Accumulation and Cashing Out Sample Clauses

Accumulation and Cashing Out. Up to three (3) unused personal days may be carried over to the 62 next year. Carry over will occur automatically. 63 After the rollover of personal days, the remaining personal days will be automatically cashed out. If 64 a teacher wishes to do something different with their personal leave balance, they must notify the 65 district office no later than June 30th. Cashed out personal days will be paid to the employees at the 66 end of each fiscal year at the current substitute rate. The maximum balance for personal leave is six 67 (6) days in any given year. 68 In addition to the individual allocation, a pool of ten (10) days of additional personal leave will be 69 available to the bargaining unit, to be distributed to individual bargaining unit employees, for 70 emergency absence from work which requires more days than the individual employee’s leave will 71 cover. The District will grant this leave on a first-come-first-serve basis to employees who would 72 qualify for emergency leave under section 6.2 and have already exhausted other paid leaves. Such 73 leave will be limited to no more than two (2) days provided to any one employee in a contract year.
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Accumulation and Cashing Out. Up to three (3) unused personal days may be carried over to 50 the next year. Carry over will occur automatically. 51 After the rollover of personal days, the remaining personal days will be automatically cashed out.
Sample 1
Accumulation and Cashing Out. Up to two (2) unused personal days may be carried over to the 50 next year. The notification of carry over shall be submitted to the District office by the employee 51 no later than June 30th. A maximum of three (3) unused personal days may be cashed out and will 52 be automatically paid to the employees at the end of each fiscal year at the current substitute rate.
Sample 1
Accumulation and Cashing Out. Up to two (2) unused personal days may be carried over to the next
Sample 1

Related to Accumulation and Cashing Out

  • XXXXX CASH 21 CONTRACTOR is authorized to establish a xxxxx cash fund in an amount not 22 to exceed two hundred and fifty dollars ($250.00).

  • Cash and Cash Equivalents As of any date of determination, the sum of (a) the aggregate amount of unrestricted cash then actually held by the Borrower or any of its Subsidiaries, (b) the aggregate amount of unrestricted cash equivalents (valued at fair market value) then held by the Borrower or any of its Subsidiaries and (c) the aggregate amount of cash then actually held by the Borrower or any of its Subsidiaries in the form of tenant security deposits, but only to the extent such tenant security deposits are included as a liability on the Borrower’s Consolidated balance sheet, escrows and reserves. As used in this definition, (i) “unrestricted” means the specified asset is not subject to any Liens in favor of any Person, and (ii) “cash equivalents” means that such asset has a liquid, par value in cash and is convertible to cash on demand. Notwithstanding anything contained herein to the contrary, the term Cash and Cash Equivalents shall not include the Loan. CERCLA. See §7.18.

  • Health Spending Account contributions by the Executive will cease on the Effective Date. The Executive may submit claims against the balance accrued to the Effective Date, until the end of the calendar year in which the Effective Date occurs.

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