Common use of Unused PTO Clause in Contracts

Unused PTO. The Company will pay Employee $________ less all applicable withholding, for earned but unused PTO. This payment will be made at the same time as the first normal payroll period following the Effective Date.

Appears in 1 contract

Sources: Retirement and Continued Vesting Agreement (EnerSys)

Unused PTO. The Company will pay Employee $________ less all applicable withholding, for any earned but unused PTOPTO (less applicable withholding). This payment will be made at the same time as the first normal payroll period following the Effective Date.

Appears in 1 contract

Sources: Retirement and Continued Vesting Agreement (EnerSys)