Common use of Creation and Purpose Clause in Contracts

Creation and Purpose. 1) The Association and the District agree to create a Catastrophic Leave Bank (“Bank”) effective January 1, 1997. 2) The Bank will permit employees of the District to donate eligible leave credits to an employee when that employee or a member of his/her family suffers a catastrophic illness or injury. 3) “Catastrophic illness or injury” is defined as an illness or injury that is expected to incapacitate the employee for an extended period of time or that incapacitates a member of the employee’s family which incapacity requires the employee to take time off from work for an extended period of time to care for that family member and taking extended time off work creates a financial hardship for the employee because he/she has exhausted all his/her sick leave, and other paid time off, excluding differential leave. 4) “Employee’s family” is defined as husband, wife, son, or daughter of the employee or stepchildren of the employee. 5) Days in the Bank shall accumulate from year to year. 6) Days shall be contributed to the Bank and withdrawn from the Bank without regard to the daily rate of pay of the Bank participant. 7) The Bank shall be administered by a Joint Committee (“Committee”) of two members appointed by the Association President and two members appointed by the District.

Appears in 4 contracts

Samples: Contract Agreement, Contract Agreement, Contract Agreement

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