No Cash Option Sample Clauses

No Cash Option. No employee may receive cash in lieu of or as an alternative to any of the Employer’s Non-elective Contribution(s) described herein.
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No Cash Option. The contributions will be non-elective Employer contributions, and Employees will have no option to receive cash in lieu of such contributions.
No Cash Option. No employee may receive cash in lieu of or as an alternative to any of the Lake Placid Central School's Non-Elective Contribution(s) described herein.
No Cash Option. Except as provided in paragraph V(A)(3)(a)(iii) xxxxx, The Superintendent may not receive cash in lieu of or as an alternative to the District’s Non-elective Contribution described herein.
No Cash Option. No teacher may receive cash in lieu of or as an alternative to any of the Employer’s non-elective contribution(s) described herein, except as provided in Section 2 herein.
No Cash Option. No employee may receive cash for converted, unused sick or vacation leave in lieu of or as an alternative to any of the District’s nonelective contributions(s) described herein.‌‌‌
No Cash Option. Tke emylo;ee ma; »ot ìeceive cask i» lie» of oì as a» alteì»ative to a»; of tke Emylo;eì’s No»-elective Co»tìiu»tio»(s).
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No Cash Option. Except in the instance of a layoff and at the request of the employee, no eligible employee (as defined in paragraph 22.6) may receive cash in lieu of as an alternative to any of the Employer’s Non-elective Contribution(s) for earned, unused vacation pay and payment for sick leave accumulation pursuant to the applicable provisions of the CBA.
No Cash Option. No employee who is represented by the Association and retiring from the school district may receive cash in lieu of, or as an alternative to, any of the Employer’s Non-elective Contribution(s) described herein.

Related to No Cash Option

  • Compensatory Time Cash Out All compensatory time must be used by June 30th of each year. If compensatory time balances are not scheduled to be used by the employee by April of each year, the supervisor will contact the employee to review their schedule. The employee’s compensatory time balance will be cashed out every June 30th or when the employee:

  • Cash Payment The Employee shall make cash payments by wire transfer, certified or bank check or personal check, in each case payable to the order of the Company; the Company shall not be required to deliver certificates for Option Shares until the Company has confirmed the receipt of good and available funds in payment of the purchase price thereof.

  • Cash Payments Merchant may not receive any payments from a Cardholder for charges included in any Transaction resulting from the use of any Card nor receive any payment from a Cardholder to prepare and present a Transaction for the purpose of affecting a deposit to the Cardholder's Card account.

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