28. The salary of an assistant president and executive director, appointed to a position of senior administrator or officer in a lower evaluation class is either reduced, if needed, to the maximum for the salary class of the new position, or maintained, if his or her salary is already within the range of the new salary class.
Where the salary of an assistant president and executive director is decreased following such an appointment,(a) the assistant president and executive director receives as a lump sum the total difference between the salary the assistant president and executive director received prior to the appointment and the new salary the assistant president and executive director is entitled to for the first 3 years following the new appointment;
(b) the assistant president and executive director receives in the same manner two thirds of the difference between the salary the assistant president and executive director received prior to the appointment and the new salary the assistant president and executive director is entitled to for the fourth year, during that fourth year;
(c) the assistant president and executive director receives in the same manner one third of the difference between the salary the assistant president and executive director received prior to the appointment and the new salary the assistant president and executive director is entitled to for the fifth year, during that fifth year.