Common use of Overdraws Clause in Contracts

Overdraws. Where an employee at the beginning of a fiscal year is overdrawn on sick leave, one-half (1/2) of the current year's entitlement (or the amount of the overdraw, whichever is the lesser), shall be applied against the overdrawn amount and the balance shall be available for use during the current year. If any of such balance remains to the employee's credit at the end of the year, it shall also be applied against any remaining overdrawn sick leave.

Overdraws. ‌ Where an employee at the beginning of a fiscal year is overdrawn on sick leave, one-half (1/2) of the current year's entitlement (or the amount of the overdraw, whichever is the lesser), shall be applied against the overdrawn amount and the balance shall be available for use during the current year. If any of such balance remains to the employee's credit at the end of the year, it shall also be applied against any remaining overdrawn sick leave.