Contributed Days Clause Samples

The "Contributed Days" clause defines the allocation and recognition of days contributed by one party, typically in the context of leave, work schedules, or project timelines. This clause specifies how contributed days are calculated, recorded, and applied, such as allowing employees to donate unused leave to a shared pool or enabling team members to support each other's time-off needs. Its core function is to provide a clear framework for managing and tracking contributed days, ensuring fairness and transparency in their use and preventing misunderstandings about entitlements or obligations.
Contributed Days. Days contributed or assessed become part of the bank and no longer count toward the individual member's current or accumulated leave.

Related to Contributed Days

  • Contributed Property In accordance with Code Section 704(c) and the Treasury Regulations thereunder, income, gain, loss and deduction with respect to any property contributed to the capital of the Company shall, solely for tax purposes, be allocated among the Members so as to take account of any variation between the adjusted basis of such property to the Company for federal income tax purposes and its initial Gross Asset Value.

  • Initial Contribution The member agrees to make an initial contribution to the Company of $ .