Common use of Forfeit of Benefit Clause in Contracts

Forfeit of Benefit. ‌ The faculty or academic-staff member will forfeit the tuition assistance benefit and must make prompt reimbursement of the full amount of tuition assistance to the University if: 1. A passing grade or mark is not achieved. a. For the purpose of establishing eligibility for this program undergraduate grades of A, B, C, D and graduate grades of A, B, C shall be considered passing grades. Marks of P or S shall be considered passing. x. Xxxxx of “Deferred” (Y) must be resolved into passing grades within twelve (12) months following termination of the term in which the course was elected. An extension for an additional twelve (12) months may be granted upon the written approval of the President or their designee. One-year extensions for the completion of “Deferral” (Y) marks for thesis or dissertation credit shall be granted by the President or their designee upon receipt of a written request from the faculty or academic-staff member countersigned by the appropriate graduate officer to verify continuance in an academic program. x. Xxxxx of “Incomplete” (I) must be resolved into passing grades within twelve (12) months following termination of the term in which the course was elected. x. Xxxxx of I or Y must be resolved into passing grades or marks prior to employment termination date. 2. The faculty or academic-staff member does not remain on the active payroll for the entire term in which they make application for the tuition assistance.

Forfeit of Benefit. ‌ The faculty or academic-staff member will forfeit the tuition assistance benefit and must make prompt reimbursement of the full amount of tuition assistance to the University if: 1. A passing grade or mark xxxx is not achieved. a. For the purpose of establishing eligibility for this program undergraduate grades of A, B, C, D and graduate grades of A, B, C shall be considered passing grades. Marks of P or S shall be considered passing. x. Xxxxx of “Deferred” (Y) must be resolved into passing grades within twelve (12) months following termination of the term in which the course was elected. An extension for an additional twelve (12) months may be granted upon the written approval of the President or their his/her designee. One-year extensions for the completion of “Deferral” (Y) marks for thesis or dissertation credit shall be granted by the President or their his/her designee upon receipt of a written request from the faculty or academic-staff member countersigned by the appropriate graduate officer to verify continuance in an academic program. x. Xxxxx of “Incomplete” (I) must be resolved into passing grades within twelve (12) months following termination of the term in which the course was elected. x. Xxxxx of I or Y must be resolved into passing grades or marks prior to employment termination date. x. Xxxxx of I or Y must be resolved into passing grades or marks prior to certification of degree. 2. The faculty or academic-staff member does not remain on the active payroll for the entire term in which they make s/he makes application for the tuition assistance.

Forfeit of Benefit. ‌ The faculty or academic-staff member will forfeit the tuition assistance benefit and must make prompt reimbursement of the full amount of tuition assistance to the University if: 1. A passing grade or mark xxxx is not achieved. a. For the purpose of establishing eligibility for this program undergraduate grades of A, B, C, D and graduate grades of A, B, C shall be considered passing grades. Marks of P or S shall be considered passing. x. Xxxxx of “Deferred” (Y) must be resolved into passing grades within twelve (12) months following termination of the term in which the course was elected. An extension for an additional twelve (12) months may be granted upon the written approval of the President or their designee. One-year extensions for the completion of “Deferral” (Y) marks for thesis or dissertation credit shall be granted by the President or their designee upon receipt of a written request from the faculty or academic-staff member countersigned by the appropriate graduate officer to verify continuance in an academic program. x. Xxxxx of “Incomplete” (I) must be resolved into passing grades within twelve (12) months following termination of the term in which the course was elected. x. Xxxxx of I or Y must be resolved into passing grades or marks prior to employment termination date. 2. The faculty or academic-staff member does not remain on the active payroll for the entire term in which they make application for the tuition assistance.

Forfeit of Benefit. ‌ The faculty or academicPart-staff Time Faculty member will forfeit the tuition assistance benefit and must make prompt reimbursement of the full amount of tuition assistance to the University ifif any of the following individual conditions are met: 1. a. A passing grade or mark is not achieved. a. i. For the purpose of establishing eligibility for this the program undergraduate grades of A, B, C, D and graduate grades of A, B, C shall be considered passing grades. , Marks of P or S shall be considered passing. x. Xxxxx of “Deferred” (Y) must be resolved into passing grades within twelve (12) months following termination of the term in which the course was elected. An extension for an additional twelve (12) months may be granted upon the written approval of the President or their designee. One-year extensions for the completion of “"Deferral” (Y) marks for thesis or dissertation credit shall be granted by the President or their designee upon receipt of a written request from the faculty or academic-staff member countersigned by the appropriate graduate officer to verify continuance in an academic program. x. Xxxxx of “Incomplete” (I) must be resolved into passing grades within twelve (12) months following termination of the term in which the course was elected. x. Xxxxx of I or Y must be resolved into passing grades or marks prior to employment termination date. 2. d. The faculty or academicPart-staff Time Faculty member does not remain on the active payroll for the entire term in which they make application for the tuition assistance.