Common use of FUNDING OF LEAVE OF ABSENCE Clause in Contracts

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.)

Appears in 1 contract

Samples: Collective Agreement

AutoNDA by SimpleDocs

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 Sixth Year % In accordance with clause 3.2, the maximum percentage of Current Compensation Amount deferred in any one year cannot exceed 100 per cent percent 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% Five Years Maximum 20% Three Years - Maximum 33 1/3% Six Years Maximum 16.67% Four Years - Maximum 25% Five Years - Maximum 20% I may by written notice to the Employer School Division 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.)

Appears in 1 contract

Samples: Collective Agreement

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 1st 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.)

Appears in 1 contract

Samples: Collective Agreement

AutoNDA by SimpleDocs

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 my Current Compensation Amount with respect to my participation in the Plan for the following school years: First Year % Second Year Third 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 100% 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 1/333.30% Four Years - Maximum 2525.00% Five Years – Maximum 20.00% TEACHING STAFF - Maximum 20% I may DEFERRED SALARY LEAVE PLAN SCHEDULE A MEMORANDUM OF AGREEMENT – (Continued) The Participant may, by written notice to the Employer Board given prior to September 1 1st in any given year 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 2 above is to commence.)

Appears in 1 contract

Samples: hr.abbyschools.ca

Time is Money Join Law Insider Premium to draft better contracts faster.