Ann: Resignation of Chief Financial Officer, page-4

not true in NSW - acc to this:

http://www.industrialrelations.nsw.gov.au/oirwww/Employment_info/Leave/Long_service_leave.page

Long service leave

Long service leave applies to most NSW employees who are full-time, part-time or casuals.
If you have been working for the same employer for 10 years you are entitled to 2 months (8.67 weeks) paid leave, to be paid at your ordinary gross weekly wage under the NSW Long Service Leave Act 1955 (the Act).
To calculate the entitlement of a worker try our Long service leave calculator.
The Act also provides for a pro-rata entitlement after five years, if the employee resigns as a result of:

• illness,
• incapacity or
• domestic or other pressing necessity.

If an employee resigns for one of the above reasons they need to advise the employer in writing at the time of giving notice.
The Act also provides for a pro-rata entitlement after five years, if an employee’s services have been terminated by the employer for any reason other than serious and wilful misconduct, or if the employee dies.