Common use of Upon termination of the Appointment Clause in Contracts

Upon termination of the Appointment. other than pursuant to Clause 12.1, the Executive's entitlement to holiday will be calculated on the basis of 2.1 working days for each calendar month of service completed during the holiday year in which termination occurs and payment in lieu of untaken holiday entitlement may be made at the discretion of the Board.

Upon termination of the Appointment. other than pursuant to Clause 12.19.1, the Executive's entitlement to holiday will be calculated on the basis of 2.1 working two days for each calendar month of service completed during the holiday year in which termination occurs and the Company shall make a payment in lieu of untaken holiday entitlement may be made at the discretion of the Boardentitlement.