Common Contracts
1 similar Salary Reduction Agreement contracts
Salary Reduction AgreementSalary Reduction Agreement • November 15th, 2012
Effective with compensation paid after the date of this agreement, the Employee's salary will be reduced so the part of Compensation which otherwise would be paid to the employee directly will instead, be contributed as an elective deferral under the terms and provisions of Section 403(b) of the United States Internal Revenue Code of 1986, as amended. For this purpose, the University is authorized to reduce the amount of the employee's biweekly base salary by $ or % as of .
