Common use of Deduction from Severance Clause in Contracts

Deduction from Severance. The School District's total matching contribution to an individual employee’s 403(b) Plan will be deducted from any severance the individual employee is eligible for pursuant to this or any other School District contract or policy.

Deduction from Severance. The School District's ’s total matching contribution to an individual employeedirector’s 403(b) Plan will be deducted from any severance the individual employee director is eligible for for, pursuant to this or Article X. The director will receive any other School District contract or policyremaining severance amount.

Deduction from Severance. The School District's total matching contribution to an individual employee’s Supervisor's 403(b) Plan plan will be deducted from any severance the individual employee Supervisor is eligible for pursuant to this or Article XI. The Supervisor will receive any other School District contract or policyremaining severance amount.