Common use of General Procedure Clause in Contracts

General Procedure. As per Master Contract Article VIII, Section 3, any teacher may donate three (3) days to the bank at the rate of one (1) day each year for three years. When the accumulated days in the bank drop below two-hundred fifty (250) days, the teachers will be required to donate another day each. Failure to donate when requested will terminate the teacher's right to participate in the bank. Those who borrow from the bank shall continue to donate two (2) days a year until their donation is equal to the number they have personally drawn. They can voluntarily pay back more days if they desire. Upon leaving the West Noble School Corporation, the borrower must repay the Sick Leave Bank any accumulated sick days up to the number he/she has previously drawn if at the point of severance the borrower has any accumulation.

Appears in 9 contracts

Samples: Master Contract, Master Contract, Master Contract

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