Common use of Payments at Termination Clause in Contracts

Payments at Termination. When a permanent employee leaves the service of the City, that employee is entitled to lump sum payoff of vacation leave and any unused cashable floating holiday or cashable MOU (i.e., management leave) days. No claim may be made against the City for the use or payment of unused sick leave nor can the effective date of termination be extended by the use of sick leave, vacation or other leave days.

Appears in 2 contracts

Sources: Memorandum of Understanding, Memorandum of Understanding

Payments at Termination. β€Œ When a permanent employee leaves the service of the City, that employee is entitled to lump sum payoff of vacation leave and any unused cashable floating holiday or cashable MOU (i.e., management leave) days. No claim may be made against the City for the use or payment of unused sick leave nor can the effective date of termination be extended by the use of sick leave, vacation or other leave days.

Appears in 1 contract

Sources: Memorandum of Understanding