Professional Funds Clause Samples
The 'Professional Funds' clause defines the types of investment funds that qualify as professional or institutional investors under the agreement. Typically, this clause outlines criteria such as regulatory status, minimum asset thresholds, or specific fund structures that must be met for a fund to be considered 'professional.' For example, it may specify that only funds registered with certain authorities or those managing assets above a set value are eligible. The core function of this clause is to ensure that only sophisticated, well-regulated entities participate, thereby managing risk and maintaining compliance with applicable laws.
Professional Funds. The District will place an additional $5,000 into the CMC pool each year for staff to attend professional development conferences, trainings and meetings that occur on school days scheduled outside the District. No more than $5,000 can be in a carry-over account. Application for use shall be made on forms developed in a sub-committee comprised of equal number of Association and District representatives and available on the first day of school. Participating teachers must submit completed forms to their immediate supervisor for approval. The supervisor will bring the completed form to the CMC committee for approval before the applicant attends such conference, meeting or training. The allocated monies will pay for substitute costs. Except at the discretion of the Superintendent/designee, no more than eight (8) employees shall be allowed to take leave on any one (1) day.
Professional Funds. Beginning September 1, 2018, the base contract pay for all employees includes added 7 compensation of $375 for the following purpose(s):
Professional Funds. Section 1. Professional Associations Fund 20 Section 2. Professional Conferences Fund 21
Professional Funds. 34 All Interpreters and LPNs shall have the opportunity to utilize up to $500 per year (September 1 – August
Professional Funds. Employees shall have $300 in 2012-13, 2013-14 and 2014-15, and $375 in 2015-16 21 and 2016-17 available for the following purpose(s):
Professional Funds. All Interpreters and LPNs shall have the opportunity to utilize up to $500 per year (September 1 – August 31) for costs related to job related in-service opportunities outside the regular workday. Such costs shall be preapproved by the Special Services Administrator and paid upon proof of attendance as reimbursement of documented expenses. Reimbursable costs may include registration fees, travel, certifications listed on the salary schedule, testing fees, LPN continuing education work, and other items as /mutually agreed by the Interpreters and the Special Services Administrator.
Professional Funds. The Board agrees to administer the distribution of all funds available for unionized support staff according to the terms of the Provincial Government’s announced development funding.