Professional Allowance Fund Clause Samples

Professional Allowance Fund. On each July 1st OC shall deposit the sum of $35,000 into a jointly administered fund to be known as the Professional Allowance Fund. Any interest earned on the money in the fund shall accrue to the fund and any money remaining in the fund at the end of the fiscal year shall stay in the fund for subsequent use of the fund.

Professional Allowance Fund. (a) A professional allowance fund will be provided annually by the Board and will be approved by the Divisional Chair of the member and the Academic ▇▇▇▇. Subject to overall budgetary considerations, the amount provided will recognize the special situation which exists at Algoma. This includes its geographical situation and the real necessity for faculty at a small institution to maintain scholarly contact with colleagues elsewhere. In general, therefore, the Board will seek to provide a higher travel allotment than might be customary in the Province and certainly one in keeping with other northern institutions. (b) All full-time faculty members are eligible to apply for funds, including those absent from Algoma University on sabbatical leave and members on maternity and parental leave. Members on medical leave or leave without pay in excess of six months will not be eligible for the corresponding amounts of the professional allowance fund, or for application to the AU Research Fund. Special consideration may be given, in this case, through the mutual agreement of the University and the Faculty Association.

Professional Allowance Fund. ‌ 20.01 A Professional Allowance Fund (PAF) of $5,000.00 shall be established at the beginning of each season of this agreement. Each Tenured Musician shall be eligible to apply for up to $1000 per season for professional development, or for up to $1000 over three (3) seasons.

Professional Allowance Fund. A professional allowance fund will be provided annually by the Board and will be approved by the Divisional Chair of the member and the Academic ▇▇▇▇. Subject to overall budgetary considerations, the amount provided will recognize the special situation which exists at Algoma. This includes its geographical situation and the real necessity for faculty at a small institution to maintain scholarly contact with colleagues elsewhere. In general, therefore, the Board will seek to provide a higher travel allotment than might be customary in the Province and certainly one in keeping with other northern institutions.