Common use of Withdrawing money Clause in Contracts

Withdrawing money. ▪ The employee can withdraw money from his or her account with the Time Savings Fund at any time. The construction site employee does this via an FNV or CNV Vakmensen trade union consultant. The uta employee arranges this via xxx.xxxxxxxxxxxxxxxxxx.xx. ▪ The amounts allocated to the components TSF Sustainable employability and TSF Banked Hours remain in the account until the employee uses these. ▪ If on 1 May the employee still has an amount allocated to TSF Holiday pay and/or TSF Days in his or her account, the Time Savings Fund will pay this amount out to the employee in that month. This is done automatically. ▪ If the employee would prefer to keep the amount allocated to TSF Holiday pay and/or TSF Days in his or her account after this time, the employee must make this known in advance. The construction site employee does this via an FNV or CNV Vakmensen trade union consultant. The uta employee arranges this via xxx.xxxxxxxxxxxxxxxxxx.xx.