Common use of Rate of Conversion Clause in Contracts

Rate of Conversion. 20 Sick leave days that are eligible for conversion shall be converted to monetary 21 compensation at the rate of twenty-five percent (25%) of an employee’s full time daily rate 22 of compensation at the time of termination of employment for each full day of eligible sick

Rate of Conversion. 20 Sick leave days that are eligible for conversion shall be converted 15 to monetary 21 compensation at the rate of twenty-five percent (25%) of an employee’s full 16 full-time daily rate 22 of compensation at the time of termination of employment for each 17 full day of eligible sicksick leave, to a maximum of one hundred eighty (180) days. Partial 18 days of eligible sick leave shall be converted on a pro-rata basis.

Rate of Conversion. 20 Sick leave days that are eligible for conversion shall be converted to 20 monetary 21 compensation at the rate of twenty-five percent (25%) of an employee’s full time 21 daily rate 22 of compensation at the time of termination of employment for each full day of 22 eligible sicksick leave, to a maximum of one hundred eighty (one hundred eighty (180) days). 23 Partial days of eligible sick leave shall be converted on a pro-rata basis.

Rate of Conversion. 20 Sick leave days that are eligible for conversion shall be 2 converted to monetary 21 compensation at the rate of twenty-five percent (25%) of an 3 employee’s full time daily rate 22 of compensation at the time of termination of 4 employment for each full day of eligible sicksick leave, to a maximum of one hundred 5 eighty (180) days. Partial days of eligible sick leave shall be converted on a pro-rata

Rate of Conversion. 20 Sick leave days that are eligible for conversion shall be converted to 31 monetary 21 compensation at the rate of twenty-five percent (25%) of an the employee’s full 32 current, full-time daily rate 22 of compensation at the time of termination of employment for each full day of eligible sicksick leave. 33 Partial days of eligible sick leave shall be converted on a pro rata basis.