Common use of Sabbatical Backlog Fund Clause in Contracts

Sabbatical Backlog Fund. The parties agree to establish and maintain a sabbatical backlog fund in the amount of four hundred twenty thousand dollars ($420,000.00). The purpose of this fund is to support additional sabbatical leaves beyond those generated by the formula at colleges with a significant backlog of eligible applicants. Each year, following the awarding of sabbatical leaves through the process set forth in Section 4., Subd. 1., colleges with two or more approved applicants who did not receive sabbatical leaves are eligible for these funds.

Appears in 4 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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