MEMORANDUM OF AGREEMENT RE DEFERRED SALARY LEAVE
I have read the terms and conditions of Deferred Salary Leave Plan and hereby agree to enter the Plan under the following terms and conditions:
(1) ENROLMENT DATE:
I wish to enroll in the Deferred Salary Leave Plan commencing _______________________________ .
(2) YEAR OF LEAVE:
I shall take my leave of absence from the ___________________________________ School Board from ____________________ to ______________________________.
(3) FINANCIAL ARRANGEMENTS:
The financing of my participation in the Deferred Salary Leave Plan shall be according to the following schedule:
(a) two out of three years _______________________________________
(b) three out of four years _______________________________________
(c) four out of five years ________________________________________