Common use of Commutation Clause in Contracts

Commutation. 1 Employees who are entitled to supplementary, continued or follow-on benefit may ask the governing board to commute their benefit into a lump-sum payment in lieu of the remaining benefit duration.

Appears in 4 contracts

Samples: www.fnv.nl, www.fbz.nl, assets-eu-01.kc-usercontent.com

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Commutation. 1 Employees who are entitled to supplementary, continued or follow-on benefit may ask the governing board to commute their benefit into a lump-sum payment in lieu of the remaining benefit duration.

Appears in 2 contracts

Samples: www.nfu.nl, www.lad.nl

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