TERMINATION AND PAYDAY Clause Samples

The 'Termination and Payday' clause defines the procedures and obligations regarding final payments when an employment or contractual relationship ends. It typically specifies when and how the final paycheck, including any outstanding wages, accrued vacation, or other owed compensation, must be provided to the departing party. This clause ensures that both parties understand their rights and responsibilities at the end of the relationship, helping to prevent disputes over unpaid compensation and clarifying the timeline for final payments.
TERMINATION AND PAYDAY. SECTION 1. Employees shall be paid in full prior to quitting time on the jobsite once each week (on the same day), but in no event shall more than five (5) days’ (Saturdays, Sundays and Holidays excluded) wages be withheld. SECTION 2. An employee shall be paid in full when discharged. SECTION 3. Upon the completion of the employee’s job, the employee shall be paid within twenty- four (24) hours. If not completed within normal office hours, payment shall be made within twenty-four
TERMINATION AND PAYDAY. SECTION 1. Employees shall be paid in full prior to quitting time on the jobsite once each week (on the same day), but in no event shall more than five (5) days’ (Saturdays, Sundays and Holidays excluded) wages be withheld. If the regular payday falls on a Holiday, the employees shall be paid on the last regular work day before the Holiday. An employee’s paycheck stub or attached statement shall contain an itemized statement showing the breakdown of straight time hours, overtime hours and all authorized deductions, and must indicate the name and address of the Employer. SECTION 2. An employee shall be paid in full when discharged. SECTION 3. Upon the completion of the employee’s job, the employee shall be paid within twenty-four (24) hours. If not completed within normal office hours, payment shall be made within twenty-four (24) hours (Saturdays, Sundays and Holidays excepted). Payment, if so desired, may be made through the Union Hall or by regular mail with the postmark cancellation date accepted as payment date. SECTION 4. Employees who quit shall be paid no later than the next regular pay period. SECTION 5. If the payment is not made expressly as provided in this Article, then the employee shall be paid two (2) hours pay at the appropriate hourly wage rate for each twenty-four (24) period (Saturday, Sunday and holidays excepted) thereafter until payment is made. In the case of payment by mail, the postmark on the envelope will serve as the cutoff date for any penalty. Employees must notify the Union within three (3) working days after the payday, layoff or discharge to be eligible for penalty pay. Payment made that is declared “NSF” shall be subject to all provisions of this section. Notification regarding an NSF payment must be submitted to the Union within three (3) working days after receipt of NSF notification. Penalty pay shall be established from date of discharge. The employee shall be paid all fees associated with the NSF in addition to two (2) hours pay at the appropriate hourly wage rate for each twenty-four (24) hour period (Saturday, Sunday and holidays excepted) thereafter until payment is made. In the case of payment by mail, the postmark on the envelope will serve as the cutoff dated for any penalty. SECTION 6. No adjustment of disputed pay will be made unless the employee or the Union shall make a claim in writing to the Employer’s representative ten (10) days from the pay period in question, except in cases of continuing or willful vi...