No Penalty for Release or Resignation. There shall not be a penalty for the release or resignation of the Superintendent from this contract; provided no resignation shall become effective until the expiration of the contract unless it is accepted by the Board, and the Board shall fix the date at which the resignation shall take effect.
No Penalty for Release or Resignation. There shall not be a penalty for the release or resignation of the Superintendent from this
No Penalty for Release or Resignation. In the event that Xx. Xxxxxxxxx desires to resign his employment hereunder and be released from the terms of this Agreement, the terms for release or resignation by Xx. Xxxxxxxxx from this Agreement shall be subject to the mutual agreement of the parties hereto. In the event such mutual agreement is reached, there shall be no financial penalty assessed as a condition for release or resignation.
No Penalty for Release or Resignation. There shall not be a penalty for the Administrator’s release or resignation from this contract; provided that no offer to resign shall become effective before the expiration of the contract