SALARY AND RELATED BENEFITS Sample Clauses

SALARY AND RELATED BENEFITS. A. Salary
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SALARY AND RELATED BENEFITS. The person on sabbatical leave of absence shall receive one-half of the salary he/she would have received as a regular employee during the period he/she is on sabbatical leave. A sabbatical leave granted to an employee shall also operate as a leave without pay from all other school activities. Employee benefits will continue to be provided during the period of sabbatical leave. Employees on sabbatical leave are expected to devote their primary efforts to fulfilling the purposes for which leave is requested. Employees on sabbatical leave may receive an educational grant for further study from an institution of learning. Employees on sabbatical leave shall be entitled to tuition reimbursement benefits. An employee on sabbatical leave for professional development may request pre-approval of the Executive Director at his discretion for reimbursement of credits beyond the maximum number as provided in Article XI. The person on sabbatical leave shall continue his/her membership in the Public School EmployeesRetirement System. The Bucks IU shall pay into the retirement fund the full amount required by law on the employee’s full salary. The amount of contribution required to be paid by the employee shall be deducted from any compensation payable to the employee while on leave.
SALARY AND RELATED BENEFITS. 6.1 In return for fulfilling his Position and all his other duties according to this Agreement, the Employee will receive a global salary as detailed in Appendix A to this Agreement (hereinafter: "the Salary"), which specifies the salary and other benefits which the Employee will receive and which represents a notice of the Employee's employment terms based on the Employee Notification Law, 2002. It is hereby clarified that the Salary constitutes a gross overall salary and the Employee will not be entitled to any additional payment and/or benefit other than the Salary, unless explicitly stated otherwise in this Agreement and in Appendix A hereto.

Related to SALARY AND RELATED BENEFITS

  • Separation Compensation Pursuant to the terms of the Offer Letter, if You timely sign this Agreement and this Agreement becomes effective in accordance with Section 9 below, the Company will provide You with the Separation Compensation as defined and described in Attachment A to the Offer Letter within ten (10) days of the Effective Date (as defined below).

  • Post-Retirement Benefits The present value of the expected cost of post-retirement medical and insurance benefits payable by the Borrower and its Subsidiaries to its employees and former employees, as estimated by the Borrower in accordance with procedures and assumptions deemed reasonable by the Required Lenders is zero.

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