Common use of Upon Termination After First Year Of Employment Clause in Contracts

Upon Termination After First Year Of Employment. An employee whose employment is terminated for any reason after their first anniversary date but prior to any succeeding anniversary date shall, in addition to their final pay, receive pay in lieu of any unused vacation entitlement from the previous full anniversary year (or the applicable percentage of gross earnings, if greater) plus the applicable percentage of gross earnings in the current anniversary year to date of termination.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Upon Termination After First Year Of Employment. An employee Employee whose employment is terminated for any reason after their his or her first anniversary date but prior to any succeeding anniversary date shall, in addition to their his or her final pay, receive pay in lieu of any unused vacation entitlement from the previous full anniversary year (or the applicable percentage of gross earnings, if greater) plus the applicable percentage of gross earnings in the current anniversary year to date of termination.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Upon Termination After First Year Of Employment. An employee A Regular Employee whose employment is terminated for any reason after their his or her first anniversary date but prior to any succeeding anniversary date shall, in addition to their his or her final pay, receive vacation pay in lieu of any unused vacation entitlement from the previous full anniversary year (or based on the applicable percentage of gross earnings, if greater) plus the applicable percentage of such Employee’s gross earnings in accumulated between the current anniversary year to Employee’s first date back at work after his or her last vacation time off work and his or her date of termination, inclusive.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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