Common use of Outstanding Credits Clause in Contracts

Outstanding Credits. In the event of the death of an employee while in service, all regular salary, all premium payments such as overtime, and all annual vacation, statutory holiday and gratuity credits outstanding to his account at the time of death shall be paid to his beneficiary or estate.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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Outstanding Credits. In the event of the death of an employee while in service, all regular salary, all premium payments such as overtime, and all annual vacation, statutory holiday and gratuity credits outstanding to his the employee’s account at the time of death shall be paid to his the employee’s beneficiary or estate.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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