Cashout definition
Examples of Cashout in a sentence
Cash-out and carry-over provisions for the bank will be defined locally.
Cash-out or lump-sum payment for any Personal Leave credits shall not be considered as "compensation" for purposes of retirement.
Cashout of accumulated annual leave will be at the rate of 1/223rd of the employee's annual salary.
Cash-out and carry-over provisions for the bank will be resolved locally.
Employees may also elect to receive Holiday Compensatory Time Off on an hour for hour basis rather than receive holiday pay if requested by December 31 of the prior year on the Holiday Comp Cashout Form.
Cashout of accumulated annual leave will be at the rate of 1/217th of the employee's annual salary.
Bargaining Unit employees are only eligible for the current Annual Leave Cash-out policy, and may not participate in either that Educational Expense and/or the Computer Purchase Annual Leave cash-out.
Cash-out payment will be initiated on the first business day of February.
For the avoidance of doubt, any Company Option which has an exercise price per share of Company Common Stock that is greater than or equal to the Equity Award Cashout Price shall be cancelled at the Effective Time for no consideration or payment.
Placed Equal Vacancy or Cashout in Location N Placed Equal Vacancy or Cashout in Province (Offered IF employee Willing to Move) N Placed Displace Equal in Location N Placed N Placed Displace Lower in Location N Placed N Employee Terminated, Out of Options Note that employees who are unwilling to move will skip steps where a provincial placement is sought and fall through to the next step.