Locking Policies

GFAVIP Vault supports multiple locking policies for different mini-applications. Review the policies that may apply to your agreement below.

Standard percentage-based withholding for new teachers

Policy Type

percentage

Key Terms
Withhold Percentage:
20%
Minimum USD:
$10
Cap USD:
$50
Duration:
6 Months

Trust Fund policy for class.gfavip.com teachers - security deposit for service continuity

Policy Type

trust_fund

Key Terms
Total Goal:
100 Gems
Monthly Deduction:
10 Gems
Duration:
10 Months
Deduction Timing:
First Cut Off Monthly
Min Earnings Threshold:
$50 USD
Release Conditions
  • Formal Resignation
  • 30 Day Notice Completion
  • Offboarding Requirements Met
Forfeiture Conditions
  • Absent Without Leave
  • Failure To Give 30 Day Notice
Questions?

If you have questions about which policy applies to your agreement, please: