Common use of Use of Credits Clause in Contracts

Use of Credits. ▇▇▇▇ leave credits accumulated under the former sick leave plan shall be frozen as of June Employees who have earned such credits shall use their credits to supplement of a day's accumulated credit to each day of absence, thereby receiving pay to the extent of accumulated credits or calendar days, whichever is the lesser. Credits may not be used while on the long term disability program but will be retained for future use on return to work. All sick leave credits are cancelled upon termination of employment. For the purposes of the above clauses, a year is defined as the twelve (12) month period from July to June

Use of Credits. ▇▇▇▇ leave credits accumulated under the former sick leave plan shall be frozen as of June 30, 1987. Employees who have earned such credits shall use their credits to supplement 33 113% of a day's ’s accumulated credit to each day of absence, thereby receiving 100% pay to the extent of accumulated credits or 160 calendar days, whichever is the lesser. Credits may not be used while on the long term disability program but will be retained for future use on return to work. All sick leave credits are cancelled upon termination of employment. For the purposes of the above clauses, a year is defined as the twelve (12) month period from July 1 to JuneJune 30.