FOP Fund Sample Clauses
The FOP Fund clause establishes a dedicated fund or account specifically for the management and allocation of resources related to a particular project, transaction, or set of obligations. In practice, this clause outlines how contributions are made to the fund, who controls or administers it, and the permitted uses of the funds, such as paying project expenses or distributing returns to stakeholders. Its core function is to ensure transparency and proper segregation of funds, thereby reducing the risk of misallocation and providing clear financial oversight for all parties involved.
FOP Fund. The Employer will offer, through the administration of the Department of Administrative Services, the tuition, seminar and conference fund. The fund will make available $75100,000 in each fiscal year for fees and expenses for attendance at seminars, workshops, conferences and for tuition reimbursement. Beginning July 1, 2007, the fund will make available $100,000 each fiscal year. Subject to the limitations of the fund, each employee shall be eligible for an amount not to exceed twenty-five hundred ($2,500) three thousand ($3,000) dollars for tuition reimbursement of which a total of one thousand five hundred ($1,500) ($1,000) dollars may be used for seminars, workshops or conferences. Beginning July 1, 2007, the amounts shall increase to three thousand ($3,000) dollars and one thousand five hundred ($1,500) dollars, respectively. Seminars, workshops and conferences must be job related unless otherwise approved by management. In order to receive reimbursement the employee must successfully pass the job related coursework or otherwise approved course, if pass/fail, or a “C” or better, if grades are given.
FOP Fund. The Employer will offer, through the administration of the Department of Administrative Services, the tuition, seminar and conference fund. The fund will make available 112,000 100,000 in each fiscal year for fees and expenses for attendance at seminars, workshops, conferences and for tuition reimbursement. Subject to the limitations of the fund, each employee shall be eligible for an amount not to exceed three thousand ($3,000) dollars for tuition reimbursement, of which a total of one thousand five hundred ($1,500) dollars may be used for seminars, workshops or conferences. Seminars, workshops and conferences must be job related unless otherwise approved by management. In order to receive reimbursement the employee must successfully pass the job related coursework or otherwise approved course, if pass/fail, or a “C” or better, if grades are given.
FOP Fund. The Employer will offer, through the administration of the Department of Administrative Services, the tuition, seminar and conference fund. The fund will make available $112,000 in each fiscal year for fees and expenses for attendance at seminars, workshops, conferences and for tuition reimbursement. Subject to the limitations of the fund, each employee shall be eligible for an amount not to exceed three thousand ($3,000) dollars for tuition reimbursement, seminars, workshops or conferences. Seminars, workshops and conferences must be job related unless otherwise approved by management. In order to receive reimbursement the employee must successfully pass the job related coursework or otherwise approved course, if pass/fail, or a “C” or better, if grades are given.
FOP Fund. The Employer will offer, through the administration of the Department of Administrative Services, the tuition, seminar and conference fund. The fund will make available $112,000 in each fiscal year for fees and expenses for attendance at seminars, workshops, conferences and for tuition
FOP Fund. The Employer will offer, through the administration of the Department of Administrative Services, the tuition, seminar and conference fund. The fund will make available $75,000 in each fiscal year for fees and expenses for attendance at seminars, workshops, conferences and for tuition reimbursement. Beginning July 1, 2007, the fund will make available $100,000 each fiscal year. Subject to the limitations of the fund, each employee shall be eligible for an amount not to exceed twenty-five hundred ($2,500) dollars for tuition reimbursement of which a total of one thousand ($1,000) dollars may be used for seminars, workshops or conferences. Beginning July 1, 2007, the amounts shall increase to three thousand ($3,000) dollars and one thousand five hundred ($1,500) dollars, respectively. Seminars, workshops and conferences must be job related unless otherwise approved by management. In order to receive reimbursement the employee must successfully pass the job related coursework or otherwise approved course, if pass/fail, or a “C” or better, if grades are given.