Common use of Vacation and Annual Leave Cash Out Where Employee Has Annual Leave Clause in Contracts

Vacation and Annual Leave Cash Out Where Employee Has Annual Leave. 1. An employee with an annual leave balance may cash out vacation time if the employee’s accrued vacation bank is such that she/he will reach the applicable cap (as set forth in Section 1.D. above) some time during the fiscal year unless the employee is able to cash out vacation time. 2. If an employee’s vacation balance will reach the applicable cap some time during the fiscal year, an employee may cash out vacation or any combination of vacation leave and annual leave, to an aggregate total of eighty (80) hours each fiscal year.

Appears in 18 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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Vacation and Annual Leave Cash Out Where Employee Has Annual Leave. 1. An employee with an annual leave balance may cash out vacation time if the employee’s accrued vacation bank is such that she/he will reach the applicable cap (as set forth in Section 1.D. and 1.E, above) some time during the fiscal year unless the employee is able to cash out vacation time. 2. If an employee’s vacation balance will reach the applicable cap some time during the fiscal year, an employee may cash out vacation or any combination of vacation leave and annual leave, to an aggregate total of eighty (80) hours each fiscal year.

Appears in 15 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

Vacation and Annual Leave Cash Out Where Employee Has Annual Leave. 1. An employee with an annual leave balance may cash out vacation time if the employee’s accrued vacation bank is such that she/he will reach the applicable cap (as set forth in Section 1.D. and 1.E, above) some time during the fiscal year unless the employee is able to cash out vacation time. 2. If an employee’s vacation balance will reach the applicable cap some time during the fiscal year, an employee may cash out vacation or any combination of vacation leave and annual leave, to an aggregate total of eighty one hundred twenty (80120) hours each fiscal year.

Appears in 8 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

Vacation and Annual Leave Cash Out Where Employee Has Annual Leave. 1. An employee with an annual leave balance may cash out vacation time if the employee’s accrued vacation bank is such that she/he will reach the applicable cap (as set forth in Section 1.D. 1.D., above) some time during the fiscal year unless the employee is able to cash out vacation time. 2. If an employee’s vacation balance will reach the applicable cap some time during the fiscal year, an employee may cash out vacation or any combination of vacation leave and annual leave, to an aggregate total of eighty (80) hours each fiscal year.

Appears in 5 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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Vacation and Annual Leave Cash Out Where Employee Has Annual Leave. 1. An employee with an annual leave balance may cash out vacation time if the employee’s accrued vacation bank is such that she/he will reach the applicable cap (as set forth in Section 1.D. aboveand 1.E, of the County General Unit MOU) some time during the fiscal year unless the employee is able to cash out vacation time. 2. If an employee’s vacation balance will reach the applicable cap some time during the fiscal year, an employee may cash out vacation or any combination of vacation leave and annual leave, to an aggregate total of eighty (80) hours each fiscal year.

Appears in 3 contracts

Samples: Side Letter Agreement, Side Letter Agreement, Side Letter Agreement

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