Common use of Stocking the Bank Clause in Contracts

Stocking the Bank. a. To be eligible for the sick bank for the current school year, an employee must elect to donate a minimum of one (1) leave day to the bank by September 30. An employee with more than thirty (30) accumulated days may choose to donate more than the minimum, if desired, so long as his or her balance does not fall below thirty. An employee hired after September 1st shall have thirty (30) days after date of hire to make his or her election. b. An employee who resigns (see Article 7, Section A), may be eligible to donate half (1/2) of his or her accumulated leave time to the bank. c. The District will notify the Sick Bank Chair when the bank is at fifty (50) days. If the sick bank falls below thirty (30) days, employees may be asked to donate additional days to the bank at that time. Employees with thirty (30) or fewer days will not be eligible to donate at this time. d. The decision to donate days is irrevocable.

Stocking the Bank. a. To be eligible for the sick bank for the current school year, an employee must elect to donate a minimum of one two (12) leave day days to the bank by September 30. An employee with more than thirty (30) accumulated days may choose to donate more than the minimum, if desired, so long as his or her balance does not fall below thirty. An employee hired after September 1st shall have thirty (30) days after date of hire to make his or her election. b. An employee who resigns (see Article 7, Section A), may be eligible to donate half (1/2) of his or her accumulated leave time to the bank. c. The District will notify the Sick Bank Chair when the bank is at fifty (50) days. If the sick bank falls below thirty (30) days, employees may be asked to donate additional days to the bank at that time. Employees with thirty (30) or fewer days will not be eligible to donate at this time. d. The decision to donate days is irrevocable.