FUNDING OF LEAVE OF ABSENCE Sample Clauses

FUNDING OF LEAVE OF ABSENCE. In accordance with clause 3.1 of the Plan, I direct the percentage amounts as set out in this section be withheld by the Board from my current compensation amount with respect to my application in the Plan for the following school years: (not to exceed thirty-three and one third (33 and 1/3) percent In any one (1) year. First Year Second Year Third Year Fourth Year Fifth Year Or For All Years I understand that by written notice to the Board, one d) month before my anniversary in the Plan. I may alter the percentage amount for the next or subsequent years. A guide for deferral: Three Years 33.30% Five Years 20.00% Four Years 25.00% Six Years 16.67%
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FUNDING OF LEAVE OF ABSENCE. In accordance with Clause 3.1, I direct that the percentage amounts as set out in this clause (not to exceed thirty-three and one third (33 1/3) per cent) be withheld from my Current Compensation Amount with respect to my participation in the Plan for the following school years: First Year % Third Year % Second Year % Fourth Year % Or for All Years % On one occasion in any school year, the Participant may, by written notice to the Board, alter the percentage amounts for that or any subsequent year in accordance with Clause 3.1.
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FUNDING OF LEAVE OF ABSENCE. In accordance with Clause 19.3.a of the Plan, I direct that the Board withhold per cent (not to exceed thirty-three and on third (33 1/3 ) per cent) of my current compensation amount during my participation in the plan. I understand that I may, by written notice given to the Board one (1) month prior to July 1 in any year alter the percentage amount for the next or subsequent years.
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FUNDING OF LEAVE OF ABSENCE. In accordance with clause 3.1, I direct that the percentage amounts as set out in this clause be withheld from the Current Compensation Amount with respect to my participation in the Plan for the following school years: First Year % Fourth Year % Second Year % Fifth Year % Third Year % OR For All Years % In accordance with clause 3.2, the maximum percentage of Current Compensation Amount deferred in any one year cannot exceed 100 per cent divided by the number of years in the Plan including the Leave of Absence year, without taking into account any deferral under clauses 4.4 and 4.5. Two Years - Maximum 33 1/3% Three Years - Maximum 33 1/3% Four Years - Maximum 25% Five Years - Maximum 20% I may by written notice to the Employer given prior to September 1 in any given year alter the percentage amounts for that or any subsequent year. (Note: To be completed for the school year up to the school year in which the Leave of Absence specified in paragraph 4 above is to commence.)
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FUNDING OF LEAVE OF ABSENCE. In accordance with Clause 3.1, I direct that the percentage amounts set out in this clause be deducted from my Current Compensation Amount and deposited on my behalf with respect to my participation in the plan for the following school years: Leave of Absence of one half of a school year or 6 months on 3 years Deduction: 16.67% of the annual salary 1 on 4 years Deduction: 12.50% of the annual salary 1 on 5 years Deduction: 10.00% of the annual salary 1 Leave of Absence of one school year or 12 months on 4 years Deduction: 25.00% of the annual salary 1 on 5 years Deduction: 20.00% of the annual salary 1
Sample 1
FUNDING OF LEAVE OF ABSENCE. In accordance with clause 3.1, I direct that the percentage amounts as set out in this clause be withheld from my Current Compensation Amount with respect to my participation in the Plan for the following school years: First Year % Third Year % Second Year % Fourth Year % Fifth Year % OR for all years % The participant may, by written notice to the Board, given prior to June 1st in any year, alter the percentage amounts for that or any subsequent year. (Note: To be completed for the school year up to the school year in which the Leave of Absence specified in paragraph 2 above is to commence.) As per clause 3.3 of the Plan, I agree that the Board, the Union and members of the committee are not liable for any investments made under the Plan. DATE: Participant's Name (Please Print) Participant’s Signature Address DATE: AGREED TO BY THE BOARD: Secretary-Treasurer Adopted: November 14, 1989 Reviewed: January 12, 2016
Sample 1
FUNDING OF LEAVE OF ABSENCE. (Note: To be completed for the years up to the time in which the Leave of Absence specified in paragraph 2 above is to commence.) In accordance with Article 2, I direct that the percentage amounts as set out in this clause be withheld from my Current Compensation Amount with respect to my participation in the Plan for the following years: First Year Second Year Third Year Fourth Year Fifth Year Sixth Year Note: Not to exceed 33 1/3% of my current compensation amount. I may, by written notice to the School District given one month prior to the anniversary date of my participation in the Plan, alter the percentage amounts for the next or any subsequent year. Interest shall be calculated and credited to my account according to the Agreement between the Board and Concentra Trust.
Sample 1
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Related to FUNDING OF LEAVE OF ABSENCE

  • General Leave of Absence a) Leave of absence without pay may be granted to employees for valid reasons as set out by Company policy.

  • MATERNITY LEAVE OF ABSENCE A Maternity Leave of Absence will be granted, subject to the following:

  • LEAVE OF ABSENCE With respect to the Award, the Company may, in its sole discretion, determine that if you are on leave of absence for any reason you will not be considered as having terminated employment with the Company; however, your rights to the Restricted Stock Units during a leave of absence will be limited to the extent to which those rights were earned or vested when the leave of absence began.

  • Military Leave of Absence Upon application, a military leave of absence without pay will be granted to employees who are inducted through Selective Service or voluntary enlistment, or those called through membership in the National Guard or reserve component into the Armed Forces of the United States. Credited service for military service shall be determined by the retirement plan.

  • Medical Leave of Absence Where you have a medical leave of absence due to any medically determinable physical or mental impairment that can be expected to result in death or can be expected to last for a continuous period of not less than six months, and you have not returned to employment with the Company or an Affiliate, a Separation from Service has occurred on the earlier of: (A) the first day on which you would not be considered “disabled” under any disability policy of the Company or Affiliate under which you are then receiving a benefit; or (B) the first day on which your medical leave of absence period exceeds 29 months.

  • Union Leave of Absence An employee on an unpaid Union leave of absence shall have her wages, benefits and seniority continued by the Employer, and the Union agrees to reimburse the Employer for the costs of such wages and benefits. Employees requesting leave under this article will provide the Employer with as much advance notice as possible of the dates of the leave. Where there are less than fifteen (15) regular employees at a workstation at the time the leave request is submitted, and subject to operational requirements, unpaid Union leave of absence will be granted to one employee for the purpose of conducting Union business. This would be an additional person on Union leave at worksites where the position of the Union President or Council member has been backfilled for the duration of their term of office. A leave of absence without pay shall be granted to an employee who is a member of the Union and who is:

  • Return from Leave of Absence (a) Before a Nurse may return to work from a leave granted under Article 9.00, she or he must provide a minimum of four (4) weeks written notice of the specific date of his or her return to work, or such shorter time as mutually agreed.

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