Common use of Vacation Payout Clause in Contracts

Vacation Payout. On termination of employment, an employee will be paid the balance of any unused vacation pay accrued to their benefit.

Vacation Payout. On termination of employmentUpon termination, an employee will employees shall be paid the balance of any compensated for all unused vacation pay accrued to accrual and entitlement at their benefitcurrent rate of pay.

Vacation Payout. On termination of employment, an employee will be paid the balance of any unused vacation pay accrued to their his benefit.

Vacation Payout. On Upon termination of employmentor layoff, an employee will be paid the balance of any his/her accumulated unused vacation pay accrued to their benefithours.

Vacation Payout. On termination of employmentWhen an employee’s employment is terminated for any reason whatsoever, an employee will all earned vacation shall be paid out at the balance employee’s then-­‐current hourly rate, at the time of any unused vacation pay accrued to their benefittermination.