Common use of Sick Leave Gratuity Clause in Contracts

Sick Leave Gratuity. All employees after completion of ten (10) years continuous service shall, upon retirement or upon severance of service other than dismissal for cause, be paid a gratuity for the unused balance of sick leave, if any, due them at that time up to a maximum of fifty-seven (57) working days. In the event of death of any employee before retirement, the Sick Leave Gratuity shall be paid to a surviving spouse, or in the event of there being no surviving spouse, be paid at the discretion of the Employer to a dependent immediate family member.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

AutoNDA by SimpleDocs

Sick Leave Gratuity. All employees after completion of ten (10) years years' continuous service shall, upon retirement or upon severance of service other than dismissal for cause, be paid a gratuity for the unused balance of sick leave, if any, due them at that time up to a maximum of fifty-seven sixty (5760) working days. In the event of death of any employee before retirement, the Sick Leave Gratuity shall be paid to a surviving spouse, or in the event of there being no surviving spouse, be paid at the discretion of the Employer to a dependent immediate family member.

Appears in 1 contract

Samples: Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.