Common use of Early Notification of Termination Payment Clause in Contracts

Early Notification of Termination Payment. The Board agrees to provide payment to any teacher, whether active or on leave, who submits to the Board his/her written notice of retirement or resignation effective at the conclusion of the current school year. This payment shall be prorated for part-time teachers and shall be made in one of the following amounts dependent upon when the written notice was submitted. 1) Not later than February 1 - $1,000 2) Not later than March 21 - $500

Appears in 4 contracts

Samples: Master Agreement, Master Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs

Early Notification of Termination Payment. The Board agrees to provide payment to any teacher, whether active or on leave, who submits to the Board his/her written notice of retirement or resignation effective at the conclusion of the current school year. This payment shall be prorated for part-time teachers and shall be made in one of the following amounts dependent upon when the written notice was submitted. 1) Not later than February 1 - $1,000 1,000 2) Not later than March 21 - $500

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs

Early Notification of Termination Payment. The Board agrees to provide payment to any teacher, whether active or on paid leave, who submits to the Board his/her written notice of retirement or resignation effective at the conclusion of the current school year. This payment shall be prorated for part-time teachers and shall be made in one of the following amounts dependent upon when the written notice was submitted. 1) Not later than February 1 - $1,000 2) Not later than March 21 - $500

Appears in 1 contract

Samples: Master Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!