Common use of Annual Conversion Clause in Contracts

Annual Conversion. Compensation for unused vacation days and when authorized pursuant to Section 20.2 of Article Twenty (20) and not to exceed forty (40) hours shall be paid only once a year and only after the approval of the Chief. If he has approved compensation for unused vacation days for employees under his jurisdiction, he shall submit a list of said employees, and the number of days of pay involved for each employee to the Township Fiscal Officer by December 15, of each year of this Agreement. Payments shall be made by the Township Fiscal Officer in the first pay period of January of the following year in a separate check outside of regular payroll.

Appears in 4 contracts

Samples: dam.assets.ohio.gov, dam.assets.ohio.gov, serb.ohio.gov

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