Common use of Termination Pay Clause in Contracts

Termination Pay. When an employee is terminated, their wages, less terminal leave and retirement contributions, become due immediately and shall be paid during business hours no later than the fifth (5th) working day after termination. If not paid within the prescribed period, the penalties set forth in Section 21.07.A.4 shall apply, except that if the employee voluntarily terminates without two (2) weeks prior notice, the penalties set forth in Section 21.07.A.4 shall not apply until after the following pay period.

Termination Pay. When an employee is terminated, their his/her wages, less terminal leave and retirement contributions, become due immediately and shall be paid during business hours no later than the fifth third (5th3rd) working calendar day after termination; provided all Employer furnished equipment has been returned or accounted for. If not paid within the prescribed period, the penalties set forth in Section 21.07.A.4 21.7 C shall apply, except that if the employee voluntarily terminates without two (2) weeks prior notice, the penalties set forth in Section 21.07.A.4 shall not apply until after the following pay period.two

Termination Pay. When an employee is terminated, their his/her wages, less terminal leave and retirement contributions, become due immediately and shall be paid during business hours no later than the fifth seventh (5th7th) working calendar day after termination; provided all Employer furnished equipment has been returned or accounted for. If not paid within the prescribed period, the penalties set forth in Section 21.07.A.4 21.7 D shall apply, except that if the employee voluntarily terminates without two (2) weeks prior notice, the penalties set forth in Section 21.07.A.4 shall not apply until after the following pay period.two

Termination Pay. When an employee is terminated, their wages, less terminal leave and retirement contributions, become due immediately and shall be paid during business hours no later than the fifth (5th) working day after termination. If not paid within the prescribed period, the penalties set forth in Section 21.07.A.4 21.07.A.3 shall apply, except that if the employee voluntarily terminates without two (2) weeks prior notice, the penalties set forth in Section 21.07.A.4 section 21.07.A.3 shall not apply until after the following pay period.

Termination Pay. When an employee is terminated, their wages, less terminal leave and retirement contributions, become due immediately and shall be paid during business hours no later than the fifth (5th) working day after termination. If not paid within the prescribed period, the penalties set forth in Section section 21.07.A.4 shall apply, except that if the employee voluntarily terminates without two (2) weeks prior notice, the penalties set forth in Section 21.07.A.4 shall not apply until after the following pay period.

Termination Pay. When an employee is terminated, their wages, less terminal leave and retirement contributions, become due immediately and shall be paid during business hours no later than the fifth (5th) working day after termination. If not paid within the prescribed period, the penalties set forth in Section 21.07.A.4 shall apply, except that if the employee voluntarily terminates without two (2) weeks prior notice, the penalties set forth in Section section 21.07.A.4 shall not apply until after the following pay period.

Termination Pay. When an employee is terminated, their his/her wages, less terminal leave and retirement contributions, become due immediately and shall be paid during business hours no later than the fifth third (5th3rd) working calendar day after termination; provided all Employer furnished equipment has been returned or accounted for. If not paid within the prescribed period, the penalties set forth in Section 21.07.A.4 shall apply, except that if the employee voluntarily terminates without two (2) weeks prior notice, the penalties set forth in Section 21.07.A.4 shall not apply until after the following pay period.Section