Common use of Compensation and Bond Clause in Contracts

Compensation and Bond. 18.2.6.1 Compensation for a faculty member on sabbatical leave shall be equivalent to one-half of the faculty member's yearly salary. The faculty member shall receive the benefit of any service increment and/or salary reclassification entitlement as if the faculty member had remained in active service. 18.2.6.2 Every faculty member, as a condition to being granted a leave, shall agree in writing to render a period of service in the employ of the District following his/her return from the leave of absence, which is equal to twice the period of the leave. Faculty members not completing the agreed upon service will be subject to the conditions set forth in 18.2.6.4 below. 18.2.6.3 The faculty member may elect to receive compensation under either of the following options: 18.2.6.3.1 Option 1 -- If the leave is for a period of one (1) year, the faculty member may receive compensation in two (2) equal installments at the end of the first and second year of service rendered in the District following return from leave; if the leave is for a period less than one (1) year, the faculty member may receive the total compensation at the end of the first year of service rendered in the District following return from leave. 18.2.6.3.2 Option 2 -- Regardless of the length of leave, the faculty member may receive compensation in the same manner as if he/she had remained in active service. 18.2.6.4 The faculty member who elects Option 2 must post a bond in an amount equal to the faculty member’s contract salary while on sabbatical leave indemnifying the District against loss in the event the faculty member fails to render the agreed-upon period of service in the employ of the District upon return of the faculty member from the leave of absence, or if he/she fails to meet the provisions of 18.

Compensation and Bond. 18.2.6.1 Compensation for a faculty member on sabbatical leave shall be equivalent to one-half of the faculty member's yearly salary. The faculty member shall receive the benefit of any service increment and/or salary reclassification entitlement as if the faculty member had remained in active service. 18.2.6.2 Every faculty member, as a condition to being granted a leave, shall agree in writing to render a period of service in the employ of the District following his/her return from the leave of absence, which is equal to twice the period of the leave. Faculty members not completing the agreed upon service will be subject to the conditions set forth in 18.2.6.4 Section 4 below. 18.2.6.3 The faculty member may elect to receive compensation under either of the following options: 18.2.6.3.1 Option 1 -- If the leave is for a period of one (1) year, the faculty member may receive compensation in two (2) equal installments at the end of the first and second year of service rendered in the District following return from leave; if the leave is for a period less than one (1) year, the faculty member may receive the total compensation at the end of the first year of service rendered in the District following return from leave. 18.2.6.3.2 Option 2 -- Regardless of the length of leave, the faculty member may receive compensation in the same manner as if he/she had remained in active service. 18.2.6.4 The faculty member who elects Option 2 must post a bond in an amount equal to the faculty member’s member‟s contract salary while on sabbatical leave indemnifying the District against loss in the event the faculty member fails to render the agreed-upon period of service in the employ of the District upon return of the faculty member from the leave of absence, or if he/she fails to meet the provisions of 18.

Compensation and Bond. 18.2.6.1 Compensation for a faculty member on sabbatical leave shall be equivalent to one-half of the faculty member's yearly salary. The faculty member shall receive the benefit of any service increment and/or salary reclassification entitlement as if the faculty member had remained in active service. 18.2.6.2 Every faculty member, as a condition to being granted a leave, shall agree in writing to render a period of service in the employ of the District following his/her return from the leave of absence, which is equal to twice the period of the leave. Faculty members not completing the agreed upon service will be subject to the conditions set forth in Section 4 18.2.6.4 below. 18.2.6.3 The faculty member may elect to receive compensation under either of the following options: 18.2.6.3.1 Option 1 -- If the leave is for a period of one (1) year, the faculty member may receive compensation in two (2) equal installments at the end of the first and second year of service rendered in the District following return from leave; if the leave is for a period less than one (1) year, the faculty member may receive the total compensation at the end of the first year of service rendered in the District following return from leave. 18.2.6.3.2 Option 2 -- Regardless of the length of leave, the faculty member may receive compensation in the same manner as if he/she had remained in active service. 18.2.6.4 The faculty member who elects Option 2 must post a bond in an amount equal to the faculty member’s contract salary while on sabbatical leave indemnifying the District against loss in the event the faculty member fails to render the agreed-upon period of service in the employ of the District upon return of the faculty member from the leave of absence, or if he/she fails to meet the provisions of 18.