Common use of Entitlement to Severance Benefits, Vesting Requirements Clause in Contracts

Entitlement to Severance Benefits, Vesting Requirements. Upon separation from the Metropolitan School District of Martinsville (“School Corporation”), a teacher shall be fully vested in the benefits described in this Article if the teacher has satisfied the following requirements: 1. The teacher must have been employed by the Metropolitan School District of Martinsville on or before June 30, 2001. 2. Immediately prior to separation, the teacher must have completed not less than fifteen

Appears in 9 contracts

Samples: Collective Bargaining Agreement, Contractual Agreement, Contractual Agreement

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