Common use of Financial Benefit Clause in Contracts

Financial Benefit. The CAP financial benefit flowing from the sponsorship to the student includes: • $1750.00 remuneration will be allocated towards the student school fees. • An additional $700.00 work placement remuneration will be paid to the student’s nominated bank account. A reduction will be applied if less than 100 hours are completed. • A $2250.00 debenture will be awarded as a completion bonus subject to the global criteria (above). This will be invested in a secure account that is accessible after the student is 21 years of age. • Debenture payments will be reduced pro-rata for any units not successfully completed. Resolution of Issues In the event of a dispute or disagreement the stakeholder should document the details and submit to the CRL who will seek the necessary advice to resolve the issue.

Financial Benefit. The CAP financial benefit flowing from the sponsorship to the student includes: •  $1750.00 remuneration will be allocated towards the student school fees. •  An additional $700.00 work placement remuneration will be paid to the student’s nominated bank account. A reduction will be applied if less than 100 hours are completed. •  A $2250.00 debenture will be awarded as a completion bonus subject to the global criteria (above). This will be invested in a secure account that is accessible after the student is 21 years of age. •  Debenture payments will be reduced pro-rata for any units not successfully completed. Resolution of Issues In the event of a dispute or disagreement the stakeholder should document the details and submit to the CRL who will seek the necessary advice to resolve the issue.

Financial Benefit. The CAP financial benefit flowing from the sponsorship to the student includes: • $1750.00 2000.00 remuneration will be allocated towards the student school fees. • An additional $700.00 900.00 work placement remuneration will be paid to the student’s nominated bank account. A reduction will be applied if less than 100 hours are completed. • A $2250.00 2500.00 debenture will be awarded as a completion bonus subject to the global criteria (above). This will be invested in a secure account that is accessible after the student is 21 years of age. • Debenture payments will be reduced pro-rata for any units not successfully completed. Resolution of Issues In the event of a dispute or disagreement the stakeholder should document the details and submit to the CRL who will seek the necessary advice to resolve the issue.