Termination Sick Leave Cash Out. Upon resignation with proper notice, available accrued sick leave hours will be cashed out according to the following schedule: Available Accrued Sick Leave Time Partial Percent Pay Out 0 to 279 Hours No pay out 280 but less than 559 0 hours + 30% of hours over 280 Over 560 but less than 839 84 hours + 40% of hours over 560 Over 840 to maximum of 1040 196 hours + 50% of hours over 840
Appears in 4 contracts
Samples: Extension Agreement, Agreement, Extension Agreement