Common use of Unused Vacation Time Clause in Contracts

Unused Vacation Time. If an Employee does not take the full amount of vacation time he or she is entitled to during a year, then the question of how the owed time off or payment (for the vacation days) will be handled by the Employer and Employee must be settled. If the unused vacation days shall be converted to payment, then select the first statement from the list provided and document the cash amount that shall be paid to the Employee for every unused vacation day. (32)