A contribution Sample Clauses
The "A contribution" clause defines the terms under which one party provides resources, funds, or assets to another party within the context of an agreement. Typically, this clause outlines the nature and amount of the contribution, the timing and method of delivery, and any conditions or restrictions attached to the contribution. For example, it may specify that a partner will contribute a certain sum of money or specific equipment to a joint venture. The core function of this clause is to clearly allocate responsibilities and expectations regarding contributions, thereby preventing disputes and ensuring that all parties understand their obligations.
A contribution. Since their insurance begins September 1, the District will contribute only the prorated share of the contribution totaling $700 ($2100*4 months/12 months for full family and employee plus one) or $350 ($1050 *4 months /12 months for single). If a current member has a life changing event that opens up enrollment, the same would apply as the contribution would be prorated based on the amount of calendar months left. In addition, if a member separates service from the District and the District has prepaid the deductible, it is understood that the member owes the District back the prorated share of the prepaid deductible based on months of service during the calendar year. This is deducted from the last check to the member. R: 13,15 All LEA members, regardless if they choose Pak A or Pak B and who are employed at least 50% will be provided $15,000 of group term life insurance. N: 04