Common use of Terminating Employees Clause in Contracts

Terminating Employees. When employment ends for any reason, Employees will be paid at the hourly rate in their final pay check for any vacation entitlements that are vested but not used as of the Employee’s last anniversary date. Unless otherwise provided herein, Employees expressly forfeit any vacation time accrued but not vested as of the employee’s last anniversary date prior to termination. (Example: An Employee who terminates one month into the next anniversary year is entitled to the previous year's earned and awarded vacation not already taken or paid, and not to the additional month accrued in the new anniversary period.)

Terminating Employees. When employment ends for any reason, Employees will be paid at the hourly rate in their final pay check paycheck for any vacation entitlements that are vested but not used as of the Employee’s last anniversary date. Unless otherwise provided herein, Employees expressly forfeit any vacation time accrued but not vested as of the employee’s last anniversary date prior to termination. (Example: An Employee who terminates one month into the next anniversary year is entitled to the previous year's ’s earned and awarded vacation not already taken or paid, and not to the additional month accrued in the new anniversary period.)