In the event of termination with the Village for any reason, except for disciplinary discharge, each Village employee who is entitled to a vacation shall be paid on a lump sum basis for the balance of his or her entitled but unused vacation time for the calendar year in which the employee retires. In the event of the death of the employee, the foregoing lump sum payment shall be paid to his or her lawfully designated beneficiary or his or her estate.
(Ord. 1993-37. Passed 3-10-93; Ord. 2017-83. Passed 12-13-17.)