Vacation Pay Upon Termination During First Year Of Employment Sample Clauses

Vacation Pay Upon Termination During First Year Of Employment. An Employee whose employment is terminated for any reason during the Employee's first year of employment shall be paid with his or her final pay an amount of money in lieu of vacation equivalent to six percent (6%) of his or her gross earnings earned to the date of such termination, less the amount of any vacation payment already received by the Employee.