Common use of Example of contract Clause in Contracts

Example of contract. If the deferral years are established at two years and the Sabbatical at 6 months, the contract will be for a period of 2 ½ years. During the two year deferral the applicants will be compensated at 80% of their basic weekly rate of pay. During their Sabbatical they will be compensated at 80%. Hereunder, is a table explaining the various type of deferral years based on 9 months to 5 year periods and Sabbatical based on a Sabbatical of 3 to 9 months. Deferral Period Length of Sabbatical 3 Months 6 Months 9 Months 9 months 75% 2 yrs 89% 80% 73% 3 yrs 92% 86% 80% 4 yrs 89% 84% 5 yrs 91% 87%

Appears in 4 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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