Proposal for Pharmacist Salary Market Adjustment

Service Agreement: An agreement entered into by a Recipient and the NL Health Services, setting out the terms and conditions of the Funding and of the service obligation. [...] Payment to Recipient Once Medical Services receives the signed service agreement, they will notify NL Health Services as the paymaster for the Medical Resident Bursary Program to issue payment to the Recipient. [...] Recipients must notify in writing NL Health Services of the decision to terminate the service agreement at least three months prior to the termination date and arrange for repayment of the bursary in accordance with the service agreement. [...] In all instances where the Recipient will be charged interest under the service agreement, interest on the amount to be repaid by the Recipient will be calculated on the unfulfilled portion of the service obligation. [...] Interest on the amount to be repaid by the Recipient will be calculated retroactively from the date the money was advanced to or on behalf of the Recipient and will compound on the outstanding balance as of the end of each month.