Common use of Withdrawal from the Plan Clause in Contracts

Withdrawal from the Plan. 11.11.9.1 A participant who ceases to be employed by the College must withdraw from the Plan. Also, under extenuating circumstances, a participant may withdraw from the plan upon giving at least one (1) month's notice of intent to do so. In both cases, the College shall immediately seek redemption from the investor of all monies held on behalf of the participant, and upon receipt, shall remit the full amount to the participant.

Appears in 7 contracts

Samples: Letter of Agreement, Letter of Agreement, Letter of Agreement

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Withdrawal from the Plan. 11.11.9.1 (a) A participant who ceases to be employed by the College must withdraw from the Plan. Also, under extenuating circumstances, a participant may withdraw from the plan upon giving at least one (1) month's notice of intent to do so. In both cases, the College shall immediately seek redemption from the investor of all monies held on behalf of the participant, and upon receipt, shall remit the full amount to the participant.

Appears in 6 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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