Manner of Payment During Leave. The time and manner of payment to the participant by the Board during the leave of absence shall be in accordance with a plan determined by the participant prior to the commencement of the leave, but in any event, payments shall be provided monthly and all amounts payable shall be paid to the participant no later than the end of the first taxation year that commences after the end of the deferral period.
Manner of Payment During Leave. The manner of payment to the Participant during the Leave of Absence shall be in installments commencing September 30th, being approximately equal to one-twelfth (1/12th )of the monies held by the Employer for the Participant in accordance with clause
Manner of Payment During Leave. Each Participant will, not less than 30 days before his Leave of Absence, by notice given to the Company elect to receive, subject to section 4.3,
b) i) his Earned Income Amount at the end of his Deferral Period as a lump sum payment upon commencement of the Leave of Absence, and
Manner of Payment During Leave. The time and manner of payment to the participant during the leave of absence shall be in installments commencing one month following the start of the leave of absence, being applied equal to one-twelfth of the monies held by the Board for the participant, determined at the beginning of the leave of absence. In no event shall payment be made more frequently than monthly and all of the Deferred Compensation Amount will be paid to the participant no later than the end of the first taxation year of the year that commences after the end of the deferral period.
Manner of Payment During Leave. The time and manner of payment to the participant during the leave of absence shall be in accordance with a plan determined by the participant prior to the commencement of leave, but in any event payments shall not be more frequently than provided for the payment of salaries under the agreement(s).
