Common use of How Accumulated Clause in Contracts

How Accumulated. (a) A credit of the number of hours equivalent to three (3) duty shifts per annum shall be given for each year of service or for part of a year a credit of hours equivalent to one (1) day for each four (4) months of service, which may be accumulated to a maximum number of hours equivalent to 120 duty shifts. (b) For the period from 1995 January 01 to and including 1995 December 31, instead of being entitled to the benefits and subject to the conditions contained in Subsection (1)(a) of Article 6.9, each employee shall be credited with the number of hours equivalent to one (1) working day for each four (4) months. In addition, any employee who is not absent on sick leave at all during 1995, shall be entitled to the number of hours equivalent to one (1) additional day's credit, thereby making a total of the number of hours equivalent to four (4) working days' credit for each year in the event an employee is not absent on sick leave during the year. Commencing at 11:59 p.m. on 1995 December 31 the employees shall again be bound by the provisions of Subsection (1)(a) of Article 6.9 unless on or before 1996 March 31 the Corporation and the Union agree in writing to reinstitute the provisions of Article 6.9(1)(b) herein for a further period.

How Accumulated. (a) A credit of the number of hours equivalent to three (3) duty shifts per annum shall be given for each year of service or for part of a year a credit of hours equivalent to one (1) day for each four (4) months of service, which may be accumulated to a maximum number of hours equivalent to 120 one hundred twenty (120) duty shifts. (b) For the period from 1995 January 01 to and including 1995 December 31, instead of being entitled to the benefits and subject to the conditions contained in Subsection (1)(a) of Article 6.9, each employee shall be credited with the number of hours equivalent to one (1) working day for each four (4) months. In addition, any employee who is not absent on sick leave at all during 1995, shall be entitled to the number of hours equivalent to one (1) additional day's credit, thereby making a total of the number of hours equivalent to four (4) working days' credit for each year in the event an employee is not absent on sick leave during the year. Commencing at 11:59 p.m. on 1995 December 31 the employees shall again be bound by the provisions of Subsection (1)(a) of Article 6.9 unless on or before 1996 March 31 the Corporation and the Union agree in writing to reinstitute the provisions of Article 6.9(1)(b) herein for a further period.