Common use of Withdrawal, Redundancy and Death Clause in Contracts

Withdrawal, Redundancy and Death. (a) A participating teacher may not withdraw from the plan on or after March 15th of the year in which the leave is to commence. (b) A participating teacher may withdraw from the plan at any time prior to March 15th of the year in which the leave is to commence by delivering written notice of withdrawal to the Superintendent on the administering committee. (c) A participating teacher who becomes redundant prior to the commencement of leave under this plan shall be deemed to have withdrawn from the plan. (d) A participating teacher who withdraws from the plan under the circumstances of (b) or (c) shall receive the sum accumulated in the trust including any interest accrued thereon within ninety (90) days of withdrawal. (e) The estate of a participating teacher who dies before the commencement of leave under this plan shall receive the sum accumulated in the trust including any interest accrued thereon within ninety (90) days of receipt of a copy of the death certificate by the Superintendent on the administering committee. (f) A participating teacher who becomes redundant after the commencement of leave under this plan shall receive any amount remaining in the trust including accrued interest. The participating teacher remains obligated to repay any amounts received in excess of the sum accumulated in the trust including any interest thereon. (g) The estate of a participating teacher who dies after commencement of leave under this plan shall receive any amount remaining in the trust including interest accrued thereon within ninety (90) days of receipt of a copy of the death certificate by the Superintendent on the administering committee.

Withdrawal, Redundancy and Death. (ai) A participating teacher employee may not withdraw from the plan on or after March 15th of the school year in which the leave is to commence. (bii) A participating teacher employee may withdraw from the plan at any time prior to March 15th of the school year in which the leave is to commence by delivering written notice of withdrawal to the Superintendent on the administering committeeAdministering Committee. (cb) A participating teacher employee who becomes redundant (laid off) prior to the commencement of leave under this plan shall be deemed to have withdrawn from the plan. (dc) A participating teacher employee who withdraws from the plan under the circumstances of Clause L28.9 (ba) (ii) or (cb) shall receive the sum accumulated in the trust including any interest accrued thereon within ninety (90) days of withdrawal. (ed) The estate of a participating teacher employee who dies before the commencement of leave under this plan shall receive the sum accumulated in the trust including any interest accrued thereon within ninety (90) days of receipt of a copy of the death certificate by the Superintendent on the administering committeeSuperintendent. (fe) A participating teacher employee who becomes redundant after the commencement of leave under this plan shall receive any amount remaining in the trust including accrued interest. The participating teacher employee remains obligated to repay any amounts received in excess of the sum accumulated in the trust including any interest thereon. (gf) The estate of a participating teacher employee who dies after commencement of leave under this plan shall receive any amount remaining in the trust including interest accrued thereon within ninety (90) days of receipt of a copy of the death certificate by the Superintendent on the administering committeeAdministering Committee.

Withdrawal, Redundancy and Death. (ai) A participating teacher may not withdraw from the plan on or after March 15th of the school year in which the leave is to commence. (bii) A participating teacher may withdraw from the plan at any time prior to March 15th of the school year in which the leave is to commence by delivering written notice of withdrawal to the Superintendent on the administering committeeAdministering Committee. (cb) A participating teacher who becomes redundant prior to the commencement of leave under this plan shall be deemed to have withdrawn from the plan. (dc) A participating teacher who withdraws from the plan under the circumstances of Clause L29.9 (ba) (ii) or (cb) shall receive the sum accumulated in the trust including any interest accrued thereon within ninety (90) days of withdrawal. (ed) The estate of a participating teacher who dies before the commencement of leave under this plan shall receive the sum accumulated in the trust including any interest accrued thereon within ninety (90) days of receipt of a copy of the death certificate by the Superintendent on the administering committeeAdministering Committee. (fe) A participating teacher who becomes redundant after the commencement of leave under this plan shall receive any amount remaining in the trust including accrued interest. The participating teacher remains obligated to repay any amounts received in excess of the sum accumulated in the trust including any interest thereon. (gf) The estate of a participating teacher who dies after commencement of leave under this plan shall receive any amount remaining in the trust including interest accrued thereon within ninety (90) days of receipt of a copy of the death certificate by the Superintendent on the administering committeeAdministering Committee.

Withdrawal, Redundancy and Death. (a) A participating teacher employee may not withdraw from the plan on or after March 15th within six (6) months of the year in which date that the leave is to commence. (b) . A participating teacher employee may withdraw from the plan at any time prior to March 15th of six (6) months before the year in which date the leave is to commence by delivering written notice of withdrawal to the Superintendent Administrator on the administering committeeAdministrating Committee. (cb) A participating teacher employee who becomes redundant prior to the commencement of leave under this plan shall be deemed to have withdrawn from the plan. (dc) A participating teacher employee who withdraws from the plan under the circumstances of clause 31.09 (ba) or (cb) shall receive the sum accumulated in the trust including any interest accrued thereon therein within ninety (90) days of withdrawal. (ed) The estate of a participating teacher employee who dies before the commencement of leave under this plan shall receive the sum accumulated in the trust including any interest accrued thereon therein within ninety (90) days of receipt of a copy of the death certificate by the Superintendent Administrator on the administering committeeAdministering Committee. (fe) A participating teacher employee who becomes redundant after the commencement of leave under this plan shall receive any amount remaining in the trust including accrued interest. The participating teacher employee remains obligated to repay any amounts received in excess of the sum accumulated in the trust including any interest thereontherein. (gf) The estate of a participating teacher employee who dies after commencement of leave under this plan shall receive any amount remaining in the trust including interest accrued thereon therein within ninety (90) days of receipt of a copy of the death certificate by the Superintendent Administrator on the administering committeeAdministering Committee.

Withdrawal, Redundancy and Death. (a) A participating teacher employee may not withdraw from the plan on or after March 15th within six (6) months of the year in which date that the leave is to commence. (b) . A participating teacher employee may withdraw from the plan at any time prior to March 15th of six (6) months before the year in which date the leave is to commence by delivering written notice of withdrawal to the Superintendent Administrator on the administering committeeAdministrating Committee. (cb) A participating teacher employee who becomes redundant prior to the commencement of leave under this plan shall be deemed to have withdrawn from the plan. (dc) A participating teacher employee who withdraws from the plan under the circumstances of clause L31.9 (ba) or (cb) shall receive the sum accumulated in the trust including any interest accrued thereon therein within ninety (90) days of withdrawal. (ed) The estate of a participating teacher employee who dies before the commencement of leave under this plan shall receive the sum accumulated in the trust including any interest accrued thereon therein within ninety (90) days of receipt of a copy of the death certificate by the Superintendent Administrator on the administering committeeAdministering Committee. (fe) A participating teacher employee who becomes redundant after the commencement of leave under this plan shall receive any amount remaining in the trust including accrued interest. The participating teacher employee remains obligated to repay any amounts received in excess of the sum accumulated in the trust including any interest thereontherein. (gf) The estate of a participating teacher employee who dies after commencement of leave under this plan shall receive any amount remaining in the trust including interest accrued thereon therein within ninety (90) days of receipt of a copy of the death certificate by the Superintendent Administrator on the administering committeeAdministering Committee.

Withdrawal, Redundancy and Death. (ai) A participating teacher employee may not withdraw from the plan on or after March 15th of the school year in which the leave is to commence. (bii) A participating teacher employee may withdraw from the plan at any time prior to March 15th of the school year in which the leave is to commence by delivering written notice of withdrawal to the Superintendent on the administering committeeAdministering Committee. (cb) A participating teacher employee who becomes redundant prior to the commencement of leave under this plan shall be deemed to have withdrawn from the plan. (dc) A participating teacher employee who withdraws from the plan under the circumstances of Clause L28.9 (ba) (ii) or (cb) shall receive the sum accumulated in the trust including any interest accrued thereon within ninety (90) days of withdrawal. (ed) The estate of a participating teacher employee who dies before the commencement of leave under this plan shall receive the sum accumulated in the trust including any interest accrued thereon within ninety (90) days of receipt of a copy of the death certificate by the Superintendent on the administering committeeSuperintendent. (fe) A participating teacher employee who becomes redundant after the commencement of leave under this plan shall receive any amount remaining in the trust including accrued interest. The participating teacher employee remains obligated to repay any amounts received in excess of the sum accumulated in the trust including any interest thereon. (gf) The estate of a participating teacher employee who dies after commencement of leave under this plan shall receive any amount remaining in the trust including interest accrued thereon within ninety (90) days of receipt of a copy of the death certificate by the Superintendent on the administering committeeAdministering Committee.

Withdrawal, Redundancy and Death. (a) A participating teacher employee may not withdraw from the plan on or after March 15th within six (6) months of the year in which date that the leave is to commence. (b) A participating teacher employee may withdraw from the plan at any time prior to March 15th of six (6) months before the year in which date the leave is to commence by delivering written notice of withdrawal to the Superintendent on the administering committeeAdministering Committee. (c) A participating teacher employee who becomes redundant prior to the commencement of leave under this plan shall be deemed to have withdrawn from the plan. (d) A participating teacher employee who withdraws from the plan under the circumstances of (b) or (c) above, shall receive the sum accumulated in the trust including any interest accrued thereon thereof within ninety (90) calendar days of withdrawal. (e) The estate of a participating teacher employee who dies before the commencement of leave under this plan shall receive the sum accumulated in the trust including any interest accrued thereon therein within ninety (90) calendar days of receipt of a copy of the death certificate by the Superintendent on the administering committeeAdministering Committee. (f) A participating teacher employee who becomes redundant after the commencement of leave under this plan shall receive any amount remaining in the trust including accrued interest. The participating teacher employee remains obligated to repay any amounts received in excess of the sum accumulated in the trust including any interest thereontherein. (g) The estate of a the participating teacher employee who dies after commencement of leave under this plan shall receive any amount remaining in the trust including interest accrued thereon therein within ninety (90) calendar days of receipt of a copy of the death certificate by the Superintendent on the administering committeeAdministering Committee.