Common use of Notice and Audit Clause in Contracts

Notice and Audit. MSEA-SEIU shall calculate the amount of the fee after the close of its annual audit, based on the expenditures incurred during the most recent fiscal year. That calculation shall also be audited to verify that the union's records have actually been audited; have been correctly reproduced from the audit report, and that the union has performed any mathematical adjustments correctly. The fee will be effective on the first payday after the audit is complete and notices are provided to employees. MSEA-SEIU shall prepare a notice, consistent with applicable law, to all employees covered by this Agreement. Such notice shall be updated annually and shall explain the choices and indicate that the sums determined to be the service fee were audited by an independent auditor based on the union's financial records for its most recent fiscal year. The notices shall, at a minimum, identify the major categories of expenses, as reflected in the audit, and identify whether each expense will be included in the service fee, identify the auditor(s), and include the opinion of each audit, including the opinion included in any adjusted audit(s). The Maine Community College System agrees to distribute this notice and dues deduction forms, provided by MSEA- SEIU, to new employees at the time they are hired. MSEA-SEIU shall provide notices required by law to all current bargaining unit employees.

Notice and Audit. MSEA-SEIU shall calculate the amount of the fee after the close of its annual audit, based on the expenditures incurred during the its most recent fiscal yearavailable audited records. That calculation shall also be audited to verify that the union's records have actually been audited; have been correctly reproduced from the audit report, and that the union has performed any mathematical adjustments correctly. The fee will be effective on the first payday after the audit is complete and notices are provided to employees. MSEA-SEIU shall prepare a notice, consistent with applicable law, to all employees covered by this Agreement. Such notice shall be updated annually and shall explain the choices and indicate that the sums determined to be the service fee were audited by an independent auditor based on the union's financial records for its most recent fiscal year. The notices shall, at a minimum, identify the major categories of expenses, as reflected in the audit, and identify whether each expense will be included in the service fee, identify the auditor(s), and include the opinion of each audit, including the opinion included in any adjusted audit(s). The Maine Community College System MMA agrees to distribute this notice and dues deduction forms, provided by MSEA- MSEA-SEIU, to new employees at the time they are hired. MSEA-SEIU shall provide notices required by law to all current bargaining unit employees.

Notice and Audit. MSEA-SEIU shall calculate the amount of the fee after the close of its annual audit, based on the expenditures incurred during the most recent fiscal year. That calculation shall also be audited to verify that the union's records have actually been audited; have been correctly reproduced from the audit report, and that the union has performed any mathematical adjustments correctly. The fee will be effective on the first payday pay day after the audit is complete and notices are provided to employees. MSEA-SEIU shall prepare a notice, consistent with applicable law, to all employees covered by this Agreement. Such notice shall be updated annually and shall explain the choices and indicate that the sums determined to be the service fee were audited by an independent auditor based on the union's financial records for its most recent fiscal year. The notices shall, at a minimum, identify the major categories of expenses, as reflected in the audit, and identify whether each expense will be included in the service fee, identify the auditor(s), and include the opinion of each audit, including the opinion included in any adjusted audit(s). The Maine Community College System State agrees to distribute this notice and dues deduction forms, provided by MSEA- MSEA-SEIU, to new employees at the time they are hired. MSEA-SEIU shall provide notices required by law to all current bargaining unit employees.