Foundation's Contributions Clause Samples
The "Foundation's Contributions" clause defines the specific resources, funding, or support that the foundation commits to providing under the agreement. This may include monetary grants, in-kind donations, technical assistance, or access to facilities, depending on the nature of the foundation and the project. By clearly outlining what the foundation will contribute, this clause ensures both parties have a mutual understanding of expectations and helps prevent disputes over the scope or sufficiency of support.
Foundation's Contributions. The employer will contribute 4.5% of the employee's salary up to YMPE under the Canada Pension Plan and 6% of that portion of the employee's salary in excess of the YMPE.