Common use of Annual Clause in Contracts

Annual. 1. The sick leave year for conversion purposes begins on the day immediately following the last payroll period in November and extends through the last payroll period in November of the following year. 2. For conversion purposes, a teacher’s annual sick leave allotment will be treated as if the total number of sick leave days given for the year were divided by the total months of employment during a year and subsequently credited monthly. The posting of the full allotment of sick leave days on September 1st has no affect on this process. 3. For every four days of sick leave accumulated during the sick leave year, an employee may convert one (1) day to cash, at his rate of pay at the time of conversion, and retain the remaining three (3) days in his sick leave account. A maximum of three (3) days of sick leave may be converted to cash. An employee’s days of personal business leave which, unused, have been accumulated as sick leave is not subject to annual sick leave conversion. 4. An employee may convert to cash either all or none of the days to which he is entitled. Conversion of only some of the days to which an employee is entitled is not allowed. 5. Payment for sick leave conversion will not be included in the employee’s regular salary check, but will be made by a separate check. These checks will be issued no later than December 24 each year, and will include the usual deduction for taxes and Social Security.

Annual. 1. The sick leave year for conversion purposes begins on the day immediately following the last payroll period in November and extends through the last payroll period in November of the following year. 2. For conversion purposes, a teacher’s annual sick leave allotment will be treated as if the total number of sick leave days given for the year were divided by the total months of employment during a year and subsequently credited monthly. The posting of the full allotment of sick leave days on September 1st has no affect on this process. 3. For every four days of sick leave accumulated during the sick leave year, an employee may convert one (1) day to cash, at his rate of pay at the time of conversion, and retain the remaining three (3) days in his sick leave account. A maximum of three (3) days of sick leave may be converted to cash. An employee’s days of personal business leave which, unused, have been accumulated as sick leave is not subject to annual sick leave conversion. 4. An employee may convert to cash either all or none of the days to which he is entitled. Conversion of only some of the days to which an employee is entitled is not allowed. 5. Payment for sick leave conversion will not be included in the employee’s regular salary check, but will be made by a separate check. These checks will be issued no later than December 24 each year, and will include the usual deduction for taxes and Social Security. 6. Sick leave conversion will not be paid during the 2003-2004 contract year only.

Annual. 1. The sick leave year for conversion purposes begins on the day immediately following the last payroll period in November and extends through the last payroll period in November of the following year. 2. For conversion purposes, a teacher’s annual sick leave allotment will be treated as if the total number of sick leave days given for the year were divided by the total months of employment during a year and subsequently credited monthly. The posting of the full allotment of sick leave days on September 1st has no affect effect on this process. 3. For every four days of sick leave accumulated during the sick leave year, an employee may convert one (1) day to cash, at his rate of pay at the time of conversion, and retain the remaining three (3) days in his sick leave account. A maximum of three (3) days of sick leave may be converted to cash. An employee’s days of personal business leave which, unused, have been accumulated as sick leave is not subject to annual sick leave conversion. 4. An employee may convert to cash either all or none of the days to which he is entitled. Conversion of only some of the days to which an employee is entitled is not allowed. 5. Payment for sick leave conversion will not be included in the employee’s regular salary check, but will be made by a separate check. These checks will be issued no later than December 24 each year, and will include the usual deduction for taxes and Social Security.

Annual. 1. The sick leave year for conversion purposes begins on the day immediately following the last payroll period in November and extends through the last payroll period in November of the following year. 2. For conversion purposes, a teacher’s annual sick leave allotment will be treated as if the total number of sick leave days given for the year were divided by the total months of employment during a year and subsequently credited monthly. The posting of the full allotment of sick leave days on September 1st has no affect effect on this process. 3. For every four days of sick leave accumulated during the sick leave year, an employee may convert one (1) day to cash, at his their rate of pay at the time of conversion, and retain the remaining three (3) days in his their sick leave account. A maximum of three (3) days of sick leave may be converted to cash. An employee’s days of personal business leave which, unused, have been accumulated as sick leave is not subject to annual sick leave conversion. 4. An employee may convert to cash either all or none of the days to which he is entitled. Conversion of only some of the days to which an employee is entitled is not allowed. 5. Payment for sick leave conversion will not be included in the employee’s regular salary check, but will be made by a separate check. These checks will be issued no later than December 24 each year, and will include the usual deduction for taxes and Social Security.