Common use of Option 3 Clause in Contracts

Option 3. A member of the bargaining unit may request his/her pay to be computed and paid in twenty-four (24) equal installments. These pays will start on the first scheduled payday of the school year and continue on every payday until paid in full. The pays will occur on the 1st and 15th day of each month.

Option 3. A member of the bargaining unit may request his/her pay to be computed and paid in twenty-four six (2426) equal installments. These pays will start on the first scheduled payday of the school year and continue on every payday other Friday until paid in full. The pays will occur on the 1st and 15th day of each month.

Option 3. A member of the bargaining unit may request his/her pay to be computed and paid in twenty-four six (2426) equal installments. These pays will start on the first scheduled payday of the school year and continue on every payday until paid in full. Beginning September 2016, this option will convert to twenty-four (24) equal installments. The pays will occur on the 1st and 15th day of each month.