Initial Placement The issuance and sale by the Company of the Notes to the Initial Purchasers pursuant to the Purchase Agreement.
Initial Salary Placement Step Upon initial employment by the District, child Development Teachers and Family Services Leads shall be given up to 7 years of credit for prior experience in a full-time teaching position with a State or Federally funded program, where the number of days worked in any given school year were in excess of 135. Step 8 is the maximum entry level placement.
Salary Range At the beginning of the 2023-2024 school year, the salaries of returning full time teachers were between $45,000-$95,100 prior to any increases negotiated in this agreement. After ratification, full-time teachers will be making $45,500-$97,725.73 for the 2023-2024 school year.
Initial Period The Initial Period will begin on the date set forth above and will terminate on the earlier of (i) the Commercial Operation Date, or (ii) the Date the Agreement is terminated pursuant to the provisions of Clause 19.