Common use of Operation of the Bank Clause in Contracts

Operation of the Bank. 11.2.1 The Catastrophic Leave Bank shall accumulate Sick Days via the contributions of its Participants and of the District and shall dispense Sick Days in the manner and amount determined by the Committee to Participants who experience catastrophic illness, disease, or injury. 11.2.2 Enrollment; Annual Contributions by Participants: Eligible District employees may enroll in the CLB between July 1 and September 30, inclusive, of each year (the "Enrollment Period"). Annual Contributions as described in Section 11.2.2.1 herein shall be made during the Enrollment Period each year. 11.2.2.1 Each Participant shall contribute one (1) Sick Day from his personal sick leave account (as defined in Article X, Section 10.1 et seq. of this Agreement) to the Bank each school year the "Annual Contribution"), which shall be deemed to equate to the minimum required by Education Code Section 44043.5. Annual Contributions will be authorized on an enrollment form drawn up for that purpose and signed by the contributing Participant. Upon initial authorization by a Participant, Annual Contributions will continue to be transferred each contract year from the Participant's personal account to the Bank until such time as the Participant leaves the employ of the District or notifies the Bank in writing of his intent to terminate participation. Failure of a Participant to contribute Sick Days as required hereunder (except as excused under Section 11.2.7.2 herein) shall result in automatic termination of his Participant status. 11.2.2.2 The District shall inform eligible newly hired employees and employees returning from leave of the CLB program and shall furnish them enrollment forms. Eligible new employees hired outside of the Enrollment Period and eligible employees returning from leave which included the Enrollment Period may enroll in the CLB within thirty (30) calendar days of beginning or returning to work. 11.2.2.3 An eligible District employee who elects not to enroll in the CLB upon first becoming eligible, and then subsequently enrolls in the CLB, shall not be permitted to petition the Committee for a grant of Sick Days for at least thirty (30) calendar days after his date of enrollment. 11.2.2.4 All contributions and withdrawals of Sick Days to and from the CLB by Participants shall be made without regard to individual position or rate of pay.