The University will, within sixty (60) days of the President of the University signing this Collective Bargaining Agreement, make available a sum of ninety thousand ($90,000.00) dollars which shall be paid out in accord with this agreement. Moreover, it is understood that this payment resolves fully and completely SUP-02-4890 and any other related issues. All further funding of any payments related to wage reopener contained in the Collective Bargaining Agreement covering the term June 30, 1995 through June 30, 1998 shall be resolved through legislative appropriation only. These funds shall be divided as follows:

1. The sum of ninety thousand ($90,000) shall be divided by the number of full time equivalent employees in the bargaining unit represented by the University Staff Association/Massachusetts Teachers Association at the end of the first payroll period following the date of the President of the University signing this Collective Bargaining Agreement.
2. At such time as any retroactive wage increase resulting from this Collective Bargaining Agreement are paid at or anytime prior to that time, this fund shall be paid out prorated to all employees in the unit and on payroll on the date of payment, on the basis of what percentage of full time their service represents.
3. This payment shall be paid as a lump sum bonus subject only to tax withholdings to all persons on the payroll described above.