Common use of Application and Agreement Clause in Contracts

Application and Agreement. a) Application to the plan is voluntary. A faculty member who wishes to be considered for an early retirement incentive shall do so in keeping with the procedures and dates described in the College's annual "letter of interest" sent to eligible faculty. Such application would then be considered a standing application for the following twelve-month period. Applications must be submitted annually in response to the College's "letter of interest". The Association shall be advised in writing of all applications made by faculty members. b) A faculty member has the right to accept or decline an early retirement incentive offer made by the College within thirty (30) days of the offer being proposed unless that period is extended by mutual agreement. c) In the event of acceptance of an offer of early retirement incentive, a faculty member's date of retirement shall be effective on a date mutually agreed upon between the faculty member and the President or delegate, in keeping with legislation and the maintenance of full years to retirement upon which the incentive was calculated. All earned vacation entitlements shall be utilized prior to the date of retirement. d) The individual early retirement incentive agreement shall be in writing and shall specify the early retirement date, the agreed-upon incentive option, payment dates and specific dollar amount of the incentive. The Association shall be copied on all agreements. Eligible bargaining unit members may opt for a partial early retirement with a pro-rated incentive.

Appears in 7 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Application and Agreement. a) Application to the plan is voluntary. A faculty member who wishes to be considered for an early retirement incentive shall do so in keeping with the procedures and dates described in the College's annual "letter of interest" sent to eligible faculty. Such application would then be considered a standing application for the following twelve-twelve- month period. Applications must be submitted annually in response to the College's "letter of interest". The Association shall be advised in writing of all applications made by faculty members. b) A faculty member has the right to accept or decline an early retirement incentive offer made by the College within thirty (30) days of the offer being proposed unless that period is extended by mutual agreement. c) In the event of acceptance of an offer of early retirement incentive, a faculty member's date of retirement shall be effective on a date mutually agreed upon between the faculty member and the President or delegate, in keeping with legislation and the maintenance of full years to retirement upon which the incentive was calculated. All earned vacation entitlements shall be utilized prior to the date of retirement. d) The individual early retirement incentive agreement shall be in writing and shall specify the early retirement date, the agreed-upon incentive option, payment dates and specific dollar amount of the incentive. The Association shall be copied on all agreements. Eligible bargaining unit members may opt for a partial early retirement with a pro-rated incentive.

Appears in 5 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

Application and Agreement. a) Application to the plan is voluntary. A faculty member who wishes to be considered for an early retirement incentive shall do so in keeping with the procedures and dates described in the College's annual "letter of interest" sent to eligible faculty. Such application would then be considered a standing application for the following twelve-month period. Applications must be submitted annually in response to the College's "letter of interest". The Association shall be advised in writing of all applications made by faculty members. b) A faculty member has the right to accept or decline an early retirement incentive offer made by the College within thirty (30) days of the offer being proposed unless that period is extended by mutual agreement. c) In the event of acceptance of an offer of early retirement incentive, a faculty member's date of retirement shall be effective on a date mutually agreed upon between the faculty member and the President or delegatePresident, in keeping with legislation and the maintenance of full years to retirement upon which the incentive was calculated. All earned vacation entitlements shall be utilized prior to the date of retirement. d) The individual early retirement incentive agreement shall be in writing and shall specify the early retirement date, the agreed-upon incentive option, payment dates and specific dollar amount of the incentive. The Association shall be copied on all agreements. Eligible bargaining unit members may opt for a partial early retirement with a pro-rated incentive.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

Application and Agreement. a) Application to the plan is voluntary. A faculty member who wishes to be considered for an early retirement incentive shall do so in keeping with the procedures and dates described in the CollegeEmployer's annual "letter of interest" sent to eligible facultyemployees. Such application would then be considered a standing application for the following twelve-month period. Applications must be submitted annually in response to the CollegeEmployer's "letter of interest". The Association association shall be advised in writing of all applications made by faculty members. b) . A faculty member has the right to accept or decline an early retirement incentive offer made by the College Employer within thirty (30) days of the offer being proposed unless that period is extended by mutual agreement. c) . In the event of acceptance of an offer of early retirement incentive, a faculty member's date of retirement shall be effective on a date mutually agreed upon between the faculty member and the University College President or delegatedesignate, in keeping with legislation and the maintenance of full years to retirement upon which the incentive was calculated. , All earned vacation entitlements shall be utilized prior to the date of retirement. d) . The individual early retirement incentive agreement shall be in writing and shall specify the early retirement date, the agreed-upon incentive option, payment dates and specific dollar amount of the incentive. The Association shall be copied on all agreements. Eligible bargaining unit members may opt for a partial early retirement with a pro-rated incentive.

Appears in 1 contract

Samples: Collective Agreement

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Application and Agreement. a) Application to the plan is voluntary. A faculty member who wishes to be considered for an early retirement incentive shall do so in keeping with the procedures and dates described in the College's annual "letter of interest" sent to eligible faculty. Such application would then be considered a standing application for the following twelve-twelve- month period. Applications must be submitted annually in response to the College's "letter of interest". The Association shall be advised in writing of all applications made by faculty members. b) A faculty member has the right to accept or decline an early retirement incentive offer made by the College within thirty (30) days of the offer being proposed unless that period is extended by mutual agreement. c) In the event of acceptance of an offer of early retirement incentive, a faculty member's date of retirement shall be effective on a date mutually agreed upon between the faculty member and the President or delegatePresident, in keeping with legislation and the maintenance of full years to retirement upon which the incentive was calculated. All earned vacation entitlements shall be utilized prior to the date of retirement. d) The individual early retirement incentive agreement shall be in writing and shall specify the early retirement date, the agreed-upon incentive option, payment dates and specific dollar amount of the incentive. The Association shall be copied on all agreements. Eligible bargaining unit members may opt for a partial early retirement with a pro-rated incentive.

Appears in 1 contract

Samples: Collective Agreement

Application and Agreement. a) Application to the plan is voluntary. A faculty member who wishes to be considered for an early retirement incentive shall do so in keeping with the procedures and dates described in the College's annual "letter of interest" sent to eligible facultyemployees. Such application would then be considered a standing application for the following twelve-month period. Applications must be submitted annually in response to the College's "letter of interest". The Association association shall be advised in writing of all applications made by faculty members. b) A faculty member has the right to accept or decline an early retirement incentive offer made by the College within thirty (30) days of the offer being proposed unless that period is extended by mutual agreement. c) In the event of acceptance of an offer of early retirement incentive, a faculty member's date of retirement shall be effective on a date mutually agreed upon between the faculty member and the President or delegatedesignate, in keeping with legislation and the maintenance of full years to retirement upon which the incentive was calculated. All earned vacation entitlements shall be utilized prior to the date of retirement. d) The individual early retirement incentive agreement shall be in writing and shall specify the early retirement date, the agreed-upon incentive option, payment dates and specific dollar amount of the incentive. The Association shall be copied on all agreements. Eligible bargaining unit members may opt for a partial early retirement with a pro-rated incentive.

Appears in 1 contract

Samples: Collective Agreement

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