Common use of Unused Vacation Payment Clause in Contracts

Unused Vacation Payment. If an employee does not use all of the vacation during one calendar year, the employee shall have a right to be reimbursed the number of unused vacation days at the daily wage rate of the employee. Said wages shall be paid in the first paycheck in August. Employees must notify the Treasurer, in writing, by July 10 each year as to which option he/she selects. Employees not notifying the Treasurer by July 10 will receive the payment. UNPAID LEAVES

Appears in 5 contracts

Samples: Negotiated Agreement, Negotiated Agreement, Negotiated Agreement

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