Common use of Vacation Credit and Bonus Extends to or Beyond Retirement Date Clause in Contracts

Vacation Credit and Bonus Extends to or Beyond Retirement Date. If the sick leave grant expires prior to the approved retirement date, but part or all of the outstanding vacation credit (Part 'A', Section 6.6 - Vacation Payment on Termination) and bonus of one month's pay [if applicable, see Subsection 15.1(1.) preceding] carries to or beyond the approved retirement date, the employee shall be given a cash payment in lieu of any unused portion of: 1. The vacation credit accumulated up to the expiry of the sick leave; and/or 2. The month's bonus.

Appears in 7 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Vacation Credit and Bonus Extends to or Beyond Retirement Date. If the sick leave grant expires prior to the approved retirement date, but part or all of the outstanding vacation credit (Part 'A', Section 6.6 4.4.7 - Vacation Payment on Termination) and bonus of one (1) month's pay [if applicable, see Subsection 15.1(1.4.11.1 (a) preceding] carries to or beyond the approved retirement date, the employee shall be given a cash payment in lieu of any unused portion of: 1. (i) The vacation credit accumulated up to the expiry of the sick leave; and/or 2. (ii) The (1) month's bonus.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

Vacation Credit and Bonus Extends to or Beyond Retirement Date. If the sick leave grant expires prior to the approved retirement date, but part or all of the outstanding vacation credit in chart in (Part 'A', Section 6.6 - Vacation Payment on Termination4.3) and bonus of one month's pay [if applicable, see Subsection 15.1(1.) preceding] carries to or beyond the approved retirement date, the employee shall be given a cash payment in lieu of any unused portion of: 1. The vacation credit accumulated up to the expiry of the sick leave; and/or 2. The month's bonus.11.1

Appears in 1 contract

Samples: Collective Agreement

Vacation Credit and Bonus Extends to or Beyond Retirement Date. If the sick leave grant expires prior to the approved retirement date, but part or all of the outstanding vacation credit in chart in (Part 'A', Section 6.6 - Vacation Payment on Termination4.3) and bonus of one month's pay [if applicable, see Subsection 15.1(111.1(1.) preceding] carries to or beyond the approved retirement date, the employee shall be given a cash payment in lieu of any unused portion of: 1. The vacation credit accumulated up to the expiry of the sick leave; and/or 2. The month's bonus.

Appears in 1 contract

Samples: Collective Agreement

Vacation Credit and Bonus Extends to or Beyond Retirement Date. If the sick leave grant expires prior to the approved retirement date, but part or all of the outstanding vacation credit (Part 'A', Section 6.6 - Vacation Payment on Termination) and bonus of one month(1)month's pay [if applicable, see Subsection 15.1(1.) preceding] carries to or beyond the approved retirement date, the employee shall be given a cash payment in lieu of any unused portion of: 1. : The vacation credit accumulated up to the expiry of the sick leave; and/or 2. and/or The (1) month's bonus.

Appears in 1 contract

Samples: Collective Agreement

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Vacation Credit and Bonus Extends to or Beyond Retirement Date. If the sick leave grant expires prior to the approved a pproved retirement date, but part or all of the outstanding vacation credit (Part 'A', Section 6.6 - Vacation Payment on Termination) and bonus of one (1) month's pay [(if applicable, see Subsection 15.1(1.) preceding] ) carries to or beyond the approved retirement date, the employee shall be given a cash payment in lieu of any unused portion of: 1. The vacation credit accumulated up to the expiry of the sick leave; and/or 2. The month's bonus.

Appears in 1 contract

Samples: Collective Agreement

Vacation Credit and Bonus Extends to or Beyond Retirement Date. If the sick leave grant expires prior to the approved retirement date, but part or all of the outstanding vacation credit (Part 'A', Section 6.6 - Vacation Payment on Termination) and bonus of one (1) month's pay [if applicable, see Subsection 15.1(1.) preceding] carries to or beyond the approved retirement date, the employee shall be given a cash payment in lieu of any unused portion of: 1. : The vacation credit accumulated up to the expiry of the sick leave; and/or 2. and/or The (1) month's bonus.

Appears in 1 contract

Samples: Collective Agreement

Vacation Credit and Bonus Extends to or Beyond Retirement Date. If the sick leave grant expires prior to the approved retirement date, but part or all of the outstanding vacation credit (Part 'A', Section 6.6 - Vacation Payment on Termination) and bonus of one (1) month's pay [if applicable, see Subsection 15.1(1.) preceding] carries to or beyond the approved retirement date, the employee shall be given a cash payment in lieu of any unused portion of: 1. The vacation credit accumulated up to the expiry of the sick leave; and/or 2. The month's bonus.Subsection

Appears in 1 contract

Samples: Collective Agreement

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