Common use of Balance Payout Clause in Contracts

Balance Payout. a. Fiscal Year End: All compensatory time balances will be paid out at the end of each fiscal year and will be charged to the site or department the employee was assigned to at the end of the employee’s regular assignment for that fiscal year.

Balance Payout. a. Fiscal Year End: All compensatory time balances will be paid out at the end of each fiscal year and will be charged to the site or department the employee was assigned to at the end of the employee’s regular assignment for that fiscal year.