Common use of Central Guide Document October Clause in Contracts

Central Guide Document October. If the employee terminates employment, the deferred salary held by the Hospital plus accrued interest, if any, will be returned to the employee within a reasonable period of time. In case of the employee’s death, the funds will be paid to the employee’s estate. The Hospital will endeavour to find a temporary replacement for the employee as far in advance as practicable. If the Hospital is unable to find a suitable replacement, it may postpone the leave. The Hospital will give the employee as much notice as is reasonably possible. The employee will have the option of remaining in the Plan and rearranging the leave at a mutually agreeable time or of withdrawing from the plan and having the deferred salary, plus accrued interest, if any, paid out to the employee within a reasonable period of time. The employee will be reinstated to his or her former position unless the position has been discontinued, in which case the employee shall be given a comparable job. Final approval for entry into the leave program will be subject to the employee entering into a formal agreement with the Hospital in order to authorize the Hospital to make the appropriate deductions from the employee’s pay. Such agreement will include: A statement that the employee is entering the leave program in accordance with this Article of the collective agreement. The period of salary deferral and the period for which the leave is requested. The manner in which the deferred salary is to be held. The letter of application from the employee to the Hospital to enter the prepaid leave program will be appended to and form part of the written agreement.

Central Guide Document October. If the employee terminates employment, the deferred salary held by the Hospital plus accrued interest, if any, will be returned to the employee within a reasonable period of time. In case of the employee’s death, the funds will be paid to the employee’s estate. The Hospital will endeavour to find a temporary replacement for the employee as far in advance as practicable. If the Hospital is unable to find a suitable replacement, it may postpone the leave. The Hospital will give the employee as much notice as is reasonably possible. The employee will have the option of remaining in the Plan and rearranging the leave at a mutually agreeable time or of withdrawing from the plan and having the deferred salary, plus accrued interest, if any, paid out to the employee within a reasonable period of time. The employee will be reinstated to his or her former position unless the position has been discontinued, in which case the employee shall be given a comparable job. Final approval for entry into the leave program will be subject to the employee entering into a formal agreement with the Hospital in order to authorize the Hospital to make the appropriate deductions from the employee’s pay. Such agreement will include: A statement that the employee is entering the leave program in accordance with this Article of the collective agreement. The period of salary deferral and the period for which the leave is requested. The manner in which the deferred salary is to be held. held The letter of application from the employee to the Hospital to enter the prepaid leave program will be appended to and form part of the written agreement.