Common use of Indemnification Bond Clause in Contracts

Indemnification Bond. The terms and conditions of the leave shall be agreed upon in writing, and shall include an indemnification bond for failure to successfully complete the sabbatical program or to render the necessary post-leave service, a stipulation to a post- leave service of not less than two (2) full years for a full year of leave, and one (1) full year for a one (1) semester leave; the description of the sabbatical program; and appropriate procedures as may be designated by the Superintendent. The bond shall provide payment to the District in case the service obligation is not met regardless of reason.

Appears in 4 contracts

Samples: Master Contract, Master Contract, Master Contract

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Indemnification Bond. The terms and conditions of the leave shall be agreed upon in writing, and shall include include, but not be limited to, an indemnification bond for failure to successfully complete the sabbatical program or to render the necessary post-leave service, a stipulation to a post- post leave service of not less than two (2) full years for a full year of leave, and one (1) full year for a one one-half (11/2) semester year leave; the , a description of the sabbatical program; , and appropriate reporting procedures as may be designated by the Superintendent. The bond shall provide payment to the District in case the service obligation is not met regardless of reasonSuperintendent or designee.

Appears in 1 contract

Samples: Agreement

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