Common use of Terminated Employees Clause in Contracts

Terminated Employees. Employees who are terminated shall be eligible only for accumulated vacation days. When an employee resigns, is laid off, or is terminated, he/she shall be paid for accumulated as well as unused, earned vacation time up to the last day of work. In the event of the death of an employee, the estate of the employee shall be paid a sum equal to the employee’s per diem rate of pay (at the time of his/her death) for any accumulated and unused, earned vacation days up to the date of the employee’s death.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

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Terminated Employees. Employees who are terminated shall be eligible only for accumulated vacation days. When an employee resigns, is laid off, or is terminated, he/she shall be paid for accumulated as well as unused, earned vacation time up to the last day of work. In the event of the death of an employee, the estate of the employee shall be paid a sum equal to the employee’s per diem rate of pay (at the time of his/her death) for any accumulated and unused, earned vacation days up to the date of the employee’s death.. Contents

Appears in 1 contract

Samples: Agreement

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