Common use of Educational Fund (Keren Hishtalmut) Clause in Contracts

Educational Fund (Keren Hishtalmut). The Company will contribute to a recognized educational fund an amount equal to 7.5% of each monthly payment of the Salary and will deduct from each monthly payment and contribute to such educational fund an additional amount equal to 2.5% of the Salary.

Educational Fund (Keren Hishtalmut). The Company will contribute to a recognized educational fund an amount equal to 7.5% of each monthly payment of the Salary and will deduct from each monthly payment and contribute to such educational education fund an additional amount equal to 2.5% of the Salary. Employee shall bear all taxes resulting from contributions made to the educational fund in excess of the recognized ceiling for tax purposes.

Educational Fund (Keren Hishtalmut). The Company will contribute to a recognized educational fund an amount equal to 7.5% of each monthly payment of the Salary and will deduct from each monthly payment and contribute to such educational education fund an additional amount equal to 2.5% of the Salaryeach such month’s payment.

Educational Fund (Keren Hishtalmut). The Company will contribute to a recognized educational fund an amount equal to 7.5% of each monthly payment of the Salary up to the limit recognized for tax purposes and will deduct from each monthly payment and contribute to such educational education fund an additional amount equal to 2.5% of each such month’s payment up to the Salarylimit recognized for tax purposes.

Educational Fund (Keren Hishtalmut). The Company will contribute to a recognized educational fund an amount equal to 7.5% of each monthly payment of Salary up to the Salary and limit recognized for tax purposes. The Company will also deduct from each Employee’s monthly payment Salary and contribute to such educational education fund an additional amount equal to 2.5% of each such month’s Salary up to the Salarylimit recognized for tax purposes.

Educational Fund (Keren Hishtalmut). The Company will contribute to a recognized educational fund an amount equal to 7.5% of each monthly payment of the Salary up to the limit recognized for tax purposes and will deduct from each monthly payment and contribute to such educational education fund an additional amount equal to 2.5% of each such month's payment up to the Salarylimit recognized for tax purposes.

Educational Fund (Keren Hishtalmut). The Company will contribute to a recognized educational fund an amount equal to 7.5% of each monthly payment of the Salary up to the limit recognized for tax purposes and will deduct from each monthly payment and contribute to such educational education fund an additional amount equal to 2.5% of each such month’s payment of the SalarySalary up to the limit recognized for tax purposes.

Educational Fund (Keren Hishtalmut). The Company will contribute to a recognized educational fund an amount equal to 7.5% of each monthly payment of the Base Salary and will deduct from each monthly payment and contribute to such educational education fund an additional amount equal to 2.5% of each such month’s payment, up to the Salarytax exemption ceiling provided by applicable law. The parties agree that the education fund and all amounts accrued therein will be released to the Employee upon termination of the Employee’s employment with the Company for any reason other than termination by the Company with Cause.

Educational Fund (Keren Hishtalmut). The Company Employer will contribute to a recognized educational fund an amount equal to 7.5% of each monthly payment of the full Salary and will deduct from each monthly payment and contribute to such educational education fund an additional amount equal to 2.5% of the Salaryeach such month’s payment.