Vacation Payment on Termination. An employee whose service is terminated by the Company or by resignation shall be entitled to a cash payment in lieu of an outstanding vacation allowance, calculated proportionately from July 1 marking the beginning of the 12-month period in which the vacation entitlement applies. Upon the death of an employee, his or her estate shall be entitled to the same payment. The payment will be based on:
Vacation Payment on Termination. An employee who terminates for any reason will be paid for all unused credits in his or her vacation account and all accrued vacation through the last day worked.
Vacation Payment on Termination. All terminations shall be handled on the following basis:
Vacation Payment on Termination. 17.01 All terminations shall be handled on the following basis:
Vacation Payment on Termination. On separation from the University, employees will be paid for accrued, unused vacation according to Section 13.1.
Vacation Payment on Termination. All terminations shall be handled on the following basis. Employees who had received their vacations earned prior to termination shall receive a pro rata payment of four per six per eight per ten per
Vacation Payment on Termination. 3. If required by the Company to postpone his/her vacation for the year immediately prior to retirement, he/she shall receive a cash payment for that period. No payment shall be made for unused vacation for any other years.
Vacation Payment on Termination. As per Employement Standard Act
Vacation Payment on Termination. An employee who terminates for 13 any reason will be paid for all unused credits in his or her vacation account and all 14 earned but unawarded credits through the last day worked. 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 55 56
Vacation Payment on Termination. 5.4(a) All employees who terminate for any reason will be paid for all unused credits in their vacation account, including any carried over from the previous year. In addition, an employee who terminates by reason of layoff, retirement, death or verified entry into military service, will be paid for unawarded and unused vacation credits prorated for the time between the employee's last vacation eligibility date (or last hire date when the employee has not yet reached the first eligibility date) and the date of termination for layoff, retirement, death or verified entry into military service.