By Consent. In extenuating circumstances, such as undue hardship or financial hardship, when the Union and the Company agree that such action is warranted, a Participant may withdraw from the Plan upon giving written notice to the Company of his intention to do so not less than 6 months before the date on which the Participant’s Leave of Absence is scheduled to commence. Under no circumstances may the Plan be used as a means of deferring income tax rather than to allow the employee to fund a Leave of Absence. Within 30 days after such withdrawal, the Company will pay to the Participant in one lump sum payment the total of
Appears in 5 contracts
Samples: www.sdc.gov.on.ca, ottawanewsguild.ca, negotech.labour.gc.ca
