Attendance year definition
Attendance year means the period from the 1st day of January in a year to and including the 31st day of December in the same year; and
Attendance year means the period from the day of January in a year to and including the day of December in the same year; and “unused attendance credits” means attendance credits to which an employee is entitled for the attendance year less any attendance credits used during that attendance year. Within four (4) weeks after the close of an attendance year an employee shall: elect to have all unused attendance credits for the attendance year added to total of accumulated attendance credits; or if has not elected under clause (a), be paid a bonus of; one-fifth of unused attendance credits for that attendance year, where the employee has completed at least one but less than ten (10) years of service, one-quarter of unused attendance credits for that attendance year, where the employee has completed ten or more years of service and has accumulated less than two hundred and sixty (260) days of attendance credits, one-third of unused attendance credits for that attendance year, where the employee has completed ten (10) or more years of service and has two hundred and sixty (260) or more days of accumulated attendance credits, and the employee’s attendance credits for that attendance year shall be reduced by the amount of attendance credits for which was paid the bonus. The bonus referred to in Article shall be;