Sabbatical leave with deferred pay Sample Clauses

Sabbatical leave with deferred pay. Unless such a request creates major production constraints, the Company will allow employees to take a leave of absence with deferred pay on the terms described below: • In a department where more than fifty (50) employees are allocated to the same occupation, the Company may allow two (2) employees in this occupation to take a leave of absence. Despite the foregoing, if production so allows, the number of allowed leaves of absence may be more than one (1) in departments where there are less than fifty (50) employees in the same occupation or less than fifty (50) employees in the department. • The leave of absence with deferred pay must be for a period of at least six (6) consecutive months and of a maximum of one (1) year; • The leave of absence can be for a period of three (3) consecutive months providing the leave of absence is for education as provided under the Income Tax Regulations; • A minimum advance notice equivalent to the required period to accumulate the spreading revenue for the total period in the request is necessary. • An employee, who applies for an absence with deferred pay, may have to modify his scheduled absence if he changes department during the course of his notice period. In such case, the employee shall have the responsibility to notify his new Manager supervisor of his pending demands before accepting the transfer. If an employee is required by the Company to transfer between departments, this article will not apply and the employee will keep his leave with deferred pay as planned. • The terms of the spreading of the revenue will be discussed on an individual basis. However, in all cases, this spreading of the pay must be prior to the said leave of absence with deferred pay, but the spreading can in no way be more than thirty-three and one-third percent (33 1/3 %) of the annual salary.