Compensation Deferred. During each year of the deferral period, the participant will receive his\her current compensation amount, less the percentage amount which the participant has specified in the Memorandum of Agreement, which is to be retained by the Board, and less statutory deductions and other withholdings. Such percentage amount may be varied, subject to clause 3.2, by giving written notice to the Board at least one (1) month prior to July 1 in any year for the next or subsequent years.
Appears in 5 contracts
Samples: Provincial Collective Agreement, Provincial Collective Agreement, Provincial Collective Agreement
Compensation Deferred. During each year of the deferral period, the participant will receive his\her their current compensation amount, less the percentage amount which the participant has specified in the Memorandum of Agreement, which is to be retained by the Board, and less statutory deductions and other withholdings. Such percentage amount may be varied, subject to clause 3.2, by giving written notice to the Board at least one (1) month prior to July 1 in any year for the next or subsequent years.
Appears in 3 contracts
Samples: Provincial Collective Agreement, Provincial Collective Agreement, Provincial Collective Agreement
Compensation Deferred. During each year of the deferral period, the participant will receive his\her their current compensation amount, less the percentage amount which the participant has specified in the Memorandum of Agreement, Agreement which is to be retained by the Board, Board and less statutory deductions and other withholdings. Such percentage amount may be varied, subject to clause 3.2Clause 28.3.b, by giving written notice to the Board at least one (1) month prior to July 1 in any year year, for the next or subsequent years.
Appears in 3 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Compensation Deferred. During each year of the deferral period, the participant will receive his\her current his/her compensation amount, less the percentage amount which the participant has specified in the Memorandum of Agreement, which is to be retained by the Board, Board and less statutory deductions and other withholdings. Such percentage amount may be varied, subject to clause 3.2Clause 3.b, by giving written notice to the Board at least one (1) month prior to July 1 in any year for the next or subsequent years.
Appears in 1 contract
Samples: Collective Agreement
Compensation Deferred. During each year of the deferral period, the participant will receive his\her his/her current compensation amount, less the percentage amount which the participant has specified in the Memorandum of Agreement, Agreement which is to be retained by the Board, Board and less statutory deductions and other withholdings. Such percentage amount may be varied, subject to clause 3.2Clause 19.3.b, by giving written notice to the Board at least one (1) month prior to July 1 in any year year, for the next or subsequent years.
Appears in 1 contract
Samples: Collective Agreement
Compensation Deferred. During each year of the deferral period, the participant will receive his\her his/her current compensation amount, less the percentage amount which the participant has specified in the Memorandum of Agreement, Agreement which is to be retained by the Board, and less statutory deductions and other withholdings. Such percentage amount may be varied, subject to clause 3.2J.1(3.2), by giving written notice to the Board at least one (1) month prior to July 1 in any year for the next or subsequent years.
Appears in 1 contract
Samples: Collective Agreement
Compensation Deferred. During each year of the deferral period, the participant will receive his\her his/her current compensation amount, less the percentage amount which the participant has specified in the Memorandum of Agreement, Agreement which is to be retained by the Board, Board and less statutory deductions and other withholdings. Such percentage amount may be varied, subject to clause 3.23.b, by giving written notice to the Board at least one (1) month prior to July 1 in any year for the next or subsequent years.
Appears in 1 contract
Samples: Collective Bargaining Agreement