Common use of Vacation Cash Out Clause in Contracts

Vacation Cash Out. Upon termination of employment the District shall allow the employee or, in the case of the employee's death, his/her estate, to elect to be paid for accumulated vacation in an amount not to exceed thirty (30) days, or such lesser amount as may be necessary so that the District avoids any attendant financial penalty or other legal constraints. Cashout of accumulated annual leave will be at the rate of 1/223rd of the employee's annual salary. Every employee should make arrangements to use excess accumulated leave before the employee's termination date.

Vacation Cash Out. Upon termination of employment the District shall allow the employee or, in the case of the employee's ’s death, his/her their estate, to elect to be paid for accumulated vacation in an amount not to exceed thirty (30) days, or such lesser amount as may be necessary so that the District avoids any attendant financial penalty or other legal constraints, provided that an employee who terminates employment with the District is entitled to paid vacation. Cashout Cash out of accumulated annual leave will be at the rate of 1/223rd of the employee's ’s annual salary. Every employee should shall make arrangements to use excess accumulated leave before the employee's ’s termination date. Any accrued vacation in excess of 30 days will be lost; the District will not allow the employee to extend the resignation date to access unused vacation.

Vacation Cash Out. Upon termination of employment the District shall allow the employee or, in the case of the employee's ’s death, his/her estate, to elect to be paid for accumulated vacation in an amount not to exceed thirty (30) days, or such lesser amount as may be necessary so that the District avoids any attendant financial penalty or other legal constraints, provided that an employee who terminates employment with the District is entitled to paid vacation. Cashout Cash out of accumulated annual leave will be at the rate of 1/223rd of the employee's ’s annual salary. Every employee should shall make arrangements to use excess accumulated leave before the employee's ’s termination date. Any accrued vacation in excess of 30 days will be lost; the District will not allow the employee to extend the resignation date to access unused vacation.

Vacation Cash Out. Upon termination of employment employment, the District shall allow the employee or, in the case of the employee's death, his/her estate, to elect to be paid for accumulated vacation in an amount not to exceed thirty (30) days, or such lesser amount as may be necessary so that the District avoids any attendant financial penalty or other legal constraints, provided that an employee who terminates employment with the District holds a valid individual contract which includes a provision entitling such employee to paid vacation. Cashout Cash out of accumulated annual leave will be at the rate of 1/223rd 1/2176th of the employee's annual salary. Every employee should make arrangements to use excess accumulated annual leave before the employee's termination date.

Vacation Cash Out. Upon termination of employment employment, the District shall allow the employee or, in the case of the employee's death, his/her estate, to elect to be paid for accumulated vacation in an amount not to exceed thirty (30) days, or such lesser amount as may be necessary so that the District avoids any attendant financial penalty or other legal constraints, provided that an employee who terminates employment with the District holds a valid individual contract which includes a provision entitling such employee to paid vacation. Cashout Cash out of accumulated annual leave will be at the rate of 1/223rd 1/217th of the employee's annual salary. Every employee should make arrangements to use excess accumulated annual leave before the employee's termination date.