Common use of Deferred Salary Leave Plan (DLSP Clause in Contracts

Deferred Salary Leave Plan (DLSP. The parties consider that deferred salary leaves are beneficial for the Employees and for the University. a) A deferred salary leave is a leave without pay during which a permanent Employee receives payment originating from the salary which will have been deferred, in accordance with applicable tax laws. b) The DSLP consists of a Contribution Period by the Employee, accompanied by a leave. c) Priority will be given to the employees that have never benefitted from such a leave. d) The minimal duration of a deferred salary leave is six (6) consecutive months and the maximal duration is twelve (12) consecutive months. e) Employees benefitting from a deferred salary leave must return to work for the University and remain in its service for a period equal to the length of the leave. f) Requests for deferred salary leave will be accepted on the condition that the affected department is able to grant such a leave. Such requests will only be denied in exceptional circumstances. g) The employee interested in particpating in the Deferred Salary Leave Plan must submit their written request to their immediate supervisor and send a copy to the Human Resources Department at least three (3) months before the date they wish to begin particpating in the DSLP. h) The University will submit the approval or denial of the request in writing within five (5) weeks of receiving the request. If the University denies the request, the employee will also receive in writing the reasons of the denial. A copy will also be sent to the Union. i) Participation of an Employee in the DSLP is subject to the signing of a contract, a sample of which is provided for in Appendix D of the present collective agreement j) This contract must be signed by the Employee and returned to the Human Resources Department four (4) weeks prior to the date he/she is due to commence the contribution period. k) The Human Resources Department will forward a copy of the signed contract to the immediate supervisor of the Employee who submitted such request and to the Union. l) By signing the contract, the Employee becomes a participating employee. The Employee who fails to sign the contract will be deemed to have withdrawn his/her application to participate in the DSLP.

Deferred Salary Leave Plan (DLSP. The parties consider that deferred salary leaves are beneficial for the Employees and for the University. a) A deferred salary leave is a leave without pay during which a permanent Employee receives payment originating from the salary which will have been deferred, in accordance with applicable tax laws. b) The DSLP consists of a Contribution Period by the Employee, accompanied by a leave. c) Priority will be given to the employees that have never benefitted from such a leave. d) The minimal duration of a deferred salary leave is six (6) consecutive months and the maximal duration is twelve (12) consecutive months. e) Employees benefitting from a deferred salary leave must return to work for the University and remain in its service for a period equal to the length of the leave. f) Requests for deferred salary leave will be accepted on the condition that the affected department is able to grant such a leave. Such requests will only be denied in exceptional circumstances. g) The employee interested in particpating participating in the Deferred Salary Leave Plan must submit their written request to their immediate supervisor and send a copy to the Human Resources Department at least three (3) months before the date they wish to begin particpating participating in the DSLP. h) The University will submit the approval or denial of the request in writing within five (5) weeks of receiving the request. If the University denies the request, the employee will also receive in writing the reasons of the denial. A copy will also be sent to the Union. i) Participation of an Employee in the DSLP is subject to the signing of a contract, a sample of which is provided for in Appendix D of the present collective agreementCollective Agreement j) This contract must be signed by the Employee and returned to the Human Resources Department four (4) weeks prior to the date he/she is due to commence the contribution period. k) The Human Resources Department will forward a copy of the signed contract to the immediate supervisor of the Employee who submitted such request and to the Union. l) By signing the contract, the Employee becomes a participating employee. The Employee who fails to sign the contract will be deemed to have withdrawn his/her application to participate in the DSLP. m) The length of the leave and the percentage of the salary contributed during the participation in the DSLP may be chosen among the following options : The length of the leave and the percentage of the salary contributed during the participation in the DSLP Duration of the leave 2 years 3 years 4 years 5 years n) The terms and conditions relating to the deferred salary leave are also defined in the sample contract provided for in Appendix D of the present Collective Agreement.

Deferred Salary Leave Plan (DLSP. The parties consider that deferred salary leaves are beneficial for the Employees and for the University. a) A deferred salary leave is a leave without pay during which a permanent Employee receives payment originating from the salary which will have been deferred, in accordance with applicable tax laws. b) The DSLP consists of a Contribution Period by the Employee, accompanied by a leave. c) Priority will be given to the employees that have never benefitted from such a leave. d) The minimal duration of a deferred salary leave is six (6) consecutive months and the maximal duration is twelve (12) consecutive months. e) Employees benefitting from a deferred salary leave must return to work for the University and remain in its service for a period equal to the length of the leave. f) Requests for deferred salary leave will be accepted on the condition that the affected department is able to grant such a leave. Such requests will only be denied in exceptional circumstances. g) The employee interested in particpating in the Deferred Salary Leave Plan must submit their written request to their immediate supervisor and send a copy to the Human Resources Department at least three (3) months before the date they wish to begin particpating in the DSLP. h) The University will submit the approval or denial of the request in writing within five (5) weeks of receiving the request. If the University denies the request, the employee will also receive in writing the reasons of the denial. A copy will also be sent to the Union. i) Participation of an Employee in the DSLP is subject to the signing of a contract, a sample of which is provided for in Appendix D of the present collective agreementCollective Agreement j) This contract must be signed by the Employee and returned to the Human Resources Department four (4) weeks prior to the date he/she is due to commence the contribution period. k) The Human Resources Department will forward a copy of the signed contract to the immediate supervisor of the Employee who submitted such request and to the Union. l) By signing the contract, the Employee becomes a participating employee. The Employee who fails to sign the contract will be deemed to have withdrawn his/her application to participate in the DSLP.