Purchase of Sick Days Sample Clauses

The "Purchase of Sick Days" clause allows employees to buy additional sick leave beyond their standard entitlement. Typically, this involves employees paying a set amount or having a portion of their salary deducted in exchange for extra sick days, which can be used if their regular sick leave is exhausted. This clause provides flexibility for employees who anticipate needing more time off due to illness, helping to address situations where standard sick leave may be insufficient and reducing the risk of unpaid absences.
Purchase of Sick Days. Association employees who have accumulated ninety (90) or more sick days on April 1 may sell back to the District ten (10) sick days at the rate of $30 per day. The days sold back will be subtracted from the employee’s total days. The employee will complete necessary paperwork and submit it to payroll in Human Resources by May 1st. Sick day compensation will be paid with longevity in the first regular pay of June of the same fiscal year.
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Purchase of Sick Days. Teachers who have more than seventy-five (75) accumulated sick days on April 1, 2007 will and thereafter on an annual basis may sell back to the District ten (10) sick days at the rate of $40 per day which will be subtracted from the employee’s total days. The employee will complete necessary paperwork on May 1st to payroll in Central Office. Sick day compensation will be paid with longevity in June of the same fiscal year.
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Related to Purchase of Sick Days

  • Purchase of Stock 2 Section 1.1

  • Purchase of Shares For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall, at its option, deliver to the Subscriber a certificate registered in the Subscriber’s name representing the shares (the “Original Certificate”), or effect such delivery in book-entry form.

  • NOTICE TO EMPLOYEES REGARDING THE SAFELY SURRENDERED BABY LAW The Contractor shall notify and provide to its employees, and shall require each subcontractor to notify and provide to its employees, a fact sheet regarding the Safely Surrendered Baby Law, its implementation in Los Angeles County, and where and how to safely surrender a baby. The fact sheet is set forth in Exhibit E of this Master Agreement and is also available on the Internet at ▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇ for printing purposes.

  • Purchase of Firm Units On the basis of the representations and warranties contained herein, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters, severally and not jointly, and the Underwriters agree to purchase from the Company, severally and not jointly, an aggregate of 10,000,000 units (the “Firm Units”) of the Company, as set forth opposite the respective names of the Underwriters on Schedule A hereto, at a purchase price (net of discounts and commissions and the Deferred Underwriting Commission described in Section 1.3 below) of $9.45

  • PURCHASE OF RELEASE The Parties agree that the Recipient: (check one)