Common use of Summer Pay Plan Clause in Contracts

Summer Pay Plan. Each employee may individually elect to have ten percent (10%) of his monthly salary deducted from his pay. These funds shall be paid to the employee or his estate on the final pay day in June or, according to a schedule of payments throughout the summer as requested by the teacher, or upon death or termination of employment, if earlier.

Summer Pay Plan. Each employee paid on a ten (10) month basis may individually elect elect, in writing, to have ten percent (10%) a portion of his monthly his/her salary deducted from his his/her pay. These funds shall be paid to the employee or his estate on the final pay day in June or, according to a schedule of payments throughout the summer as requested by the teacher, or upon death or termination of employment, if earlier.

Summer Pay Plan. Each employee may individually elect to have ten percent (10%) of his monthly salary deducted from his pay. These funds shall be paid to the employee or his estate on the final pay day in June orJune, or according to a schedule of payments throughout the summer as requested by the teacher, or upon death or termination of employment, if earlier.