Common use of Vacation Pay Upon Termination Clause in Contracts

Vacation Pay Upon Termination. A. Upon termination from the Company, an employee with at least six (6) months of service as a regular employee shall be paid for any earned vacation allowance unused as of the date of termination; however, in no event shall this amount exceed two (2) years of vacation accumulation.

Appears in 10 contracts

Samples: National Agreement, Agreement, Agreement

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Vacation Pay Upon Termination. A. Upon termination from At the Companytime of termination, an employee employees with at least over six (6) months of service as shall be entitled to accumulated vacation pay upon a regular prorated basis for all vacation time to which they are entitled, but not used, provided that, if such termination is the result of the employee's resignation, the employee shall not be paid for any earned entitled to accrued vacation allowance unused as pay unless he gives the Employer proper notice of his resignation in accordance with the date provisions of termination; however, in no event shall this amount exceed two (2) years of vacation accumulationArticle.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Vacation Pay Upon Termination. A. Upon termination from the Company, When an employee with at least of more than six (6) months of service as a regular employee is terminated for any reason, he/she shall be paid for any entitled to all vacation pay earned vacation allowance unused as and accumulated up to the effective date of the date termination. Employees terminated with less than six (6) months of termination; however, in no event service shall this amount exceed two (2) years of not receive accumulated vacation accumulationpay.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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