Enrollment Following First Year After Withdrawal Sample Clauses

Enrollment Following First Year After Withdrawal. In the 2016-2017 school year and for up to five years thereafter, the New
Sample 1
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Enrollment Following First Year After Withdrawal. The Parties recognize that after withdrawal by Freeport, the RSU will not have any secondary school. To avoid the need for state-subsidized school construction in RSU 5, for the ten-year period commencing one year after the Effective Date, the New Freeport SAU shall accept and enroll on a non-exclusive basis all RSU 5 resident secondary students who choose to attend a New Freeport SAU secondary school. The tuition for such students shall be calculated pursuant to 20-A M.R.S. § 5805(2) and shall not include a debt service factor. The Parties recognize that after withdrawal by Freeport, RSU 5 will not have adequate space to enroll Pownal resident students in grades 6 – 8 in the Durham Community School. To avoid the need for state-subsidized school construction in RSU 5, for the ten-year period commencing one year after the Effective Date, the New Freeport SAU shall accept and enroll on a non-exclusive basis all Pownal resident grade 6 – 8 students who choose to attend a New Freeport SAU school. The tuition each year for such students shall be the state average per public elementary student cost for the previous year (for 2013-14, this rate was $7,536.41) or the rate calculated pursuant to 20- A M.R.S. § 5804(1), whichever is less, and shall not include a debt service factor.
Sample 1
Enrollment Following First Year After Withdrawal. [The Freeport Withdrawal Committee is open to discussion of tuition arrangements for Pownal and Durham students following the first year after withdrawal, including “grandfathering” of students already in attendance at Freeport High School and Freeport Middle School and enrollment of additional students at Freeport High School and Freeport Middle School.]
Sample 1
Enrollment Following First Year After Withdrawal. The Brunswick School Department has offered to serve as the school of guaranteed acceptance for RSU 5 for secondary students for a 10-year period following withdrawal. Freeport agrees to serve as the school of guaranteed acceptance for Pownal middle school students for the 10-year period following withdrawal. The tuition rate for Pownal middle school students attending Freeport schools shall be determined under 20-A M.R.S. §5804(1). Freeport will invoice RSU 5 for tuition on a semi-annual basis on or before October 15 and April 15, with a reconciliation after the Department of Education sets final tuition rates. Pownal students enrolled in Freeport Middle School may continue their education in Freeport through graduation from Freeport High School under the terms of the tuition contract at Exhibit 1, as long as they remain continuously enrolled in the Freeport High Sschools. In the second school year following Freeport’s withdrawal from RSU 5 and for up to eight years thereafter, Freeport agrees to educate Pownal and Durham secondary students who were enrolled at Freeport Middle School or Freeport High School in the previous school year and who remain continuously enrolled in the Freeport schools, under the terms of the tuition contract at Exhibit 1. The statute governing withdrawal agreements, 20-A M.R.S. §1466, does not provide for negotiation of tuition contracts beyond the first year following withdrawal. Nevertheless, Freeport has offered to educate RSU 5 students for the 9 years following the first year after withdrawal pursuant to the terms described in the tuition contract that is attached as Exhibit A. Freeport will keep this offer open for a period of 60 days following the Effective Date.
Sample 1
Enrollment Following First Year After Withdrawal. The Brunswick School Department has offered to serve as the school of guaranteed acceptance for RSU 5 for secondary students for a 10-year period following withdrawal. Freeport agrees to serve as the school of guaranteed acceptance for Pownal middle school students for the 10-year period following withdrawal. The tuition rate for Pownal middle school students attending Freeport schools shall be determined under 20-A M.R.S. §5804(1). Freeport will invoice RSU 5 for tuition on a semi-annual basis on or before October 15 and April 15, with a reconciliation after the Department of Education sets final tuition rates. Pownal students enrolled in Freeport Middle School may continue their education in Freeport through graduation from Freeport High School, as long as they remain continuously enrolled in the Freeport schools. The statute governing withdrawal agreements, 20-A M.R.S. §1466, does not provide for negotiation of tuition contracts beyond the first year following withdrawal. Nevertheless, Freeport has offered to education RSU 5 students for the 9 years following the first year after withdrawal pursuant to the terms described in the tuition contract that is attached as Exhibit A. Freeport will keep this offer open for a period of 60 days following the Effective Date.
Sample 1

Related to Enrollment Following First Year After Withdrawal

  • Compensation After Termination a. If (i) the Company terminates Employee’s employment during the Employment Period pursuant to Section 4.1.a, 4.1.b, or 4.1.c hereof, (ii) either party terminates this Agreement pursuant to Article 2 hereof or (iii) Employee voluntarily terminates this Agreement pursuant to Section 4.1.d hereof, then the Employment Agreement and Employee’s employment with the Company shall terminate and the Company shall have no further obligations hereunder or otherwise with respect to Employee’s employment from and after the termination or expiration date, except that the Company shall pay Employee’s Base Salary accrued through the date of termination or expiration and shall provide such benefits as are required by applicable law. Notwithstanding the foregoing, if the Company terminates Employee pursuant to Section 4.1.a or 4.1.b, the Company will pay to Employee a pro rata share of any incentive compensation earned by Employee during the year in which such termination occurs, such incentive compensation to be determined and payable in the same manner and at the same time as it would have been had Employee’s employment not been terminated pursuant to Section 4.1.a or 4.1.b. b. If the Company terminates the Employee’s employment pursuant to Section 4.1.d hereof, then the Company shall have no further obligations hereunder or otherwise with respect to Employee’s employment from and after the termination date, except that, subject to receiving a signed separation agreement and general release of claims from Employee substantially in the form set out in attached Exhibit 1 to this Agreement, modified as necessary so as to be fully enforceable under current applicable law, Company shall pay Employee’s Base Salary through the end of the then current Employment Period and shall provide benefits as are required by applicable law. However, any payments under this Section 4.2.b. payable after termination of employment may be delayed as may be required by Section 7.12 hereof. Provided, however, if the termination of Employee’s employment results in compensation and benefits being provided to Employee pursuant to the Severance Agreement of even date herewith, Employee shall receive no compensation under this Section 4.2, except for Base Salary and benefits accrued through the date of termination or as are otherwise required by applicable law.

  • Contribution Eligibility You are eligible to make a regular contribution to your Xxxx XXX, regardless of your age, if you have compensation and your MAGI is below the maximum threshold. Your Xxxx XXX contribution is not limited by your participation in an employer-sponsored retirement plan, other than a Traditional IRA.

  • Termination and Withdrawal After the fifth anniversary of the effective date of this Agreement, this Agreement may be terminated by a unanimous vote of the Incorporating Parties or their successors or assigns. If the Incorporating Parties vote to terminate this Agreement, they will file with the Commission and the PSC an explanation of their action and a proposal for an alternate plan for the safe, reliable and efficient operation of the NYS Transmission System. Except as otherwise provided in this Section 3.02, any Party may withdraw from this Agreement upon ninety (90) days prior written notice to the ISO Board. In the case of an Investor-Owned Transmission Owner, no further approval by the Commission is needed for such withdrawal from the ISO Agreement, if such Investor-Owned Transmission Owner has on file with the Commission its own open access transmission tariff. Any modification to this Article shall provide any Party with the right to withdraw from the Agreement pursuant to the unmodified provisions of this Article, within ninety (90) days of the effective date of such modification. If the tax-exempt status of LIPA’s Tax Exempt Bonds are jeopardized by LIPA’s participation in the ISO, LIPA may withdraw from this Agreement upon thirty (30) days prior written notice to the ISO Board; however, LIPA shall provide earlier notice whenever and as soon as it is reasonably practicable to do so. Any such notice shall contain an explanation in reasonably sufficient detail of the grounds for withdrawal. To the extent reasonably requested by LIPA, the ISO shall treat this explanation as confidential consistent with the ISO’s confidentiality procedures.

  • Distribution of Benefit The Bank shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following Separation from Service. The annual benefit shall be distributed to the Executive for fifteen (15) years.

  • Withdrawals upon Termination 27.4.1 Notwithstanding anything to the contrary contained in this Agreement, all amounts standing to the credit of the Escrow Account shall, upon Termination, be appropriated in the following order: (a) all taxes due and payable by the Concessionaire for and in respect of the Project; (b) 55% (fifty five per cent) of Debt Due excluding Subordinated Debt; (c) outstanding Annual Concession Fee; (d) all payments and Damages certified by the Authority as due and payable to it by the Concessionaire; (e) incurred or accrued O&M Expenses; (f) retention and payments relating to the liability for defects and deficiencies set forth in Article 35; (g) outstanding Debt Service including the balance of Debt Due; (h) outstanding Subordinated Debt; (i) any other payments required to be made under this Agreement; and (j) balance, if any, in accordance with the instructions of the Concessionaire: Provided that no appropriations shall be made under Sub-clause (j) of this Clause 27.4.1 until a Vesting Certificate has been issued by the Authority under the provisions of Clause 34.4. 27.4.2 The provisions of this Article 27 and the instructions contained in the Escrow Agreement shall remain in full force and effect until the obligations set forth in Clause 27.4.1 have been discharged.

  • Death During Distribution of a Benefit If the Executive dies after any benefit distributions have commenced under this Agreement but before receiving all such distributions, the Bank shall distribute to the Beneficiary the remaining benefits at the same time and in the same amounts they would have been distributed to the Executive had the Executive survived.

  • Deferral Account Crediting. The Company shall establish a Deferral Account on its books for the Director, and shall credit to the Deferral Account the following amounts:

  • Maintaining Eligibility for Employer Contribution The employer's contribution continues as long as the employee remains on the payroll in an insurance eligible position. Employees who complete their regular school year assignment shall receive coverage through August 31.

  • Right to Resell after withdrawal to sell the Property withdrawn at any time or times subject to such conditions and provisions whether identical with or differing wholly or in part from the conditions and provisions applicable to the Property to be auctioned at the present auction and in such manner as the Assignee/Bank may deem fit.

  • Change in Form or Timing of Distributions All changes in the form or timing of distributions hereunder must comply with the following requirements. The changes: (a) may not accelerate the time or schedule of any distribution, except as provided in Section 409A of the Code and the regulations thereunder; (b) must, for benefits distributable under Sections 2.1, 2.2, 2.3 and 2.4, delay the commencement of distributions for a minimum of five (5) years from the date the first distribution was originally scheduled to be made; and (c) must take effect not less than twelve (12) months after the election is made.

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