Minimum Accumulation Clause Samples
The Minimum Accumulation clause sets a required threshold that must be met before certain actions or benefits are triggered under an agreement. Typically, this means that a specified minimum amount—such as funds, units, or resources—must be collected or accrued before a party is obligated to perform, deliver, or pay. For example, in a financial context, a minimum accumulation might require that a certain investment balance is reached before interest is credited or distributions are made. This clause ensures that administrative or operational processes are only initiated when it is efficient or economically viable, thereby preventing unnecessary costs or actions for small or insignificant amounts.
Minimum Accumulation. An employee who has an accrued sick leave balance of more than twenty-two (22) days may donate such leave.
Minimum Accumulation. Bargaining unit members who have accumulated more than 34 twenty-two (22) sick leave days may request that the Superintendent/designee transfer a 35 specified amount of sick leave to another staff member authorized to receive such leave. 36 In no event may such an employee request a transfer that would result in his or her sick 37 leave account going below the twenty-two (22) days.
Minimum Accumulation. An employee who has an accrued vacation leave balance of 20 more than ten (10) days may donate such leave.
Minimum Accumulation. An employee who has an accrued leave balance of more than 29 twenty-two (22) days may donate leave.