Common use of Contribution Requirements Clause in Contracts

Contribution Requirements. The leave days donated to the Bank shall be cumulative from year to year. However, once the Bank accumulates two thousand (2000) hours, contributions shall cease, except for new hires, until the Bank goes below five hundred (500) hours at which time contributions shall resume as stated in 404.1, with the first six (6) hour contribution coming within thirty (30) calendar days.

Appears in 4 contracts

Samples: Negotiated Agreement, Collective Bargaining Agreement, Negotiated Agreement

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Contribution Requirements. The leave days donated to the Bank shall be cumulative from year to year. However, once the Bank accumulates two thousand (2000) hours, contributions shall cease, except for new hires, until the Bank goes below five hundred (500) hours at which time contributions shall resume as stated in 404.1404(a), with the first six (6) hour contribution coming within thirty (30) calendar days.

Appears in 1 contract

Samples: Negotiated Agreement

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