Transfer And Payoff Sample Clauses

Transfer And Payoff. Employees who voluntarily transfer from one state department to another shall be paid off at their current base rate of pay for their unused annual leave subject to the applicable cap below. However, the employee may elect, in writing, to transfer up to eighty (80) hours of accumulated annual leave. Annual leave in excess of eighty (80) hours, if any, up to the maximum allowed in accordance with the applicable accumulation cap may be transferred with the approval of the appointing authority to whose service the employee transfers. Employees who separate shall be paid at their current hourly rate for the balance of their unused annual leave subject to the applicable cap below. ANNUAL LEAVE ACCUMULATION CAP Service Years Accumulation Cap Payoff Cap 1 – 4 296 256 5 – 9 311 271 10 – 14 326 286 15 – 19 341 301 20 – 24 346 306 25 – 50 356 316
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Transfer And Payoff. 34 Employees who voluntarily transfer from one State Department to another shall be paid 35 off at their current rate of pay for their unused annual leave. However, the employee may 36 elect, in writing, to transfer all accumulated annual leave. 37 Employees who separate shall be paid at their current hourly rate for the balance of their 38 unused annual leave, subject to the applicable payoff cap in Section F. ARTICLE 39
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Transfer And Payoff. Employees who voluntarily transfer from one State Department to another shall be paid off at their current rate of pay for their unused annual leave. However, the employee may elect, in writing, to transfer all accumulated annual leave. Employees who separate after completion of the initial 720 hours of service shall be paid at their current hourly rate for the balance of their unused annual leave.
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Transfer And Payoff. Employees who voluntarily transfer from one state department 44 to another shall be paid off at their current base rate of pay for their unused annual 45 leave subject to the applicable cap below. However, the employee may elect, in 46 writing, to transfer up to eighty (80) hours of accumulated annual leave. Annual 1 leave in excess of eighty (80) hours, if any, up to the maximum allowed in 2 accordance with the applicable accumulation cap may be transferred with the 3 approval of the appointing authority to whose service the employee transfers. 5 Employees who separate after completion of the initial 720 hours of service shall be 7 to the applicable cap below.
Sample 1
Transfer And Payoff. Employees who voluntarily transfer from one state department 30 to another shall be paid off at their current base rate of pay for their unused annual 31 leave. However, the employee may elect, in writing, to transfer up to eighty (80) 32 hours of accumulated annual leave. Annual leave in excess of eighty (80) hours, if 33 any, up to the maximum allowed in accordance with Subsection D immediately 34 above, may be transferred with the approval of the Departmental Employer to whose 35 service the employee transfers. 37 Employees who separate after completion of the initial 720 hours of service shall be 38 paid at their current hourly base rate for the balance of their unused annual leave.
Sample 1
Transfer And Payoff. Employees who voluntarily transfer from one state 9 department to another shall be paid off at their current base rate of pay for their 10 unused annual leave subject to the applicable cap below. However, the 11 employee may elect, in writing, to transfer up to eighty (80) hours of accumulated 12 annual leave. Annual leave in excess of eighty (80) hours, if any, up to the 13 maximum allowed in accordance with the applicable accumulation cap may be 14 transferred with the approval of the appointing authority to whose service the 15 employee transfers. 16 17 Employees who separate shall be paid at their current hourly rate for the balance 18 of their unused annual leave subject to the applicable cap below. 19
Sample 1

Related to Transfer And Payoff

  • TRANSFER AND SUB-CONTRACTING 31.1 This Framework Agreement is personal to the Supplier and the Supplier shall not assign, novate or otherwise dispose of or create any trust in relation to any or all rights and obligations under this Framework Agreement or any part thereof without the Approval.

  • Xxxxxxxx and Payments Xxxxxxxx and payments shall be sent to the addresses set out in Appendix F hereto.

  • Transfer and Exchange When Securities of a Series are presented to the Registrar with a request to register the transfer thereof, the Registrar shall register the transfer as requested if the requirements of applicable law are met, and when such Securities of a Series are presented to the Registrar with a request to exchange them for an equal principal amount of other authorized denominations of Securities of the same Series, the Registrar shall make the exchange as requested. To permit transfers and exchanges, upon surrender of any Security for registration of transfer at the office or agency maintained pursuant to Section 2.4, the Company shall execute and the Trustee shall authenticate Securities at the Registrar’s request. If Securities are issued as Global Securities, the provisions of Section 2.15 shall apply. All Securities issued upon any registration of transfer or exchange of Securities shall be the valid obligations of the Company, evidencing the same debt, and entitled to the same benefits under this Indenture, as the Securities surrendered upon such registration of transfer or exchange. Every Security presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Registrar or a co-registrar) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Registrar or a co-registrar, duly executed by the Holder thereof or his attorney duly authorized in writing. Any exchange or transfer shall be without charge, except that the Company may require payment by the Holder of a sum sufficient to cover any tax or other governmental charge that may be imposed in relation to a transfer or exchange, but this provision shall not apply to any exchange pursuant to Section 2.11, 3.6 or 8.5. The Trustee shall not be required to register transfers of Securities of any Series, or to exchange Securities of any Series, for a period of 15 days before the record date for selection for redemption of such Securities. The Trustee shall not be required to exchange or register transfers of Securities of any Series called or being called for redemption in whole or in part, except the unredeemed portion of such Security being redeemed in part.

  • THE PURCHASER AND PAYMENT OF PURCHASE PRICE 8.1 Immediately after the fall of the hammer and upon being declared the successful purchaser of the Property, the Purchaser shall execute the memorandum attached hereto (`the Memorandum’).

  • Consideration and Payment The purchase price for the sale of the Purchased Assets sold to the Purchaser on the Closing Date shall equal the estimated fair market value of the Purchased Assets. Such purchase price shall be paid in cash to Santander Consumer in an amount agreed to between Santander Consumer and the Purchaser, and, to the extent not paid in cash by the Purchaser, shall be paid by a capital contribution by Santander Consumer of an undivided interest in such Purchased Assets that increases its equity interest in the Purchaser in an amount equal to the excess of the estimated fair market value of the Purchased Assets over the amount of cash paid by the Purchaser to Santander Consumer.

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