Deferred Sample Clauses
A "Deferred" clause establishes that certain actions, obligations, or payments are postponed to a later date or upon the occurrence of a specified event. In practice, this might mean that payment for goods is not due until delivery is completed, or that a party’s performance is delayed until certain conditions are met. The core function of this clause is to provide flexibility in timing, allowing parties to manage cash flow, resources, or contingencies by deferring responsibilities until a more appropriate or agreed-upon time.
Deferred. The manner in which the deferred salary is held shall be at the discretion of the Hospital. The employee will be made aware, in advance of having to sign any formal agreement, of the manner of holding such deferred salary. Interest which is accumulated during each year of the deferral period shall be paid out to the employee in accordance with Part of the Income Tax Section
Deferred. The manner in which the deferred salary is held shall be at the discretion of the Hospital. All deferred salary, plus interest, if any, shall be paid to the nurse at the commencement of the leave or in accordance with such other payment schedule as be agreed upon between the Hospital and the nurse. Health & Welfare Benefits All benefits shall be kept whole during the four (4) years of salary deferral. Nurses will be allowed to participate in health and welfare benefit plans during the year of the leave, but the full cost of such plans will be borne by the nurse. Contributions to the Hospitals of Ontario Pension Plan will be in accordance with the Plan. Notwithstanding the above, nurses will not be eligible to participate in the disability income plan during the year of the plan.
Deferred. The manner in which the deferred salary is held shall be at the discretion of the Hospital. The employee will be made aware, in advance of having to sign any formal agreement, of the manner of holding such deferred salary. Interest which is accumulated during each year of the deferral period shall be paid out to the employee in accordance with Part of the Income Tax Section Employees will be allowed to participate in health and welfare benefits plans during the year of the leave, but the full cost of such plans will be borne by the employees. Contributions to the Hospitals of Ontario Pension Plan will be in accordance with the Plan. Notwithstanding the above, employees will not be eligible to participate in the disability income plan during the year of the leave. and Service Full-Time During the year of the leave, seniority shall continue to accumulate. Service for the purposes of vacation and salary progression and other benefits will be retained but will not accumulate during the period of the leave. On return from leave, a participant will be assigned to his former position unless it is no longer available. In such a case the employee will be given a comparable job, if possible, or the layoff provisions will be applied.
Deferred. The manner i n which the deferred salary i s held shall be at the discretion of the Hospital. The employee w i l l be made aware, i n advance of having to sign an formal agreement, of the manner of holding such deferred sa Interest which i s accumulated during each year of the deferral period shall be paid out t o the employee i n accordance with Part of the Income Tax section
Deferred. The manner, in which the deferred salary is held, shall be at the discretion of the Association. The employee will be made aware in advance of having to sign any agreement, of the of holding such deferred salary. Interest, which is accumulated during each year the deferral period, shall be paid out to the employee in accordance with Part of the Income Tax Regulations, Section
Deferred. The manner in which the deferred salary is held shall be at the discretion of the Hospital. The employee will be made aware, in advance of having to sign any formal agreement, of the manner of holding such deferred salary. Interest which is accumulated during each year of the deferral period shall be paid out to the employee in accordance with Part of the Income Tax Section All benefits be kept whole during the deferral period of the pian. Full-Time Employees will be allowed to participate in health and welfare benefits plans during the year of the leave, but the full cost of such plans will be by the employees. Contributions to the Hospitals of Ontario Pension Plan will be in accordance with the Plan. Notwithstanding the above, employees will not be eligible to participate in the income plan during the year of the leave. and Service Full-Time During the year of the leave, seniority shall continue to accumulate. Service for the purposes of vacation and salary progression and other benefits will be retained but will not accumulate during the period of the leave. On return from leave! a participant will be assigned to his former position unless it is no longer available. In such a case the employee will be given a comparable job, if possible. or the layoff provisions will be A participant may withdraw from the plan at any time up to a date three (3) months prior to the commencement of the leave. Deferred salary, and accrued interest will be returned to the participant within a reasonable period of time. If a participant resigns, or is terminated, prior to the commencement of the leave, deferred salary plus interest will be returned to the participant within a reasonable period of time. In the event of the death of a participant, such funds will be paid to the participant's estate.
Deferred. An amount that is considered to be deferred within the meaning of Treasury Regulations sections 1.409A-6(a)(2) and 1.409A-6(a)(3).
Deferred. The manner in which the deferred salary is held shall be at the discretion of the Hospital. The employee be made aware, in advance of having to sign any formal agreement, of the manner of holding such deferred salary. Interest which is accumulated during each year of the deferral period shall be paid out to the employee in accordance with Part of the Income Section Health and Welfare Benefits All benefits shall be kept whole during the deferral period of the plan. Full-Time Only Employees will be allowed to participate in health and welfare benefits plans during the year of the leave, but the full cost of such plans will be borne by the employees. Contributions to the Hospitals of Ontario Pension Plan will be in accordance with the Plan. Notwithstanding the above, employees will not be eligible to participate in the disability income plan during the year of the leave. and Service Full-Time Only During the year of the leave, seniority shall continue to accumulate. Service for the purposes of vacation and salary progression and other benefits will be retained but will not accumulate during the period of the leave. On return from leave, a participant will be assigned to his farmer position unless it is no longer available, In such a case the employee will be given a comparable job, ifpossible, or the layoff provisions will be applied.
Deferred. The manner in which the deferred salary is held shall be at the
Deferred. The manner which the deferred salary is held shall be at the discretion of the Hospital.