Sick Leave Buy-Out Upon Death or Retirement Sample Clauses

Sick Leave Buy-Out Upon Death or Retirement. Sick leave buy-out upon death or retirement shall be allowed to the extent allowed under applicable statutes.
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Sick Leave Buy-Out Upon Death or Retirement. 10 Xxxx leave buy-out upon death or retirement shall be allowed to the extent allowed 11 under applicable statutes.
Sample 1

Related to Sick Leave Buy-Out Upon Death or Retirement

  • Death or Retirement Executive’s employment shall terminate automatically upon Executive’s death or Retirement during the Employment Period. For purposes of this Agreement, “Retirement” shall mean normal retirement as defined in the Company’s then-current retirement plan, or if there is no such retirement plan, “Retirement” shall mean voluntary termination after age 65 with at least ten years of service.

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