Common use of Cashout of PTO on Termination Clause in Contracts

Cashout of PTO on Termination. Upon termination of employment, a nurse shall be paid for all unused accrued PTO at the nurse’s straight-time rate of pay, including premium pay when applicable. A nurse shall not be reimbursed for unused days in the Extended Illness Time.

Cashout of PTO on Termination. Upon termination of employment, a 18 nurse shall be paid for all unused accrued PTO at the nurse’s straight-time rate of 19 pay, including premium pay when applicable. A nurse shall not be reimbursed for 20 unused days in the Extended Illness Time.

Cashout of PTO on Termination. Upon termination of employment, a nurse shall be 5 paid for all unused accrued PTO at the nurse’s straight-time rate of pay, including premium pay 6 when applicable. A nurse shall not be reimbursed for unused days in the Extended Illness Time.

Cashout of PTO on Termination. Upon termination of employment, a nurse an RN shall be paid for all unused accrued PTO PTOs at the nurseRN’s straight-time rate of pay, including premium pay when applicable, provided the RN is not within the first 90 days of continuous employment. A nurse An RN shall not be reimbursed for unused days in the Extended Illness TimeBank.