Certification Fund Sample Clauses
The Certification Fund clause establishes a dedicated pool of money set aside to cover the costs associated with obtaining, maintaining, or renewing required certifications for a project or service. Typically, this fund is managed by one party, who is responsible for ensuring that sufficient resources are available to pay for certification fees, audits, or related expenses. By clearly allocating financial responsibility for certification requirements, this clause helps prevent disputes over payment and ensures that necessary certifications are maintained without interruption.
Certification Fund. Each July, there shall be a fund for the sole purpose of reimbursing full-time negotiations unit members, part-time negotiations unit members and per diem negotiations unit members who have worked a minimum of 600 hours in the preceding twelve (12) months, for the costs of tuition and materials associated with obtaining and/or the maintaining a certification which is required by the State and/or Hospital in the employee’s specialty area. The Hospital will pay the costs for the exams required for the eligible certifications listed below. The amount of this fund shall not exceed $60,000 per fiscal year. The certifications eligible for reimbursement hereunder are as follows: BLS ACLS PALS NALS – NRP TNCC This list may be amended as agreed upon by the parties, or based upon State mandates. To be eligible for reimbursement hereunder, the negotiations unit member must provide evidence of successful completion of the course attended (i.e., passing grade). The amount of reimbursement shall be determined by, and is expressly conditioned upon, the submission of a valid receipt or receipts by the unit member evincing full payment of the course. If this fund is exhausted prior to June 30, no further reimbursement shall be available hereunder. If there are assets remaining in the fund on June 30, such assets shall revert to the Hospital. On an annual basis, the Hospital shall make a report of the utilization of the fund available to the Union.
Certification Fund. The University will pay the costs for the exams, including the costs of tuition and materials associated, required for the eligible certifications listed below, provided that such certification is required by the State and/or Rutgers University for that employee’s position. The certifications eligible for reimbursement hereunder are as follows: BLS ACLS PALS NALS – NRP OCN This list may be amended as agreed upon by the parties or based upon State mandates. Notwithstanding the above, an employee will not be reimbursed for exam costs where the exam is offered by the employee's operating unit at no cost to the employee. To be eligible for reimbursement hereunder, the bargaining unit member must be a full time employee or worked a minimum of 600 hours in the preceding twelve
Certification Fund. The University will pay the costs for the exams, including the costs of tuition and materials associated, required for the eligible certifications listed below, provided that such certification is required by the State and/or Rutgers University for that employee’s position. The certifications eligible for reimbursement hereunder are as follows: ∗ BLS ∗ ACLS ∗ PALS ∗ NALS – NRP ∗ OCN This list may be amended as agreed upon by the parties or based upon State mandates. Notwithstanding the above, an employee will not be reimbursed for exam costs where the exam is offered by the employee's operating unit at no cost to the employee. To be eligible for reimbursement hereunder, the bargaining unit member must be a full time employee or worked a minimum of 600 hours in the preceding twelve (12) months, and must provide evidence of successful completion of the course attended (i.e., passing grade). The amount of reimbursement shall be determined by, and is expressly conditioned upon, the submission of a valid receipt or receipts by the unit member evincing full payment of the course.