Common use of COMPUTER PURCHASE PLAN Clause in Contracts

COMPUTER PURCHASE PLAN. 1. The Board will provide an opportunity for members of the Association to participate in the "Computer Purchase Plan" on an annual basis. The annual District budget and the maximum individual amount for this program will be determined by the Board. 2. The purchase of any computer equipment under this plan will be paid by the Board and made as an interest free loan to Association members. Repayment of this interest free loan will be made in equal instalments by payroll deduction within the following school year. Should the Association member leave the employment of the Board during the repayment period, the balance of the loan outstanding would be due and payable on termination.

Appears in 5 contracts

Samples: Provincial and Local Matters Agreement, Provincial and Local Matters Agreement, Provincial and Local Matters Agreement

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