Vacation Entitlement on Termination of Employment Sample Clauses

Vacation Entitlement on Termination of Employment. (1) A full-time employee leaving the service who has vacation leave due, will have all monies owed paid to them calculated on the basis of salary in effect at the date of termination. In the event of death monies will be paid to the estate.
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Vacation Entitlement on Termination of Employment a) Employees may take their paid vacation entitlement based on anniversary date during the vacation year in which it is earned. Employees who resign or who are terminated must pay back vacation which was taken, but not earned. A vacation schedule shall be drawn up by the Employer.
Vacation Entitlement on Termination of Employment. (a) a full-time employee leaving the service who has vacation due, will have all monies owed paid to calculated on the basis of wage rate in effect at the date of termination. In the event of death monies will be paid to the estate. an employee leaving the service who has been granted more vacation leave than is due to shall have such overpayment deducted from any monies owing him by the Corporation calculated on the basis of wage rate in effect at the date of termination. Notwithstanding the employer reserves the right to recover other debts the employee may have incurred. Where the employer finds it necessary to restrict approved vacation leave in whole or in part, the employee shall be entitled to receive pay in lieu (at straight time) or to take the leave at another time. Upon the submission of satisfactory documentary evidence, any non-recoverable or non- transferable financial commitments, made after the approval, will be reimbursed to the employee.

Related to Vacation Entitlement on Termination of Employment

  • Termination of Employment Executive's employment hereunder may be terminated under the following circumstances:

  • Vacation Pay Upon Termination When an employee in the bargaining unit is terminated for any reason, he/she shall be entitled to all vacation pay earned and accumulated up to and including the effective date of the termination.

  • Vacation Pay on Termination An employee whose employment is terminated shall receive vacation pay at the appropriate percentage of the wages or salary earned during the period of entitlement in accordance with the employee's years of service.

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