Common use of Upon Termination of Employment Clause in Contracts

Upon Termination of Employment. a) The Employee who has not taken her/his entire vacation entitlement during the fiscal year preceding June 1 receives an indemnity which is equal to the number of vacation days to which she/he was entitled. b) The Employee entitled to twenty (20) days of vacation, taking into account vacation days already taken, is entitled to a vacation indemnity equal to eight 8% of the wages earned between June 1st of the current year and her/his date of departure. c) The Employee entitled to twenty-two (22) days of vacation, taking into account vacation days already taken, is entitled to a vacation indemnity equal to 8.8% of total wages earned between June 1 of the current year and her/his date of departure. d) The Employee entitled to twenty-five (25) days of vacation, taking into account vacation days already taken, is entitled to a vacation indemnity equal to 10% of total wages earned between June 1 of the current year and her/his date of departure.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

AutoNDA by SimpleDocs

Upon Termination of Employment. a) The Employee who has not taken her/his entire vacation entitlement during the fiscal year preceding June 1 receives an indemnity which is equal to the number of vacation days to which she/he was entitled. b) The Employee entitled to twenty (20) days of vacation, taking into account vacation days already taken, is entitled to a vacation indemnity equal to eight percent (8% %) of the wages earned between June 1st of the current year and her/his date of departure. c) The Employee entitled to twenty-two (22) days of vacation, taking into account vacation days already taken, is entitled to a vacation indemnity equal to eight point eight percent (8.8% %) of total wages earned between June 1 of the current year and her/his date of departure. d) The Employee entitled to twenty-five (25) days of vacation, taking into account vacation days already taken, is entitled to a vacation indemnity equal to ten percent (10% %) of total wages earned between June 1 of the current year and her/his date of departure.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

AutoNDA by SimpleDocs

Upon Termination of Employment. a) The Employee employee who has not taken her/his entire vacation entitlement during the fiscal year preceding June 1 receives an indemnity which is equal to the number of vacation days to which she/he was entitled. bi) The Employee employee entitled to twenty (20) days of vacation, taking into account vacation days already taken, is entitled to a vacation indemnity equal to eight percent (8% %) of the wages earned between June 1st of the current year and her/his date of departure. cii) The Employee employee entitled to twenty-two (22) days of vacation, taking into account vacation days already taken, is entitled to a vacation indemnity equal to eight point eight percent (8.8% %) of total the wages earned between June 1 first of the current year and her/his date of departure, depending on her/his vacation entitlement. dc) The Employee employee entitled to twenty-five (25) days of vacation, taking into account vacation days already taken, is entitled to a vacation indemnity equal to ten percent (10% %) of total wages earned between June 1 of the current year and her/his date of departure.

Appears in 1 contract

Samples: Collective Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!