Common use of Vacation Payout Clause in Contracts

Vacation Payout. An employee who leaves employment for reasons other than termination shall receive his/her pro-rated vacation accruals paid out provided he/she has worked his/her first full year with the Employer according to the schedule set forth in Section 19.1.

Vacation Payout. An (A) Vacation pay shall be paid to an employee who leaves employment for reasons other than termination shall receive carried over but unused vacation time and for accrued vacation time in the event s/he voluntarily terminates his/her pro-rated vacation accruals paid out service, provided he/she ten (10) working days notice of such voluntary termination has worked his/her first full year with the Employer according been given in writing to the schedule set forth in Section 19.1employer.