Common use of Xxxx Leave Bank Clause in Contracts

Xxxx Leave Bank. 1. Employees who have completed one or more years of service to the School District shall be eligible to participate in a sick leave bank. Each eligible employee who elects to participate in the sick leave bank shall donate one day from the 15 sick leave days credited each year until the sick leave bank accumulates 150 days. If at any time thereafter the sick leave bank reaches a level of 50 days, then every teacher who has elected to participate in the sick leave bank shall donate one sick leave day to the bank. Unused sick leave days in the bank at the close of the school year will carry over into the next year. Any teacher who wishes to rescind a prior election to participate in the sick leave bank may do so by submitting a letter to the Superintendent or his/her designee wherein the teacher specifies that he/she no longer shall participate in the sick leave bank.

Appears in 2 contracts

Samples: Agreement, Agreement

AutoNDA by SimpleDocs

Xxxx Leave Bank. 1. Employees who have completed one or more years of service to the School District shall be eligible to participate in a sick leave bank. Each eligible employee who elects to participate in the sick leave bank shall donate one day from the 15 fifteen (15) sick leave days credited each year until the sick leave bank accumulates 150 days. If at any time thereafter the sick leave bank reaches a level of 50 fifty (50) days, then every teacher who has elected to participate in the sick leave bank shall donate one sick leave day to the bank. Unused sick leave days in the bank at the close of the school year will carry over into the next year. Any teacher who wishes to rescind a prior election to participate in the sick leave bank may do so by submitting a letter to the Superintendent or his/her designee wherein the teacher specifies that he/she no longer shall participate in the sick leave bank.

Appears in 1 contract

Samples: Agreement

AutoNDA by SimpleDocs

Xxxx Leave Bank. 1. Employees who have completed one or more years of service to the School District shall be eligible to participate in a sick leave bank. Each eligible employee who elects to participate in the sick leave bank shall donate one day from the 15 sick leave days credited each year until the sick leave bank accumulates 150 days. If at any time anytime thereafter the sick leave bank reaches a level of 50 days, then every teacher who has elected to participate in the sick leave bank shall donate one sick leave day to the bank. Unused sick leave days in the bank at the close of the school year will carry over into the next year. Any teacher who wishes to rescind a prior election to participate in the sick leave bank may do so by submitting a letter to the Superintendent or his/her designee wherein the teacher specifies that he/she no longer shall participate in the sick leave bank.

Appears in 1 contract

Samples: Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.