Common use of Deferred Clause in Contracts

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, manner in which the deferred salary is held, held shall be at the discretion of the AssociationEmployer. The employee will be made aware aware, in advance of having to sign any formal agreement, of the of holding such deferred salary. Interest, manner Interest which is accumulated during each year of the deferral period, period shall be paid out to the employee in accordance with Part of the Income Tax Regulations, Section