FUNDING OF LEAVE OF ABSENCE Sample Clauses

FUNDING OF LEAVE OF ABSENCE. In accordance with clause 3.1 of the Plan, I direct the percentage amounts as set out in this section be withheld by the Board from my current compensation amount with respect to my application in the Plan for the following school years: (not to exceed thirty-three and one third (33 and 1/3) percent In any one (1) year. First Year Second Year Third Year Fourth Year Fifth Year Or For All Years I understand that by written notice to the Board, one d) month before my anniversary in the Plan. I may alter the percentage amount for the next or subsequent years. A guide for deferral: Three Years 33.30% Five Years 20.00% Four Years 25.00% Six Years 16.67%
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FUNDING OF LEAVE OF ABSENCE. In accordance with Clause 3.1, I direct that the percentage amounts as set out in this clause (not to exceed thirty-three and one third (33 1/3) per cent) be withheld from my Current Compensation Amount with respect to my participation in the Plan for the following school years: First Year % Third Year % Second Year % Fourth Year % Or for All Years % On one occasion in any school year, the Participant may, by written notice to the Board, alter the percentage amounts for that or any subsequent year in accordance with Clause 3.1.
FUNDING OF LEAVE OF ABSENCE. In accordance with Clause 19.3.a of the Plan, I direct that the Board withhold per cent (not to exceed thirty-three and on third (33 1/3 ) per cent) of my current compensation amount during my participation in the plan. I understand that I may, by written notice given to the Board one (1) month prior to July 1 in any year alter the percentage amount for the next or subsequent years.
FUNDING OF LEAVE OF ABSENCE. In accordance with clause 3.1, I direct that the percentage amounts as set out in this clause be withheld from the Current Compensation Amount with respect to my participation in the Plan for the following school years: First Year % Fourth Year % Second Year % Fifth Year % Third Year % Sixth Year % In accordance with clause 3.2, the maximum percentage of Current Compensation Amount deferred in any one year cannot exceed 100 percent divided by the number of years in the Plan including the Leave of Absence year, without taking into account any deferral under clauses 4.4 and 4.5. Two Years Maximum 33 1/3% Five Years Maximum 20% Three Years Maximum 33 1/3% Six Years Maximum 16.67% Four Years Maximum 25% I may by written notice to the School Division given prior to September 1 in any given year alter the percentage amounts for that or any subsequent year. (Note: To be completed for the school year up to the school year in which the Leave of Absence specified in paragraph 4 above is to commence.)
FUNDING OF LEAVE OF ABSENCE. In accordance with Clause 3.1, I direct that the percentage amounts set out in this clause be deducted from my Current Compensation Amount and deposited on my behalf with respect to my participation in the plan for the following school years: Leave of Absence of one half of a school year or 6 months on 3 years Deduction: 16.67% of the annual salary  on 4 years Deduction: 12.50% of the annual salary  on 5 years Deduction: 10.00% of the annual salary  Leave of Absence of one school year or 12 months on 4 years Deduction: 25.00% of the annual salary  on 5 years Deduction: 20.00% of the annual salary 
FUNDING OF LEAVE OF ABSENCE. In accordance with Clause I direct that the percentage amounts set out in this clause be deducted from my Current Compensation Amount and deposited on my behalf with respect to my participation in the plan for the following school years: Leave of Absence of one half of a school year or months on years Deduction: of the annual salary on years Deduction: of the annual salary on years Deduction: of the annual salary Leave of Absence of one school year or months on years Deduction: of the annual salary on years Deduction: of the annual salary
FUNDING OF LEAVE OF ABSENCE. (Note: To be completed for the years up to the time in which the Leave of Absence specified in paragraph 2 above is to commence.) In accordance with Article 2, I direct that the percentage amounts as set out in this clause be withheld from my Current Compensation Amount with respect to my participation in the Plan for the following years: First Year Second Year Third Year Fourth Year Fifth Year Sixth Year Note: Not to exceed 33 1/3% of my current compensation amount. I may, by written notice to the School District given one month prior to the anniversary date of my participation in the Plan, alter the percentage amounts for the next or any subsequent year. Interest shall be calculated and credited to my account according to the Agreement between the Board and Concentra Trust.
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FUNDING OF LEAVE OF ABSENCE. In accordance with clause 3.1, I direct that the percentage amounts as set out in this clause be withheld from my Current Compensation Amount with respect to my participation in the Plan for the following school years: First Year % Third Year % Second Year % Fourth Year % Fifth Year % OR for all years % The participant may, by written notice to the Board, given prior to June 1st in any year, alter the percentage amounts for that or any subsequent year. (Note: To be completed for the school year up to the school year in which the Leave of Absence specified in paragraph 2 above is to commence.) As per clause 3.3 of the Plan, I agree that the Board, the Union and members of the committee are not liable for any investments made under the Plan. DATE: Participant's Name (Please Print) Participant’s Signature Address DATE: AGREED TO BY THE BOARD: Secretary-Treasurer Adopted: November 14, 1989 Reviewed: January 12, 2016

Related to FUNDING OF LEAVE OF ABSENCE

  • Educational Leave of Absence Leaves of absence may be granted up to six (6) months under the above provisions only if the course would be beneficial to both the University and the employee.

  • LEAVE OF ABSENCE With respect to the Award, the Company may, in its sole discretion, determine that if you are on leave of absence for any reason you will be considered to still be in the employ of, or providing services for, the Company, provided that rights to the Restricted Shares during a leave of absence will be limited to the extent to which those rights were earned or vested when the leave of absence began.

  • Union Leave of Absence An employee on an unpaid Union leave of absence shall have her wages, benefits and seniority continued by the Employer, and the Union agrees to reimburse the Employer for the costs of such wages and benefits. Employees requesting leave under this article will provide the Employer with as much advance notice as possible of the dates of the leave. Where there are less than fifteen (15) regular employees at a workstation at the time the leave request is submitted, and subject to operational requirements, unpaid Union leave of absence will be granted to one employee for the purpose of conducting Union business. This would be an additional person on Union leave at worksites where the position of the Union President or Council member has been backfilled for the duration of their term of office. A leave of absence without pay shall be granted to an employee who is a member of the Union and who is:

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