Unused Balance Sample Clauses

Unused Balance. If all of the 125 days are not used in any one year, the amount equal to the unused days times 75% of the average daily rate will be carried over to the following year and added to the Board allocation of 125 days. No more than 125 days may be carried over from one year to the next. If more than 125 days are available at the end of the year, the amount equal to the unused days times 75% of the average daily rate will be transferred for TRC supplies for the following year. If an employee has more than 70 days of unused emergency leave as of June 30 of the current year and has a contract for the coming year, he/she may forfeit up to 15 days of the unused emergency leave days to be donated to the Illness and Disability Bank in lieu of being paid for these days under Section E. If the number of days in the Illness and Disability Bank reach the maximum, the employee will be notified and given the option of selling the days, keeping them or (if applicable) forfeiting them.
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Unused Balance. (a) The Township does not offer refunds on unused balances.
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