credit for any month in which she works less than ten (10) working days, except where she is absent on vacation or recognized holiday or leave under Article She will, however, retain her accumulative credit, if any, existing at the time of such leave or lay- off As soon as possible after the close of each calendar year, each employee shall receive a record of her accumulated sick leave. Any disagreement with the credits shown must be reported in writing to the Personnel Office within twenty (20) working days of distribution of the statements. A Union-Management will be formed to discuss their mutual concern, re sick leave abuse, and the ways and means of eliminating sick leave abuse. Where an employee has established a pattern of, or has excessive sick leave usage, the Union-Management Sick Leave may require the employee to undergo a physical examination by a physician chosen by the above committee The above does not limit the right in any way to discipline or discharge employees for sick leave abuse employee will produce to the Board, upon the request of the Board, a medical certificate verifying an illness, accident, etc. as may be appropriate. Any expense for such certification shall be the responsibility of the A deduction will be made from accumulated sick leave for any and all absences as defined in and Holidays designated and occurring during the period when an employee is on paid sick leave, shall not be charged against the employee's sick leave credits, but shall be paid as a holiday. Each hour of paid sick leave will be deducted from the employee's accumulated total
SICK LEAVE AND SEVERANCE PAY 

Related to SICK LEAVE AND SEVERANCE PAY

  • Termination and Severance Pay A. In the event Employee is terminated by the Board before the expiration of the term of this agreement without just cause, and during that time Employee is willing and able to perform his duties under this Agreement, the Board shall continue to pay Employee's salary for a period of four (4) months after the date of termination (the "Severance Period") and shall continue Employee's then current health insurance coverage for a period of four (4) months. In the event Employer is not able to maintain Employee's health insurance coverage pursuant to the terms of the Township health insurance plan, then Employer shall pay to Employee, for a period of four (4) months, the cost of health insurance premiums at a rate that will continue substantially similar health benefits for Employee and Employee's family, if applicable, as provided under the then current township health insurance plan. In addition, the Board shall pay the cash value of any accrued vacation time. All of the above shall hereinafter be referred to as the Severance Compensation. The parties agree that this Severance Compensation shall constitute Employee's sole and exclusive remedy for termination without just cause B. In the event Employee is terminated by the Board before the expiration of the term of this agreement with just cause, the Board shall have no obligation to pay the Severance Compensation set forth in Section 3A. C. In the event the Board, at any time during the term of this Agreement, reduces the salary or other financial benefits of Employee in a greater percentage than an applicable across- the-board reduction for all employees of the Board, or in the event the Board refuses, following written notice, to comply with any other provision benefiting Employee herein, or Employee resigns following a written request by the Board that he resign, then, in that event, Employee may, at his option, be deemed to be "terminated without just cause" as of the date of such reduction, refusal to comply, or written request and Employee shall be entitled to the Severance Compensation as set forth in Section 3A. as if he were terminated without cause. For the purposes of this paragraph, the Board's failure to grant Employee a raise equivalent to that given any or all other Township Employees shall not be deemed a "reduction" as provided herein. D. In the event Employee desires to voluntarily resign his position with the Board before the expiration of the above term of this employment, then Employee shall give the Board thirty (30) days notice in advance, unless the parties agree otherwise in writing. In the event the Employee voluntarily resigns his position, he shall not be entitled to the severance pay provisions contained in Section 3A hereof. E. For the purposes of Section 3. hereof, "just cause" shall mean the following: (a) The Employee is convicted of a felony; (b) The Employee has failed or neglected to carry out his duties hereunder in any material and significant respect, or has been guilty of misfeasance, malfeasance, or nonfeasance in office for a period of thirty (30) days after written notice to him from the Board specifying the nature of such failure, neglect, misfeasance, malfeasance, or nonfeasance in office, unless such misfeasance, malfeasance, or nonfeasance is so egregious or of such a nature that it is of a criminal nature or it cannot be corrected. F. If the Employee is permanently disabled or is otherwise unable to perform his duties because of sickness, accident, injury, mental incapacity or health for a period of eight successive weeks beyond any accrued sick leave and vacation time, the Board shall have the option to terminate this Agreement, and Employee shall receive the Severance Compensation set forth under Paragraph 3A. above.

  • Termination of Employment and Severance Benefits The Executive’s employment hereunder shall terminate under the following circumstances:

  • Bonus Severance A lump-sum payment equal to 100% of the Executive’s target annual bonus as in effect for the fiscal year in which the CIC Qualified Termination occurs.

  • COBRA Severance As an additional Severance Benefit, the Company will continue to pay the cost of your health care coverage in effect at the time of your Separation from Service for a maximum of twelve (12) months, either under the Company’s regular health plan (if permitted), or by paying your COBRA premiums (the “COBRA Severance”). The Company’s obligation to pay the COBRA Severance on your behalf will cease if you obtain health care coverage from another source (e.g., a new employer or spouse’s benefit plan), unless otherwise prohibited by applicable law. You must notify the Company within two (2) weeks if you obtain coverage from a new source. This payment of COBRA Severance by the Company would not expand or extend the maximum period of COBRA coverage to which you would otherwise be entitled under applicable law. Notwithstanding the above, if the Company determines in its sole discretion that it cannot provide the foregoing COBRA Severance without potentially violating applicable law (including, without limitation, Section 2716 of the Public Health Service Act), the Company shall in lieu thereof provide to you a taxable monthly payment in an amount equal to the monthly COBRA premium that you would be required to pay to continue your group health coverage in effect on the date of your termination (which amount shall be based on the premium for the first month of COBRA coverage), which payments shall be made on the last day of each month regardless of whether you elect COBRA continuation coverage and shall end on the earlier of (x) the date upon which you obtain other coverage or (y) the last day of the twelfth (12th) calendar month following your Separation from Service date.

  • Severance Pay Notwithstanding the provisions of Article 62 (Severance Pay) of this Agreement, where the period of continuous employment in respect of which severance benefit is to be paid consists of both full and part-time employment or varying levels of part-time employment, the benefit shall be calculated as follows: the period of continuous employment eligible for severance pay shall be established and the part-time portions shall be consolidated to equivalent full-time. The equivalent full-time period in years shall be multiplied by the full-time weekly pay rate for the appropriate group and level to produce the severance pay benefit.

  • Severance Payments 5.1 The Company shall pay the Executive the payments described in this Section 5.1 ("Severance Payments") upon the termination of the Executive's employment following a Change in Control during the term of this Agreement, including the Executive's termination of employment for Good Reason, unless such termination is (a) by the Company for Cause, or (b) by reason of the Executive's Death or Disability. The Executive's employment shall be deemed to have been terminated following a Change in Control by the Company without Cause if the Executive's employment is terminated prior to a Change in Control without Cause at the direction (or action which constitutes a direction) of a Person who has entered into an agreement with the Company the consummation of which will constitute a Change in Control. (i) Within three (3) business days after the Date of Termination, the Company shall make a lump sum or monthly, at the Executive's option, cash severance payment to the Executive in an amount equal to: (x) the Executive's annual base salary in effect immediately prior to the occurrence of the event or circumstance upon which the Notice of Termination is based or in effect immediately prior to the Change in Control; and (y) a pro-rated portion of Executive's Targeted Annual Bonus for the fiscal year in which the Date of Termination occurs. (ii) For a twelve (12) month period after the Date of Termination, the Company shall arrange to provide the Executive with medical and dental insurance benefits substantially similar to those that the Executive is receiving immediately prior to the Notice of Termination. Benefits otherwise receivable by the Executive pursuant to this Section 5.1(ii) shall be reduced to the extent comparable benefits are actually received by or made available to the Executive without cost during the twelve (12) month period following the Executive's termination of employment (and any such benefits actually received by the Executive shall be reported to the Company by the Executive). 5.2 The Company also shall pay to the Executive all legal fees and expenses incurred by the Executive in disputing the non-payment of Severance Payments in connection with a termination which entitles the Executive to Severance Payments. Such payments shall be made within five (5) business days after delivery of the Executive's written request for payment accompanied with such evidence of fees and expenses incurred as the Company reasonably may require.

  • Sick Leave Bonus ‌ For every six (6) months of perfect sick leave attendance after July 1, 1987, the employee will receive eight (8) hours of bonus time. This bonus time will be prorated for part-time employees. Such bonus time can be used for any leave purpose covered by this Agreement. Such bonus time shall be counted as vacation leave credits for purposes of determining eligibility for carry- over and cash payments.

  • Other Severance Benefits Executive hereby agrees that in consideration for the payments to be received under Section 7(b) of this Agreement, Executive waives any and all rights to any payments or benefits under any severance plans or arrangements of the Company or their respective affiliates that specifically provide for severance payments, other than the Change in Control Severance Agreement between the Company and Executive (the “Change in Control Severance Agreement”); provided that any payments payable to Executive under Section 7(b) hereof shall be offset by any payments payable under the Change in Control Severance Agreement.

  • Termination Severance (a) If (i) Employee’s employment is terminated by the Company without Cause or (ii) if a Change in Control of the Company occurs and Employee’s employment with the Company or its successor Terminates In Connection With a Change in Control and in the absence of any event or circumstance constituting Cause, then, in either case: (A) Employee will be entitled to receive from the Company an amount in severance equal to one year of Employee’s then-current base salary (the “Severance Amount”). The Severance Amount will be paid in a lump sum promptly after Employee has executed and delivered to the Company a mutual release, in form and substance satisfactory to the Company, of all claims arising in connection with Employee’s employment with the Company and termination thereof; (B) Employee will be entitled to receive, for a period of 12 full calendar months from the date of his termination (the “Termination Date”), medical and dental benefits coverage for Employee and/or his dependents through the Company’s available plans at the time and the Company will be responsible to continue payment of all applicable deductions for premium costs. After the Company’s obligation to pay the premiums for health and dental coverage Employee and/or his dependents will be eligible to continue plan participation under COBRA; and (C) Notwithstanding anything to the contrary in the option plan pursuant to which Employee’s options were granted, all options granted to Employee prior to the Termination Date (the “Options”) shall automatically vest and become fully exercisable as of the Termination Date notwithstanding any vesting or performance conditions applicable thereto, and such Options shall remain exercisable for (i) one year following the Termination Date or (ii) if the plan or grant agreement pursuant to which certain Options were granted provides that such Options will be exercisable for a period longer than one year in circumstances where Employee is terminated without Cause or Employee’s employment Terminates In Connection With a Change in Control, then such longer exercise period shall apply with respect to such Options; provided that, in either case, (A) in no event will Options be exercisable beyond the duration of the original term thereof and (B) if the Options qualify as an incentive stock option under the Internal Revenue Code and applicable regulations thereunder, the exercise period thereof shall not be extended in such a manner as to cause the Options to cease to qualify as an incentive stock option unless Executive elects to forego incentive stock option treatment and extend the exercise period thereof as provided herein.

  • Compensation Other Than Severance Payments 4.1 If the Executive’s employment shall be terminated for any reason following a Change in Control, the Company shall pay the Executive’s full salary to the Executive through the Date of Termination at the rate in effect immediately prior to the Date of Termination or, if Section 18(n)(ii) is applicable as an event or circumstance constituting Good Reason, the rate in effect immediately prior to such event or circumstance, together with all compensation and benefits payable to the Executive through the Date of Termination under the terms of the Company’s compensation and benefit plans, programs or arrangements as in effect immediately prior to the Date of Termination (or, if more favorable to the Executive, as in effect immediately prior to the first occurrence of an event or circumstance constituting Good Reason). In addition, if the Executive’s employment is terminated for any reason following a Change in Control other than (a) by the Company for Cause and (b) by the Executive without Good Reason, then the Company shall pay a pro-rata portion of the Executive’s annual bonus for the performance year in which such termination occurs to the Executive on the later of (x) the date that annual bonuses are generally paid to other senior executives and (y) the date that is the first business day after the date that is six months after the Date of Termination. This pro-rata bonus shall be determined by multiplying the amount the Executive would have received based upon actual financial performance through such termination, as reasonably determined by the Company, by a fraction, the numerator of which is the number of days during such performance year that the Executive is employed by the Company and the denominator of which is 365. 4.2 If the Executive’s employment shall be terminated for any reason following a Change in Control, the Company shall pay to the Executive the Executive’s normal post-termination compensation and benefits as such payments become due. Such post-termination compensation and benefits shall be determined under, and paid in accordance with, the Company’s retirement, insurance and other compensation or benefit plans, programs and arrangements as in effect immediately prior to the Date of Termination or, if more favorable to the Executive, as in effect immediately prior to the occurrence of the first event or circumstance constituting Good Reason.

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