Common use of Obligation to Return Clause in Contracts

Obligation to Return. By signing the application form, the Faculty member has acknowledged his/her obligation to return to the University for a period of service of one year following the end of the leave, thus ensuring that the University will realize the benefits of granting a paid leave to a member of the Faculty. In the event the Faculty member fails to return following the leave, or fails to serve for the full year thereafter, the Faculty member must reimburse the Board for a percentage of salary equivalent to the percentage of time remaining in the obligated period of service.

Appears in 9 contracts

Samples: Agreement, Agreement, Agreement

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Obligation to Return. By signing the application form, the Faculty member has acknowledged his/her his obligation to return to the University for a period of service of one year following the end of the leave, thus ensuring that the University will realize the benefits of granting a paid leave to a member of the Faculty. In the event the Faculty member fails to return following the leave, or fails to serve for the full year thereafter, the Faculty member must reimburse the Board for a percentage of salary equivalent to the percentage of time remaining in the obligated period of service.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

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