Common use of Transition Provisions Clause in Contracts

Transition Provisions. The purpose of the matching tax deferred savings plan is to replace the severance payment and post retirement District insurance contributions provided for in Articles IX and XVII of the Agreement.

Appears in 5 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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Transition Provisions. The purpose of the matching tax deferred savings plan is to replace the severance payment in Article XV. Employees with a seniority date prior to July 1, 2007, may irrevocably choose to participate in the matching tax deferred savings plan and post retirement District insurance contributions provided for in Articles IX and XVII thereby forfeit their rights to the severance benefits of the AgreementArticle XV.

Appears in 4 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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Transition Provisions. The purpose of the matching tax deferred savings plan is to replace the severance payment and post retirement District insurance contributions provided for in Articles IX and XVII of the AgreementMaster Contract.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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