VACATION PAYMENT UPON TERMINATION Sample Clauses

VACATION PAYMENT UPON TERMINATION. Employees who leave City employment shall be paid in a lump sum for all accrued vacation leave earned prior to the effective date of termination not to exceed two (2) years accumulation.
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VACATION PAYMENT UPON TERMINATION. Any employee who leaves the employment of the Employer during the fiscal year, as the result of dismissal or voluntary quit without two-week notice, shall forfeit all vacation rights. Staff who resign from employment of the District with proper notice (two weeks) will be paid accrued vacation. An employee who is laid off, retires, or quits with two-week notice (but not an employee who quits without two-week notice or is discharged), shall receive unused vacation credit accrued from the preceding July 1 based on months of service (or major fraction thereof) after which the employee would have been entitled on the basis of seniority the following June 30. A recalled employee who received such credit at the time of layoff will have credit deducted from the next vacation pay should they be recalled.
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VACATION PAYMENT UPON TERMINATION. In the event that the Superintendent of Schools and the School Committee terminate this contract of employment, payment of unused vacation time shall be mad as follows:
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Related to VACATION PAYMENT UPON TERMINATION

  • 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.

  • Payment upon Termination In the event that the City or Consultant terminates this Agreement pursuant to Section 8, the City shall compensate the Consultant for all outstanding costs and reimbursable expenses incurred for work satisfactorily completed as of the date of written notice of termination. Consultant shall maintain adequate logs and timesheets in order to verify costs incurred to that date. The City shall have no obligation to compensate Consultant for work not verified by logs or timesheets.

  • 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.

  • Refund or Payment upon Termination If this Agreement is terminated by You in accordance with Section 12.3 (Termination), We will refund You any prepaid fees covering the remainder of the term of all Order Forms after the effective date of termination. If this Agreement is terminated by Us in accordance with Section 12.3, You will pay any unpaid fees covering the remainder of the term of all Order Forms. In no event will termination relieve You of Your obligation to pay any fees payable to Us for the period prior to the effective date of termination.

  • Compensation Upon Termination Upon termination of Executive’s employment during the Employment Term, Executive shall be entitled to the following benefits:

  • Payments Upon Termination 7.1 The Customer shall pay the Company liquidated damages (total monthly fee as specified in the Sales and Services Agreement x remaining months in the Term) upon the occurrence of any of the following events before the expiry of the Term:

  • On Termination (a) An employee who voluntarily terminates his employment will be provided his final pay on the next regular payday.

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