Common use of Payment of Administrative Fee Clause in Contracts

Payment of Administrative Fee. Administrative fees allocable to individual accounts of active clerical employees participating in the VEBA Plan shall be paid by the School District. Administrative fees allocable to individual accounts of active clerical employees who have accrued a balance in the VEBA Plan but change coverage, so that they are no longer entitled to School District contributions, shall be paid by the School District. Administrative fees allocable to the individual accounts of former clerical employees shall be paid by the former clerical employees. If the VEBA Plan is terminated or if School District contributions cease by agreement between the parties, administrative fees shall be paid by the School District if the clerical employee remains active. Once the employment relationship is discontinued, the former clerical employee will be responsible for the administrative fee.

Payment of Administrative Fee. Administrative fees allocable to individual accounts of active clerical building technology employees participating in the VEBA Plan shall be paid by the School District. Administrative fees allocable to individual accounts of active clerical building technology employees who have accrued a balance in the VEBA Plan but change coverage, so that they are no longer entitled to School District contributions, shall be paid by the School District. Administrative fees allocable to the individual accounts of former clerical building technology employees shall be paid by the former clerical employeesbuilding technology employee. If the VEBA Plan is terminated or if School District contributions cease by agreement between the parties, administrative fees shall be paid by the School District if the clerical building technology employee remains active. Once the employment relationship is discontinued, the former clerical building technology employee will be responsible for the administrative fee.

Payment of Administrative Fee. Administrative fees allocable to individual accounts of active clerical employees administrators participating in the VEBA Plan shall be paid by the School District. Administrative fees allocable to individual accounts of active clerical employees administrators who have accrued a balance in the VEBA Plan but change coverage, so that they are no longer entitled to School District contributions, shall be paid by the School District. Administrative fees allocable to the individual accounts of former clerical employees administrators shall be paid by the former clerical employeesadministrator. If the VEBA Plan is terminated or if School District contributions cease by agreement between the parties, administrative fees shall be paid by the School District if the clerical employee administrator remains active. Once the employment relationship is discontinued, the former clerical employee administrator will be responsible for the administrative fee.