Common use of Benefits on Termination Clause in Contracts

Benefits on Termination. Employees who leave the employ of the Employer for reasons other than discharge for just cause may receive pay for accrued but unused vacation leave in any of the following circumstances: (a) If an employee retires in accordance with the retirement plan currently in effect. (b) If an employee resigns from employment and a minimum of two weeks advance notice is given to the Employer. (c) If an employee is laid off and requests payment of vacation pay, provided , however, that such vacation pay shall be designated to the period of the layoff.

Benefits on Termination. Employees who leave the employ of the Employer for reasons other than discharge for just cause may receive pay for accrued but unused vacation leave in any of the following circumstances: (a) If an employee retires in accordance with the retirement plan currently in effect. (b) If an employee resigns from employment and a minimum of two (2) weeks advance notice is given to the Employer. (c) If an employee is laid off and requests payment of vacation pay, provided ; provided, however, that such vacation pay shall be designated to the period of the layoff.

Benefits on Termination. Employees who leave the employ of the Employer for reasons other than discharge for just cause may receive pay for accrued but unused vacation leave in any of the following circumstances: (a) 1. If an employee retires in accordance with the retirement plan currently in effect. (b) 2. If an employee resigns from employment and a minimum of two weeks weeks’ advance notice is given to the Employer. (c) 3. If an employee is laid off and requests payment of vacation pay, provided ; provided, however, that such vacation pay shall be designated to the period of the layoff. 4. If an employee dies, vacation pay shall be paid to the designated beneficiary.