Contract

HOA CONTRACT 2018

ARTICLE IV. COMPENSATION-BENEFITS

SECTION H: PAYMENT TO ENCOURAGE SAVINGS

PARAGRAPH 48

48

Exceptions to this standard may apply in the event a House Officer's appointment is extended beyond the standard residency/fellowship program term or a House Officer resigns or is discharged from a residency/fellowship program. Extensions to one's standard residency/fellowship program could result from a paid leave, remediation, or elective research and are approved by Residency Review Committee or Program Board. In these cases, additional lump sum payment(s) will be paid out according to the following time frames:

Appointment extension (based on appointment year) Portion of lump sum payment paid out
12 months 100%
More than 6 and less than 12 months 50%
Less than or equal to 6 months 0%