Common use of ASSOCIATION BUSINESS LEAVE BANK Clause in Contracts

ASSOCIATION BUSINESS LEAVE BANK. Effective with the first full pay period in January of each year through the duration of this Memorandum of Understanding, employees represented by the Association shall have two hours deducted from their accrued floating holiday leave balance and deposited in the Association Business Leave Bank. Once deposited, such hours are non- refundable and shall be converted to the recipient employee’s hourly value on a dollar-for-dollar basis when utilized. Any hours remaining at the time of the next annual deduction shall not be carried over but deposited into the Sheriff’s Office Catastrophic Leave pool.

ASSOCIATION BUSINESS LEAVE BANK. Effective with the first full pay period in January of each year through the duration of this Memorandum of UnderstandingMOU, employees represented by the Association shall have two (2) hours deducted from their accrued floating holiday leave balance and deposited in the Association Business Leave Bank. Once deposited, such hours are non- refundable and shall be converted to the recipient employee’s hourly value on a dollar-for-dollar basis when utilized. Any hours remaining at the time of the next annual deduction shall not be carried over but deposited into the Sheriff’s Office Catastrophic Leave pool.the