Common use of Proposed Plan Clause in Contracts

Proposed Plan. Life - 2 X Annual Salary to age 70 Accidental Death & Dismemberment (AD&D) - 2 X annual salary Long Term Disability (LTD) - No Coverage Extended Health & Dental - Same as pre-65 coverage • ODB first payer • Annual $100 deductible in ODB plan paid for member only Sick Leave - 18 days per year accruing at 1.5 days per month. Maximum accrued bank of 60 days. No payout gratuity. Top-Up Bank - A nurse hired prior to January 1, 2000 who may have top-up bank entitlement, i.e. 10% of existing top-up bank will be paid out at age 65, based on the terms of the collective agreement

Proposed Plan. Life - 2 X Annual Salary to age 70 Accidental Death & Dismemberment (AD&D) - 2 X annual salary Long Term Disability (LTD) - No Coverage Extended Health & Dental - Same as pre-65 coverage • ODB first payer • Annual $100 deductible in ODB plan paid for member only Sick Leave - 18 days per year accruing at 1.5 days per month. Maximum accrued bank of 60 days. No payout gratuity. Top-Up Bank - A nurse hired prior to January 1, 2000 who may have top-up bank entitlement, i.e. 10% of existing top-up bank will be paid out at age 65, based on the terms of the collective agreement