Termination or Death Sample Clauses
The 'Termination or Death' clause defines the conditions under which an agreement may end due to the death of a party or through other specified termination events. Typically, this clause outlines what happens to the rights and obligations of the parties if one party dies, such as whether the agreement automatically ends or if it can be assigned to heirs or representatives. It may also specify notice requirements or any final payments due upon termination. The core function of this clause is to provide clarity and certainty about the consequences of death or early termination, thereby preventing disputes and ensuring a smooth transition or conclusion of the contractual relationship.
Termination or Death. After six (6) months' service, upon the termination of any employee for any reason, or in the event of the death of an employee, all accumulated vacation shall be paid either to the employee or his/her heirs, whichever the case may be.
Termination or Death. Upon voluntary or involuntary termination of a nurse, all accrued PTO leave shall be paid to the nurse. On the death of a nurse, all accrued PTO leave shall be paid to their estate.
Termination or Death. In the event of the termination or death of an employee, all accumulated vacation credits shall be paid at that employee's current salary rate either to the employee or to his or her heirs. An employee who is terminated for just cause shall not be eligible for any accrued but unused vacation pay.
Termination or Death. 18 Unused vacation leave shall be paid to the employee at his or her regular rate 19 of pay at the time of separation from service. In the event of an employee’s death, 20 unused vacation leave shall be paid to the employee’s heirs at his or her regular rate 21 of pay.
Termination or Death. Upon termination or death of a regular full-time employee who has completed at least one year of continuous employment, compensation for all accumulated vacation shall be paid to the employee or his/her heirs.
Termination or Death. Upon the termination of an employee for any reason, or in the event of the death of an employee, all accumulated vacation shall be paid either to the employee or his/her heirs, whichever the case may be. Payment is to be made within time specified under State of Oregon Wage and Hour Law.
Termination or Death. Upon termination after one year of employment, accrued vacation time will be paid for at the employee's last regular rate of pay. Upon an employee's death, during employment with the County, all unused accrued vacation days will be paid for in full at the last regular rate of pay of said employee to the employee's heirs or estate.
Termination or Death. After six (6) months of service, upon the termination of an 16 employee for any reason, or in the event of the death of an employee, all accumulated vacation 17 shall be paid either to the employee or his or her heirs, whichever the case may be.
Termination or Death. An employee whose employment is terminated or who is laid off will be granted a pro-rated amount of vacation pay based on the period that the employee has been in the active employ of the Employer since that date on which the employee became entitled to their immediately previous vacation, if any. If an employee dies, their estate will be credited with the value of the vacation credits owing them.
Termination or Death. Upon termination or death of an employee who has completed his/her probationary period and who is eligible to have a vacation balance, compensation for all accrued but unused vacation shall be paid to the employee or to the employee’s surviving spouse if there be one, and otherwise to the employee’s estate or to the trust entity or lawful heirs if probate is not required.