Payment for Unused Vacation Sample Clauses

Payment for Unused Vacation. Employees who are separated from the County service shall be entitled to payment in lieu of all unused vacation leave and administrative leave which the employee may have accumulated as of the employee’s last day of work and payment shall be computed on the basis of such employee’s base hourly rate at the time of termination.
AutoNDA by SimpleDocs
Payment for Unused Vacation. A. At separation: Upon separation from service for any cause, an employee shall be paid a lump sum payment for any unused or accumulated vacation earned through the last day of employment.
Payment for Unused Vacation. No later than twenty (20) days after termination, the employee (or the employee’s estate) shall be paid for all accumulated, unused vacation at the employee’s last rate of pay.
Payment for Unused Vacation. 28.3.1 When a fiscal year Bargaining Unit Faculty Member terminates employment with the University, the unused balance of the Member’s vacation will be paid in cash, according to the following calculation: Fiscal year salary ÷ 11 months = monthly salary Monthly salary ÷ 21.667 days = daily pay Daily pay ÷ 8 hours = hourly pay.
Payment for Unused Vacation. In extenuating circumstances that renders an employee unable to use their available vacation leave (above the allowed carry over) due to conditions outside of their control, the employee may request payment for up to forty (40) hours of unused vacation leave. Such requests must be submitted to the Human Resource Director (with supervisor recommendation) not later than May 15, and employees will be notified of the District’s decision by May 30. Payment will occur on the first payday in July. The decision of the District whether or not to grant this benefit shall be at the sole discretion of the Superintendent or designee and is not subject to grievance.
Payment for Unused Vacation. (1) At the sole discretion of the Director of Utilities, an employee may be paid for unused vacation leave in accordance with the following:
AutoNDA by SimpleDocs
Payment for Unused Vacation. Employees who separate from the Library shall be entitled to payment in lieu of all unused vacation leave as of the last day of work. The payment shall be computed on the basis of the employee's base hourly rate at the time of separation.
Payment for Unused Vacation. ‌ Upon severance of an employee from service, all accrued vacation leave not in excess of the limits prescribed may be paid in one lump sum or, upon request of the employee and approval of the department head and Assistant City Manager, used to extend the termination date.
Payment for Unused Vacation. Immediately prior to the Effective Time, Kentucky First or Bank shall pay to the Executive a cash amount equal to the Executive's accrued but unused vacation for the year based on her termination date of the end of business on the first business day after the Effective Time. The Executive acknowledges and agrees that vacation has not accrued from year to year and this payment will represent only unused current year vacation time. In the event the Effective Time does not occur until 2004, Executive will also be paid for any unused vacation from 2003.
Time is Money Join Law Insider Premium to draft better contracts faster.