Common use of Vacation Payment on Termination Clause in Contracts

Vacation Payment on Termination. All terminations shall be handled on the following basis: (a) Employees who had received their vacation earned as of May 1st prior to termination shall receive a pro rata payment from May 1st to date of termination as fol- lows: 3 weeks 6% 4 weeks 8% 5 weeks 10% 6 weeks 12% 7 weeks 14% (b) In addition to the above, employees will receive a payment equal to any remaining vacation entitlement unused. (c) Permanent Part-Time and Part Time employees who have elected to bank their vacation payments, will have any outstanding balance paid to them. (d) An employee, on termination, shall receive any xxxx- tion bonus to which they are entitled.

Vacation Payment on Termination. All terminations shall be handled on the following basis: (a) Employees who had received their vacation earned as of May 1st prior to termination shall receive a pro rata payment from May 1st to date of termination as fol- fol‑ lows: 3 weeks 6% 4 weeks 8% 5 weeks 10% 6 weeks 12% 7 weeks 14% (b) In addition to the above, employees will receive a payment equal to any remaining vacation entitlement unused. (c) Permanent Part-Time Part‑Time and Part Time employees who have elected to bank their vacation payments, will have any outstanding balance paid to them. (d) An employee, on termination, shall receive any xxxx- xxxx‑ tion bonus to which they are he/she is entitled.

Vacation Payment on Termination. All terminations shall be handled on the following basis: (a) Employees who had received their vacation earned as of May 1st prior to termination shall receive a pro rata payment from May 1st to date of termination as fol- lows: 2 weeks 4%* 3 weeks 6% 4 weeks 8% 5 weeks 10% 6 weeks 12% 7 weeks 14% (b) In addition to the above, employees will receive a payment equal to any remaining vacation entitlement unused. (c) Permanent Part-Time and Part Time employees who have elected to bank their vacation payments, will have any outstanding balance paid to them. (d) An employee, on termination, shall receive any xxxx- tion bonus to which they are entitled.