Coverage on the. above benefits shall be for a full twelve (12) months; it being expressly understood that full twelve (12) months’ coverage is dependent upon completion of the employee’s work year. If an employee resigns from employment after the end of a school year and before the start of the next school year, the insurance shall be continued through August 31 of that year, unless the employee becomes employed elsewhere prior to August 31. Provided, that an employee who resigns and waives insurance for the months of July-August shall receive $500. The waiver must be in writing and furnished to the District by May 15
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Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement