Common use of Conversion Factor Clause in Contracts

Conversion Factor. All sick leave accumulated by an employee up to a maximum of one hundred eighty (180) days, may be converted to severance pay and paid as such on the basis of one (1) day of severance pay for each four (4) days of unused and accumulated sick leave converted subject to the following: Maximum Severance Length of Service Days Less than 5 years 0 days 5 years to 15 years 30 days 15 years to 25 years 35 days Over 25 years 45 days The maximum number of days paid as severance pay under this Article shall be forty five (45) days.

Conversion Factor. All sick Sick leave accumulated by an the employee up to a maximum of one hundred eighty (180) days, may be converted to severance pay and paid as such on the basis of one (1) day of severance pay for each four (4) days of unused and accumulated sick leave converted subject to the following: Maximum Severance Length of Service Maximum Conversion Pay Days Less than 5 years 0 days 5 years to 15 7 years 30 17 days 15 7 years to 10 years 25 years 35 days Over 25 10 years 45 57.5 days The maximum number of sick leave days paid as severance pay under this Article that may be converted shall be forty five Two Hundred Thirty (45230) total days or 1:4 ratio of accumulated sick days.

Conversion Factor. All sick leave accumulated by an the employee up to a maximum of one hundred eighty and sixty (180l60) total days, may be converted to severance pay and paid as such on the basis of one (1) day of severance pay for each four (4) days of accumulated and unused and accumulated sick leave converted subject to the following: Maximum Severance Length of Service Maximum Severance Pay Days Less than 5 years 0 days 5 years to 15 years 30 days 15 years to 25 years 35 days Over 25 years 45 40 days The maximum number of days paid as severance pay under 27.04 Payment for sick leave on this Article basis shall be forty five (45) daysconsidered to eliminate all sick leave credit accrued by the employee at that time. Payment shall be based on the employee's rate of pay at the time of retirement. Such payment shall be made only once to any employee.

Conversion Factor. All sick leave accumulated by an employee up to a maximum of one two hundred eighty (180200) days, may be converted to severance pay and paid as such on the basis of one (1) day of severance pay for each four (4) days of unused and accumulated sick leave converted subject to the following: Maximum Severance Length of Service Pay Days Less than 5 years 0 days 5 years to 15 years 30 35 days 15 years to 25 years 35 40 days Over 25 years 45 days The maximum number of days paid as severance pay under this Article shall be forty forty- five (45) days.

Conversion Factor. All sick Xxxx leave accumulated by an the employee up to a maximum of one hundred eighty (180) days, may be converted to severance pay and paid as such on the basis of one (1) day of severance pay for each four (4) days of unused and accumulated sick leave converted subject to the following: Maximum Severance Length of Service Maximum Conversion Pay Days Less than 5 years 0 days 5 years to 15 7 years 30 17 days 15 7 years to 10 years 25 years 35 days Over 25 10 years 45 57.5 days The maximum number of sick leave days paid as severance pay under this Article that may be converted shall be forty five Two Hundred Thirty (45230) total days or 1:4 ratio of accumulated sick days.

Conversion Factor. All sick leave accumulated accumulation by an employee up the Psychologist, to a maximum of one hundred eighty (180) total days, may be converted to severance pay and paid as such on the basis of one (1) day of severance pay for each four (4) days of accumulated and unused and accumulated sick leave converted subject to the following: Maximum Severance Length of Service Days Less than 5 years 0 days 5 years to 15 years 30 days 15 years to 25 years 35 days Over 25 years 45 days converted. The maximum number of days paid as severance pay under this Article article shall be forty forty-five (45) days.

Conversion Factor. All sick leave accumulated by an employee up to a maximum of one two hundred eighty (180200) days, may be converted to severance pay and paid as such on the basis of one (1) day of severance pay for each four (4) days of unused and accumulated sick leave converted subject to the following: Maximum Severance Length of Service Pay Days Less than 5 years 0 days 5 years to 15 years 30 40 days 15 15+ years to 25 years 35 days Over 25 years 45 50 days The maximum number of days paid as severance pay under this Article shall be forty forty-five (45) days.