|Re: Leave of Absence||<– Date –> <– Thread –>|
|From: Rob Sandelin (robsanmicrosoft.com)|
|Date: Mon, 15 Aug 94 15:02 CDT|
At Sharingwood we are just finishing up our options agreement for phase II which is a legal agreement for people to buy into our second phase of development. In this document we set up a work commitment as part of the unit selection queue. Your place in the unit selection queue is determined by 1. The date of your capital contribution and 2. The fulfillment of the work commitment. Those who do not fulfill the work commitment go to the end of the line below those who do. What this means is that people who put in the hours and hours of work get one small benefit for that over those who don't, the ability to choose a lot first. This way absentee members and people who don't participate get last pick of available lots. The work commitment idea would allow someone to take a "leave of absence" within a year, with no damage to their status as long as they met the work commitment requirement during that year. (40 hours - which is pretty trivial really) Rob Sandelin Sharingwood
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