Common use of Wage Loss Replacement Plan Clause in Contracts

Wage Loss Replacement Plan. i) The Employees acknowledge the Board's Wage Loss Replacement Plan and its registration with Human Resources Development Canada, which results in a reduction in Employment Insurance Premiums. ii) The Employees agree that the net savings arising from the reduction in premiums have been used to share equally in the funding of an Employee Assistance Programme and that this practice will continue. iii) The Employees agree that, after funding the above-noted programme and fees, any unused balance will be proportionately distributed as follows: Board Share = 7/12 Employee Share = 5/12 iv) The parties agree to re-calculate the percentages based on current Employee numbers in each Employee group as at February 1st of each year.

Wage Loss Replacement Plan. i) The Employees employees acknowledge the Board's Wage Loss Replacement Plan and its registration with Human Resources Development Canada, which results in a reduction in Employment Insurance Premiumsemployment insurance premiums. ii) The Employees employees agree that the net savings arising from the reduction in premiums have has been used to share equally in the funding of an Employee Assistance Programme and for the fees of a Benefit Consultant, and that this practice will continue. iii) The Employees employees agree that, effective January 1, 1998, after funding the above-noted programme and fees, any unused balance will be proportionately distributed as follows: Board Share = 7/12 Employee Share = 5/12 iv) The parties agree to re-calculate the percentages based on current Employee employee numbers in each Employee employee group as at February 1st 1 of each year.

Wage Loss Replacement Plan. i) The Employees acknowledge the Board's Wage Loss Replacement Plan and its registration with Human Resources Development Canada, which results in a reduction in Employment Insurance Premiums. ii) The Employees agree that the net savings arising from the reduction in premiums have has been used to share equally in the funding of an Employee Assistance Programme and that this practice will continue. iii) The Employees agree that, after funding the above-noted programme and fees, any unused balance will be proportionately distributed as follows: Board Share = 7/12 Employee Share = 5/12 iv) The parties agree to re-calculate the percentages based on current Employee numbers in each Employee group as at February 1st of each year.

Wage Loss Replacement Plan. i) The Employees employees acknowledge the Board's Wage Loss Replacement Plan and its registration with Human Resources Development Canada, which results in a reduction in Employment Insurance Premiums. ii) The Employees employees agree that the net savings arising from the reduction in premiums have has been used to share equally in the funding of an Employee Assistance Programme and that this practice will continue. iii) The Employees employees agree that, effective January 1, 1998, after funding the above-noted programme and fees, any unused balance will be proportionately distributed as follows: Board Share = 7/12 Employee Share = 5/12 iv) The parties agree to re-calculate the percentages based on current Employee employee numbers in each Employee employee group as at February 1st of each year.

Wage Loss Replacement Plan. i) The Employees employees acknowledge the Board's ’s Wage Loss Replacement Plan and its registration with Human Resources Development Canada, which results in a reduction in Employment Insurance Premiumsemployment insurance premiums. ii) The Employees employees agree that the net savings arising from the reduction in premiums have has been used to share equally in the funding of an Employee Assistance Programme and for the fees of a Benefit Consultant, and that this practice will continue. iii) The Employees employees agree that, effective January 1, 1998, after funding the above-noted programme and fees, any unused balance will be proportionately distributed as follows: Board Share = 7/12 Employee Share = 5/12 iv) The parties agree to re-calculate the percentages based on current Employee employee numbers in each Employee employee group as at February 1st 1 of each year.

Wage Loss Replacement Plan. i) The Employees employees acknowledge the Board's Wage Loss Replacement Plan and its registration with Human Resources Development Canada, which results in a reduction in Employment Insurance Premiums. ii) The Employees employees agree that the net savings arising from the reduction in premiums have been used to share equally in the funding of an Employee Assistance Programme and that this practice will continue. iii) The Employees employees agree that, effective January 1, 1998, after funding the above-noted programme and fees, any unused balance will be proportionately distributed as follows: Board Share = 7/12 Employee Share = 5/12 iv) The parties agree to re-calculate the percentages based on current Employee employee numbers in each Employee employee group as at February 1st of each year.