Release Time for Local President. The University will grant 100% release time to the Local President in order that they may conduct business on behalf of the Local Union. The Union will reimburse the University for 50% of the cost of the total compensation, as set by the Local Union but not to exceed the maximum annual salary as outlined in the Salary Grid, associated with the Local President’s release time on or before the 15th of the month preceding the employee’s pay date. The University will provide the Union with an invoice for the amount to be paid on or before the first of the month. Seniority, as well as service, will continue to accrue during such leaves for all service-related entitlements. In the event the President does not return to their position following the conclusion of their release time, or their position is declared redundant, they will receive Indefinite Layoff and Redeployment in accordance with Article 18.26 – 18.34 of the Collective Agreement. They will receive Severance Pay in accordance with Appendix F and will cease employment with the University if their notice period expires and they have not successfully redeployed; however, they may defer their severance payment indefinitely and remain in the redeployment pool, without pay, and retain the right to apply for posted positions pursuant to Article 18.29, until they:
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
