MEMORANDUM OF UNDERSTANDINGAugust 20th, 2021
FiledAugust 20th, 2021TABLE OF CONTENTS Section 1. PREAMBLE Page 1 Section 2. RECOGNITION Page 1 Section 3. NO ABROGATION OF RIGHTS Page 1 Section 4. SALARY ADJUSTMENTS Page 1 Section 5. EQUITY ADJUSTMENTS Page 2 Section 6. HOLIDAYS Page 2 Section 7. VACATION A. EntitlementB. AccrualC. Maximum AccrualD. Floating HolidaysE. Vacation Conversion to Cash Page 3Page 3Page 3Page 4Page 4 Section 8. SICK LEAVE A. EntitlementB. AccrualC. Sick Leave Conversion to Cash Page 4Page 4Page 4 Section 9. ADMINISTRATIVE LEAVE Page 5 Section 10. INSURANCE A. DescriptionB. Health Insurance OptionsC. IRS Code Section 125 Flexible Benefits/Cafeteria PlanD. Terms of Health Care ParticipationE. Health Care ContributionsF. Vision InsuranceG. Dental InsuranceH. Life InsuranceI. Long Term Disability InsuranceJ. Health Insurance Waiver OptionK. Optional Health BenefitsL. Flexible Spending AccountsM. Voluntary Life Insurance Page 6Page 6Page 6Page 7Page 7Page 7Page 8Page 8Page 8Page 8Page 9Page 9Page 9