Common use of Request for Vote Clause in Contracts

Request for Vote. Any Faculty member who has accrued leave and intends to retire may submit a written request to the Vice President for Human Resources and the PCFT President on or before December 1 requesting a vote of eligible Faculty intending to retire in the next calendar year in order to determine if a majority would prefer to “opt out” of the VEBA Medical Expense Plan for that year. Human Resources will conduct a vote of eligible Faculty to determine if there is a majority desire to contribute to VEBA. Such vote will be binding on all eligible Faculty who retire after the date of the vote until December 31 of that year and thereafter unless another written request for a vote is made in the same manner as set out above and the majority desire a change.

Request for Vote. Any Faculty faculty member who has accrued leave and intends to retire may submit a written request to the Vice President vice president for Human Resources human resources and the PCFT President president on or before December 1 requesting a vote of eligible Faculty faculty intending to retire in the next calendar year in order to determine if a majority would prefer to “opt out” of the VEBA Medical Expense Plan for that year. Human Resources will conduct a vote of eligible Faculty faculty to determine if there is a majority desire to contribute to VEBA. Such vote will be binding on all eligible Faculty faculty who retire after the date of the vote until December 31 of that year and thereafter unless another written request for a vote is made in the same manner as set out above and the majority desire a change.