Employment and Compensation. The following terms and conditions will govern the Executive’s employment with the Company throughout the Term.
Employment and Compensation. 1. The Board hereby employs the Principal for two (2) years, commencing on July 1, 2012, and terminating on June 30, 2014. The salary for the period July 1, 2012 through June 30, 2013 shall be Ninety Four Thousand Six hundred Eight dollars and Six cents. ($94,608.06). The salary for the period July 1, 2013 through June 30, 2014 shall be Ninety Six Thousand Five Hundred dollars and Twenty-Two cents ($96,500.22). The salary shall be payable in equal installments in accordance with the rules of the Board governing payments of other administrative staff members in the District. The Principal hereby accepts employment upon the terms and conditions hereinafter set forth.
2. In addition to the annual salary stated in paragraph A.1 of this contract, the Board shall pay on behalf of the Principal to the State of Illinois Teachers’ Retirement System, 85% of required contributions to said pension system. The Principal shall not have any right or claim to said amounts, except as they may become available at the time of retirement or resignation from the State of Illinois Teachers’ Retirement System. Both parties acknowledge that the Principal did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the Teachers’ Retirement System, and further acknowledge that such contributions are made as a condition of employment to secure the Principal’s future services, knowledge and experience.
3. Any salary or other adjustment or modification made during the life this contract shall be in the form of a written amendment and shall become a part of this contract, but such adjustment or modification shall not be construed as a new contract with the Principal, nor as an extension of the termination date of this contract.
4. During the term of this contract, the Principal shall hold a valid and properly registered certificate issued by the State of Illinois Teachers’ Certification Board qualifying him to act as a Principal in the School District.
5. The Principal shall submit, at Board expense, to a physical or mental examination by a physician licensed in Illinois to practice medicine and surgery in all its branches whenever the Board deems such examination necessary and in accordance with applicable law. As a condition of employment, the Principal also agrees to comply with all health requirements established by law.
6. The Principal acknowledges that, pursuant to The School Code and by accepting the ...
Employment and Compensation. The Parties wish to enter into an employment agreement for an unfixed period, in accordance with the conditions and provisions of this Employment Agreement. The date of commencement of the Manager’s employment, his job, his direct supervisor and other issues relating to the conditions of the Manager’s employment, including consideration, are set out in Appendix A, which is attached hereto.
Employment and Compensation. 1. The Board hereby employs the Principal for three years, commencing July 1, 2023, and terminating on June 30, 2026, with such responsibilities and duties in that connection as may be fixed by the Board in this Agreement and in its policies, rules and regulations, including but not limited to the job description attached to this Agreement.
2. Principal, in consideration of the terms and conditions in this Agreement, agrees to work for the District effective July 01, 2023.
3. In consideration of and in reliance upon Principal’s agreement to retire effective June 30, 2023, the Board shall pay to the Principal an annual salary as specified herein during the term of this Agreement in equal installments in accordance with the rules of the Board governing payments of other administrative staff members in the District. 2023-2024: $90,000.00 2024-2025: $92,700.00 2025-2026: $95,481.00 4. In addition to the annual salary stated in paragraphs A.3 and A.4 of this Agreement, the Board shall make a contribution on behalf of the Principal to the State of Illinois Teachers' Retirement System in the amount equal to the Principal’s statutory contribution to said Teachers' Retirement System applicable to the Principal’s annual salary. In addition, the Board shall pay the Principal’s required contribution to TRS for Teacher Retirees’ Health Insurance (THIS). The Board’s combined statutory contribution on behalf of the Principal to TRS and THIS shall be limited to a maximum of 12%. The Principal does not have any right or claim to said amount except as it may become available at the time of retirement or resignation from TRS. Both parties acknowledge that the Principal does not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to TRS, and that such contributions are made as a condition of employment to secure the Principal’s future services, knowledge and experience.
5. Any salary adjustment or modification made during the term of this Agreement shall be in the form of a written amendment and shall become a part of this Agreement, but such modification shall not be construed as a new Agreement with the Principal, nor as an extension of the termination date of this Agreement.
6. During the term of this Agreement, the principal shall hold a valid and properly registered license issued by the State of Illinois Educator’s Licensure Board qualifying him to act as a Principal for the District.
Employment and Compensation. 1. The Board hereby employs the Superintendent for three (3) years, commencing July 1, 2018 and terminating on, June 30 2021 at an annual salary of, One Hundred and Thirty Five Thousand Dollars (135,000.00) which is attached hereto and incorporated herein by reference. The Superintendent xxxxxx accepts employment with the Board upon the terms and conditions hereinafter set forth.
2. In addition to the annual salary stated in Paragraph A.1. of this Agreement, the Board shall make a contribution on behalf of the Superintendent to the State of Illinois Teachers’ Retirement System in the amount equal to (and in satisfaction of) the Superintendent’s statutory contribution to said Teachers’ Retirement System applicable to the Superintendent’s annual salary and any additional salary approved by the Board of Education not specifically defined herein. In addition, the Board shall pay the Superintendent’s required contribution to TRS for Teacher Retirees’ Health Insurance (THIS). The Superintendent does not have any right or claim to said amounts contributed by the Board on the Superintendent’s behalf except as they may become available at the time of retirement or resignation from the State of Illinois Teachers’ Retirement System. Both parties acknowledge that the Superintendent does not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State of Illinois Teachers’ Retirement System, and that such contributions are made as a condition of employment to secure the Superintendent’s future services, knowledge and experience.
3. Any salary of other adjustment or modification made during the life of this Agreement shall be in the form of a written amendment and shall become a part of this Agreement, but such adjustment or modification shall not be construed as a new Agreement with the Superintendent, nor as an extension of the termination of this Agreement.
4. During the term of this contract, the Superintendent shall hold a valid and properly registered certification issued by the State of Illinois Teachers’ Certification Board, qualifying him to act as Superintendent of the School District.
Employment and Compensation. 1. The counselor will be an employee of Brazosport College.
2. Brazosport College accepts responsibility for salary and associated benefits for the counselor.
3. Funding for this position will be shared by the College and ISD. If funding is discontinued by either party, this position is subject to discontinuance.
4. Vacation and sick leave, as awarded by Brazosport College, will be honored by Angleton Independent School District.
Employment and Compensation. Non certificated personnel shall not be assigned to perform work in the instructional setting which will substitute on a full time basis, and/or replace an employee in his assignment or employment. All, unless otherwise provided in this agreement, employees shall be placed on the annual salary schedule in accordance with the criteria for salary schedule placement as contained in the Collective Bargaining Agreement.
Employment and Compensation. The Company has agreed to employ Executive for an indefinite period and Executive has agreed to become so employed, on the terms and conditions set forth herein. The commencement date of the employment, Executive’s position, the reporting duties and other work-related terms, including salary, entitlements and fringe benefits, are specified in Appendix A attached hereto.
Employment and Compensation. 4 Section 2.01 Resignation..............................................4 Section 2.02 Further Assurances.......................................4 Section 2.03
Employment and Compensation. The Employer hereby employs the ----------------------------- Employee and the Employee accepts such employment as Chief Executive Officer and Chairman of the Board of Directors. The Employee shall have such duties as set forth by the Employer and shall report directly to the Board of Directors of Employer. ------------------
