Pay Out. At the commencement of the leave, the Employer shall pay to the participant the monies standing to the employee's credit less any premiums or contributions deducted for the year, except as may otherwise be mutually agreed, it being understood that interest is not earned in the year of leave.
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Pay Out. At the commencement of the leave, the Employer Empl xxxx shall pay to the participant the monies standing to the employee's credit less any premiums or contributions deducted for the year, except as may otherwise be mutually agreed, it being understood that interest is not earned in the year of leave.
Appears in 1 contract
Samples: Collective Agreement
