Common use of Review Process and Termination of Bank Clause in Contracts

Review Process and Termination of Bank. At the end of two years, the parties will meet to review the experience 28 history of the Catastrophic Leave Bank and determine the feasibility of 29 the continuing the program. If it is determined to discontinue the 30 program, all remaining sick leave days in the Bank will be distributed 31 equitably to the then current members of the Bank.

Review Process and Termination of Bank. 12 (1) At the end of two years, the parties will meet to review the experience 28 history 13 of the Catastrophic Leave Bank and determine the feasibility of 29 the continuing the 14 program. If it is determined to discontinue the 30 program, all remaining sick 15 leave days in the Bank will be distributed 31 equitably to the then current 16 members of the Bank. 17 (2) If the Sick Leave Bank is terminated for any reason, the days remaining in the 18 Bank shall be equitably distributed to the then current members of the Bank.

Review Process and Termination of Bank. 12 (1) At the end of two years, the parties will meet to review the experience 28 history 13 of the Catastrophic Leave Bank and determine the feasibility of 29 the continuing 14 the program. If it is determined to discontinue the 30 program, all remaining sick 15 leave days in the Bank will be distributed 31 equitably to the then current 16 members of the Bank. 17 (2) If the Sick Leave Bank is terminated for any reason, the days remaining in the 18 Bank shall be equitably distributed to the then current members of the Bank.