Common use of Accrual Cap Clause in Contracts

Accrual Cap. An employee may accumulate annual leave credits up to a maximum of 500 hours of annual leave. Accrual shall cease until the annual leave balance falls below the 500 hour annual leave cap.

Appears in 3 contracts

Samples: Memorandum of Agreement, Memorandum of Agreement, Memorandum of Agreement

AutoNDA by SimpleDocs

Accrual Cap. An employee may accumulate annual leave credits up to a maximum of 500 550 hours of annual leave. Accrual shall cease until the annual leave balance falls below the 500 hour annual leave cap.

Appears in 1 contract

Samples: Memorandum of Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!