Funding Provision. If the District closes its schools because of lack of funds, no member of the Bargaining Unit shall be entitled to any of the direct or indirect monetary benefits provided in this Agreement while the schools are closed. No direct or indirect monetary benefits shall accrue to members of the Bargaining Unit while the schools are closed, except that members of the Bargaining Unit may elect to pay the premium of the insurance provided in this Agreement (in accordance with the Consolidated Omnibus Budget Reconciliation Act (COBRA).
Appears in 7 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
