Common use of Bus Pass Subsidy Clause in Contracts

Bus Pass Subsidy. For the exclusive use of employees who purchase one of the bus passes specified below and who utilize such pass for their mode of transportation to and from work; the employer shall provide a subsidy for each employee toward the cost of such bus passes as provided in the following schedule: Madison Metro Passes Employer Subsidy Monthly Pass $2.00 Twenty Ride Pass 2.00 Twenty Ride Express Pass 2.00 Twenty Ride Middleton Pass 2.00 Twenty Ride Verona Pass 2.00 Elderly/Handicapped Ten Ride Pass 1.50 Commuters Service Stoughton Ten Ride Pass $2.00 Oregon/XxXxxxxxx Ten Ride Pass 2.00 Evansville Ten Ride Pass 2.00 Madison Rapid Transit Lodi/Waunakee Ten Ride Pass $2.00 In the event that additional bus passes become available during the term of this agreement for bus lines that could be utilized by employees under the conditions specified above; the Employer will provide a $2.00 subsidy on the cost of such bus passes purchased by employees not to exceed the total cost of the pass.