Longevity Related Sample Clauses

Longevity Related. Upon retiring or leaving the District, teachers shall receive a longevity payment equal to thirty-five percent (35%) of their final year’s salary (including stipends pay) if the teacher meets the following eligibility criteria: The teacher’s actual letter of resignation must be received no later than April 1 of the calendar year the teacher terminates employment If unforeseeable and extreme events, make it necessary for a teacher to retire or resign from District service after the April 1 deadline found in Subd. 1(b), he/she may also submit a hardship petition to a Longevity Payment Committee (LPC) for exemption from the deadline. On receipt of a hardship petition, the Chair of the Board and the President of the Belgrade Education Association shall mutually select the members of the LPC and convene a meeting. The findings of the LPC shall be final and not grievable under any other provision of the Agreement.
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Longevity Related. Upon retiring or leaving the school district, a school Administrator shall receive a longevity payment equal to thirty-five percent (35%) of their final year's salary if the school Administrator meets the following eligibility criteria: The school Administrator has accrued fifteen (15) years of creditable service with the Belgrade School District and a minimum of twenty-five (25) years of creditable service under the Montana Teacher Retirement System (TRS), or the school Administrator has accrued at least twenty (20) years of creditable service under TRS with the Belgrade School District. A notification verifying the school Administrator's intent to retire or resign from school district employment must be received no later than April 1st of the intended year of retirement/resignation. If unforeseeable and extreme events, make it necessary for a school Administrator to retire or resign from school district service after the May 1 deadline found in Subd. 1(b), he/she may also submit a hardship petition to the Superintendent or board chair for consideration of an exemption from the deadline.
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Related to Longevity Related

  • No Agency Relationship Nothing herein contained shall be deemed to authorize or empower either party to act as agent for the other party to this Agreement, or to conduct business in the name, or for the account, of the other party to this Agreement.

  • AGENCY RELATIONSHIP Nothing herein shall be construed as constituting the Sub-Advisor as an agent of the Trust or the Fund, except as otherwise contemplated herein.

  • No Fiduciary Relationship This Agreement does not create, and shall not be construed as creating rights enforceable by any person or entity not a party hereto, except those entitled hereto by virtue of the indemnification provisions hereof. The Company acknowledges and agrees that the Placement Agent is not and shall not be construed as a fiduciary of the Company and shall have no duties or liabilities to the equity holders or the creditors of the Company or any other person by virtue of this Agreement or the retention of the Placement Agent hereunder, all of which are hereby expressly waived.

  • AGENCY RELATIONSHIPS If permitted by applicable law, the Owner hereby consents to the Agent acting as a dual agent for the Owner and any tenant(s) or buyer(s) resulting in a real estate transaction. The Owner understands that the Agent may have or obtain property management agreements on other properties and that potential tenants may consider, make offers on, or lease through the Agent property the same as or similar to the Property. The Owner consents to the Agent's representation of the other owners' properties before, during, and after the expiration of this Agreement.

  • Leave With Pay for Family-Related Responsibilities (a) For the purpose of this clause, family is defined as spouse, dependent children, parents (including step-parents or xxxxxx parents) or any relative permanently residing in the employee's household or with whom the employee permanently resides.

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