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

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 oneone (1) day of severance pay for each four (4) days of accumulated and unused sick leave converted subject to the following:

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 oneone (1) day of severance pay for each four (4) days of unused and accumulated sick leave converted subject to the following:

Conversion Factor. All sick leave accumulated by an the employee up to a maximum of one two hundred eighty forty (180240) total days, may be converted to severance pay and paid as such on the basis of oneone (1) day of severance pay for each four (4) days of unused and accumulated sick leave converted subject to the following: The maximum number of days paid, as conversion pay under this Article shall be sixty (60) days.