Common use of Four Over Five Clause in Contracts

Four Over Five. During any four (4) years (or semesters) of the Plan, teachers shall receive eighty percent (80%) of their annual salary. The remaining twenty percent (20%) of salary shall be held in trust by the Board for the teacher in a mutually agreed upon type of account. The twenty percent (20%) of salary for each of the four (4) years (or semesters), plus all accrued interest, shall be paid to the teacher in the leave year (or semester) of the Plan. or

Four Over Five. During any four (4) years (or semesters) of the Plan, teachers shall receive eighty percent (80%) percent of their annual salary. The remaining twenty percent (20%) percent of salary shall be held in trust by the Board for the teacher in a mutually agreed upon type of account. The twenty percent (20%) percent of salary for each of the four (4) years (or semesters), plus all accrued interest, shall be paid to the teacher in the leave year (or semester) of the Plan. or