Common use of Educational Benefit Clause in Contracts

Educational Benefit. ‌ Effective July 1, 2010, Unit Members shall be granted a one-time education incentive, payable quarterly, based on the attainment of the degrees as set forth: Associates Degree $250.00, Bachelors Degree $500.00, Masters Degree $1000.00. The attainment of a higher degree eliminates any further compensation for the holding of the lower degree.

Educational Benefit. ‌ Effective July 1, 2010, Unit Members shall be granted a one-time education incentive, payable quarterly, based on the attainment of the degrees as set forth: Associates Degree $250.00, Bachelors Degree $500.00, Masters Degree $1000.00. The attainment of a higher degree eliminates any further compensation for the holding of the lower degree.