Payout Upon Separation Sample Clauses

Payout Upon Separation. Upon voluntary termination, retirement or death of an employee an amount equal to 50% of accumulated sick leave will be paid to the employee or the estate of said employee. At the discretion of the employee or the estate of the employee, the accumulated sick leave may be paid in a single lump sum, or may be deferred as deferred earnings at the rate of earnings in effect at the time of death, retirement or voluntary termination. The District shall not pay the employee for any unused accrued sick leave upon the termination of an employee for cause.
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Payout Upon Separation. For purposes of remuneration, at time of separation, employees will be credited at their hourly rate of pay for accrued hours of vacation. Employees shall be compensated for unused vacation at the time of separation from the District either as monetary remuneration or as compensatory time off upon the agreement of both parties.
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Payout Upon Separation. Upon separation, the district will pay out paid time off up to a maximum of six (6) days. Employees cannot access paid time off in the final three weeks of employment. Pay out of PTO will be prorated based on actual time worked over the course of the school year.4
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Payout Upon Separation. Upon separation from employment all accrued but unused PTO/ESST will be paid out on or about the last regular pay period.
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Payout Upon Separation. Any change will be by mutual agreement. Holidays Full-time employees receive eight (8) hours of pay at their straight-time rate for each of the following holidays: New Year’s Day Labor Day ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇’▇ Birthday Veteran’s Day President’s Day Thanksgiving Day Memorial Day Day after Thanksgiving Juneteenth Christmas Day Independence Day Full-time employees receive an additional twenty-four (24) hours of floating holiday annually on the first full pay period of the calendar year. Employees hired during the year will receive prorated floating holiday hours. Unused floating holiday hours will be cashed out on the final paycheck in the year in that they were accrued. Employees on an alternate work schedule are required to use floating holiday hours, vacation, or CTO to make up the difference between the holiday hours provided and the employee’s regularly scheduled hours. Part-time employees receive holidays and floating holiday hours on a pro-rated basis. Observed Holidays (other than operational field staff):  If the holiday falls on a Sunday, the Monday following is observed as the holiday. Employees (other than operational staff) who work on the holiday will receive a holiday premium of half their regular rate of pay for each hour worked.  Employees required to work on an observed holiday will receive an additional half- time for all hours worked on the holiday. Observed Holidays (operational field staff): The actual holiday is the observed holiday for operations staff. Employees required to work on an observed holiday will receive half- time for all hours worked on the holiday. Jury Duty Employees who are summoned for jury duty and unable to perform their regular duties will be given a leave of absence with pay for the duration of their jury duty. Bereavement Leave Employees who have been employed by the District for at least thirty (30) days are entitled to five (5) days of bereavement leave in the event of the death of a “family member.” The District provides paid leave for the first twenty-four (24) hours, the employee may use sick leave, vacation, CTO for any additional bereavement leave. The employee who utilizes bereavement leave must notify their supervisor of the intent to use bereavement leave. ▇▇▇▇▇▇▇▇▇▇▇ leave must be taken within three months following the death of the family member.
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Payout Upon Separation. Employees will be paid for unused accrued vacation at the time of separation or termination of employment. The rate of vacation pay shall be the
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Payout Upon Separation. Vacation shall accumulate year to year and be paid out upon separation subject to a maximum payout of one year of accrued leave. Employees hired prior to 07-01-2024 will have the entire amount of accrued vacation paid out upon separation.
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Payout Upon Separation a. All vacation leave shall be paid to employees upon their separation from servi9ce. b. Employees with seven ( 7) or more years of continuous service who voluntarily separate from service, or who are laid off, shall be paid for all unused sick leave at a rate of one day’s pay for each day of sick leave in the employees balance.
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Payout Upon Separation. All banked time off shall be paid to an employee who separates from service according to the table below:
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Related to Payout Upon Separation

  • Payment Upon Separation An employee or an employee's estate, will be paid for: 1) the number of days of annual leave, not exceeding 50 days or 400 hours that were accrued at the end of the previous calendar year and that remain unused; and 2) the number of days of annual leave that accrued during the calendar year in which the employee’s State employment terminates and that remain unused upon termination of state service at the time that the employee receives his/her pay check for the final period of work or the next pay period.

  • Payment Upon Termination In the event that the City or Consultant terminates this Agreement pursuant to Section 8, the City shall compensate the Consultant for all outstanding costs and reimbursable expenses incurred for work satisfactorily completed as of the date of written notice of termination. Consultant shall maintain adequate logs and timesheets in order to verify costs incurred to that date. The City shall have no obligation to compensate Consultant for work not verified by logs or timesheets.

  • Refund or Payment upon Termination Upon any termination for cause by You, We shall refund You any prepaid fees covering the remainder of the term of all subscriptions after the effective date of termination. Upon any termination for cause by Us, You shall pay any unpaid fees covering the remainder of the term of all Order Forms after the effective date of termination. In no event shall any termination relieve You of the obligation to pay any fees payable to Us for the period prior to the effective date of termination.