Common use of Vacation Payout Clause in Contracts

Vacation Payout. On termination of employment, an employee will be paid the balance of any unused vacation pay accrued to their benefit.

Appears in 3 contracts

Sources: Collective Agreement, Collective Agreement, Collective Agreement

Vacation Payout. On termination of employmentUpon termination, an employee will employees shall be paid the balance of any compensated for all unused vacation pay accrued to accrual and entitlement at their benefitcurrent rate of pay.

Appears in 2 contracts

Sources: Memorandum of Understanding, Side Letter Agreement

Vacation Payout. On termination of employment, an employee will be paid the balance of any unused vacation pay accrued to their his benefit.

Appears in 1 contract

Sources: Collective Bargaining Agreement