Common use of Liquidation of Damages Clause in Contracts

Liquidation of Damages. A teacher not facing discipline or discharge, at District 20 AA-D, Phillips County, Whitewater, Montana will be released from their teaching contract provided the teacher makes payment for liquidation of damages to the school district prior to release on the following schedule. The date the school district receives the teacher's letter requesting release is the date controlling on the following schedule. The teacher shall provide a minimum of two (2) weeks (10 school days) notice. Teachers wishing to be released from this contract from July 1st through August 16, will pay 4% of this contract as liquidated damages. Teachers wishing to be released from this contract after August 16 and/or during the school year will pay 10% of this contract as liquidated damages. The parties agree the school district incurs costs that are impractical or extremely difficult to fix when a teacher breaches contract. Liquidated damages are to cover the impractical or extremely difficult to fix cost. Jurisdiction and enforcement of this provision of the individual contract is through the 17th District Court, Phillips County, Malta, Montana, with the teacher being liable for all fees under the above schedule, court costs, interest, reasonable attorney fees of the school district and other actions the court deems appropriate. The court also has jurisdiction to award interest on any amount due and other actions the court deems appropriate. If the above conditions have been met, the Board shall accept the resignation of a teacher under contract and shall not attempt to have the teacher's certificate revoked or suspended.

Liquidation of Damages. A teacher not facing discipline or discharge, at District 20 AA-D, Phillips Xxxxxxxx County, Whitewater, Montana will be released from their teaching contract provided the teacher makes payment for liquidation of damages to the school district prior to release on the following schedule. The date the school district receives the teacher's letter requesting release is the date controlling on the following schedule. The teacher shall provide a minimum of two (2) weeks (10 school days) notice. Teachers wishing to be released from this contract from July 1st through August 16, will pay 4% of this contract as liquidated damages. Teachers wishing to be released from this contract after August 16 and/or during the school year will pay 10% of this contract as liquidated damages. The parties agree the school district incurs costs that are impractical or extremely difficult to fix when a teacher breaches contract. Liquidated damages are to cover the impractical or extremely difficult to fix cost. Jurisdiction and enforcement of this provision of the individual contract is through the 17th District Court00xx Xxxxxxxx Xxxxx, Phillips CountyXxxxxxxx Xxxxxx, Malta, Montana, with the teacher being liable for all fees under the above schedule, court costs, interest, reasonable attorney fees of the school district and other actions the court deems appropriate. The court also has jurisdiction to award interest on any amount due and other actions the court deems appropriate. If the above conditions have been met, the Board shall accept the resignation of a teacher under contract and shall not attempt to have the teacher's certificate revoked or suspended.

Liquidation of Damages. A teacher not facing discipline or discharge, at District 20 AA-D, Phillips Xxxxxxxx County, Whitewater, Montana will be released from their teaching contract provided the teacher makes payment for liquidation of damages to the school district prior to release on the following schedule. The date the school district receives the teacher's letter requesting release is the date controlling on the following schedule. The teacher shall provide a minimum of two (2) weeks (10 school days) notice. Teachers wishing to be released from this contract from July 1st through August 16, will pay 4% of this contract as liquidated damages. Teachers wishing to be released from this contract after August 16 and/or during the school year will pay 10% of this contract as liquidated damages. The parties agree the school district incurs costs that are impractical or extremely difficult to fix when a teacher breaches contract. Liquidated damages are to cover the impractical or extremely difficult to fix cost. Jurisdiction and enforcement of this provision of the individual contract is through the 17th District Court, Phillips Xxxxxxxx County, Malta, Montana, with the teacher being liable for all fees under the above schedule, court costs, interest, reasonable attorney fees of the school district and other actions the court deems appropriate. The court also has jurisdiction to award interest on any amount due and other actions the court deems appropriate. If the above conditions have been met, the Board shall accept the resignation of a teacher under contract and shall not attempt to have the teacher's certificate revoked or suspended.