Vacation Pay at Termination of Employment Sample Clauses

Vacation Pay at Termination of Employment a) Should an employee’s services become terminated, the employee shall reimburse the Employer for any overpayments he/she may have received for vacation provided by this Article.
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Vacation Pay at Termination of Employment. If an employee terminates employment before an anniversary date, vacation pay will be calculated from January 1st of the year of termination to the date of termination. The amount will be based on the current vacation entitlement and on the specified rate as shown below: • Less than 3 weeks 4% of earnings • 3 weeks entitlement 6% of earnings • 4 weeks entitlement 8% of earnings • 5 weeks entitlement 10% of earnings • 6 weeks entitlement 12% of earnings • 7 weeks entitlement 13.5% of earnings If payment for vacation time already taken exceeds the amount payable for the termination year, the difference will be deducted from the final paycheque.
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Related to Vacation Pay at Termination of Employment

  • EMPLOYMENT & TERMINATION This Agreement and the employment of the Executive shall terminate upon the occurrence of any of the following:

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

  • Benefit Termination Any employee terminating employment shall be entitled to receive the District insurance contribution for the remainder of the calendar month in which the contribution is effective. In cases where separation occurs after completion of the employee’s full contract obligation (i.e. the end of the school/work year), benefit coverage will continue through August 31 of that year.

  • NOTICE OF TERMINATION OF EMPLOYMENT 2601 Employment may be terminated voluntarily by a nurse or for just cause by the Employer subject to the following periods of written notice, exclusive of any vacation due:

  • Severance Termination (a) Subject to 56.7 above, indeterminate employees on 4 June 2014 shall be entitled to a severance payment equal to one (1) week's pay for each complete year of continuous employment and, in the case of a partial year of continuous employment, one (1) week's pay multiplied by the number of days of continuous employment divided by three hundred sixty-five (365), to a maximum of thirty (30) weeks.

  • 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.

  • Employee Termination A) Regular employees other than those serving a probationary period, shall give twenty-eight (28) calendar days written notice of termination to a representative designated by the Employer with the authority to accept such written notice.

  • Employee’s Termination The Employee ☐ *shall ☐ shall not have the right to terminate this Agreement. *If allowed, the Employee shall be required to provide at least days’ notice. If the Employee should terminate this Agreement before the expiration date, he or she shall be entitled to severance, equal to their pay at the time of termination, for a period of .

  • SEPARATION OF EMPLOYMENT (a) If an employee is discharged by the Employer, he shall be paid in full for all monies owing to him by the Employer on the date of his discharge.

  • 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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