Common use of Financial Benefits Clause in Contracts

Financial Benefits. For each week of leave up to the 8th week, inclusive, the University will pay 90% of regular salary, less the maximum amount of weekly pay any individual is eligible to receive in accordance with the EIA (the “EI Max”), regardless of whether or not such amount is actually received by the employee. If the employee provides proof that their EIA entitlement is less than the EI Max, their weekly payment from the University will be 90% of regular salary less the amount of their EIA entitlement.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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Financial Benefits. For each week of leave up to the 8th week, inclusive, the University will pay 90% of regular salary, less the maximum amount of weekly pay any individual is eligible to receive in accordance with the EIA (the “EI Max”), regardless of whether or not such amount is actually received by the employeeEmployee. If the employee Employee provides proof that their EIA entitlement is less than the EI Max, their weekly payment from the University will be 90% of regular salary less the amount of their EIA entitlement.

Appears in 2 contracts

Samples: hr.mcmaster.ca, unifor5555.ca

Financial Benefits. For each week of leave up to the 8th week, inclusive, the University will pay 90% of regular salary, less the maximum amount of weekly pay any individual is eligible to receive in accordance with the EIA (the “EI Max”), regardless of whether or not such amount is actually received by the employee. If the employee provides proof that their his/her EIA entitlement is less than the EI Max, their her weekly payment from the University will be 90% of regular salary less the amount of their her EIA entitlement.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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Financial Benefits. For each week of leave up to the 8th week, inclusive, the University will pay 90% of regular salary, less the maximum amount of weekly pay any individual is eligible to receive in accordance with the EIA (the “EI Max”), regardless of whether or not such amount is actually received by the employee. If the employee provides proof that their his or her EIA entitlement is less than the EI Max, their his or her weekly payment from the University will be 90% of regular salary less the amount of their his or her EIA entitlement.

Appears in 1 contract

Samples: Collective Agreement

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