Common use of Education Assistance Program Clause in Contracts

Education Assistance Program. The Company is committed to providing opportunities for employees to improve present job performance and to prepare for reasonable attainable jobs within the Company. A. The Company will refund qualified tuition expense in connection with courses of study from an accredited or state approved post-secondary education institute, trade school or part of an appropriate qualified professional certification provided by a third party vendor that an employee successfully completes, provided that the course of study is related to the employee’s current job or other reasonably attainable Company position. B. Qualified reimbursable expenses include: tuition, registration fees, examination fees, and laboratory charges provided the employee obtains a satisfactory (C or better/pass) grade. Student fees, transportation, late fees, drop/add fees and other expenses are not covered. C. The refund shall be for one hundred percent (100%) of the first class taken each year and eighty (80%) of total costs, up to a yearly limit per employee of five thousand two hundred and fifty dollars ($5,250.00). D. In order to obtain tuition reimbursement, the employee must obtain prior written approval from their Director and the Director, Workforce Operations, Human Resources department, that the proposed course is qualified under (A) above, and provide documentation of successful completion and tuition expenses paid. E. The employee is required to sign the Request for Education Assistance to repay the Company in the event of voluntary termination, within three hundred sixty (360) calendar days after completion of the course as follows: < 3 months 100% 3 < 6 months 75% 6 < 9 months 50% 9 < 12 months 25% 12 + months 0%

Education Assistance Program. The Company is committed to providing opportunities for employees to improve present job performance and to prepare for reasonable attainable jobs within the Company. A. The Company will refund qualified tuition expense in connection with courses of study from an accredited or state approved post-secondary education institute, trade school or part of an appropriate qualified professional certification provided by a third party vendor that an employee successfully completes, provided that the course of study is related to the employee’s current job or other reasonably attainable Company position. B. Qualified reimbursable expenses include: tuition, registration fees, examination fees, and laboratory charges provided the employee obtains a satisfactory (C or better/pass) grade. Student fees, transportation, late fees, drop/add fees and other expenses are not covered. C. The refund shall be for one hundred percent (100%) of the first class taken each year and eighty (80%) of total costs, up to a yearly limit per employee of five thousand two hundred and fifty dollars ($5,250.00). D. In order to obtain tuition reimbursement, the employee must obtain prior written approval from their Director and the Director, Workforce Operations, Human Resources department, that the proposed course is qualified under (A) above, and provide documentation of successful completion and tuition expenses paid. E. The employee is required to sign the Request for Education Assistance to repay the Company in the event of voluntary termination, within three hundred sixty (360) calendar days after completion of the course as follows: < 3 months 100% 3 < 6 months 75% 6 < 9 months 50% 9 < 12 months 25% 12 + months 0%: