Common use of Course Release Time Purchased by the Association Clause in Contracts

Course Release Time Purchased by the Association. (a) The Association is permitted to buy single course releases over and above the course releases under Article 5.05.2 on the following basis: (i) up to eight (8) single course releases in any Year; (ii) two (2) additional single course releases in any Bargaining Year; (iii) the Association shall remit to the Board an amount equal to the minimum Sessional Lecturer stipend plus 25%, as identified in Schedule A of this Collective Agreement for each course release so purchased under Article 5.05.3; (iv) should the Association request that course releases be accorded to a Member at a rate of two (2) or more course releases in one (1) Academic Year, all releases in that Academic Year shall be permitted through the Association remitting to the Board a total amount equal to one third (1/3) of the minimum salary for an Associate Professor plus 25%, such minimum as identified in Schedule A.01.1 of this Collective Agreement.