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
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
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