VACATION AND SICK LEAVE BANKS. 1. Upon layoff, vacation and sick hours accumulated but unused at the time of layoff shall be available for cash out as provided in Articles 9 and 10 of this agreement. If this option is selected, the laid off employee's vacation and sick leave banks shall cease to exist.
Appears in 6 contracts
Samples: Labor Agreement, Labor Agreement, Labor Agreement
VACATION AND SICK LEAVE BANKS. 1. Upon layoff, vacation and sick hours accumulated but unused at the time of layoff shall be available for cash out as provided in Articles 9 and 10 of this agreementAgreement. If this option is selected, the laid off employee's employees vacation and sick leave banks shall cease to exist.
Appears in 2 contracts
Samples: Labor Agreement, Labor Agreement
