Unused Sick Leave in the Event of Death Sample Clauses

Unused Sick Leave in the Event of Death. The City will pay a lump sum cash payment equal to one hundred percent (100%) of unused sick leave to the surviving dependents of any commanding officer who dies prior to retirement. If the ordinance, statute, or rules for calculating the death benefit of a member of either the Fund or the PERS are amended to include the value of unused sick leave, this section will be amended to assure that double recovery does not occur.
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Unused Sick Leave in the Event of Death. The Township will pay a lump sum cash payment equal to 60% of the unused sick leave to the estate of any officer who dies prior to retirement, not to exceed twenty-seven thousand ($27,000) dollars.

Related to Unused Sick Leave in the Event of Death

  • Compensation in the Event of Termination In the event that the Executive’s employment hereunder terminates prior to the expiration of this Agreement for any reason provided in Section 5 hereof, the Company shall pay the Executive, compensation and provide the Executive and the Executive’s eligible dependents with benefits as follows:

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