Common use of Automatic Deposit Clause in Contracts

Automatic Deposit. All principals will have their paychecks automatically deposited in one or more financial institutions of their choosing by completing an auto-deposit form provided by the district. Automatic deposit will commence as soon as possible following the submission of an auto-deposit form.

Automatic Deposit. All Under normal circumstances, all principals will have their paychecks automatically deposited in one or more financial institutions of their choosing by completing an auto-deposit form provided by the district. Automatic deposit will commence as soon as possible following the submission of an auto-deposit form. A paycheck not processed as an automatic deposit will be mailed to the address of record.