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 be no penalty for release or resignation by the Interim Administrator from this Contract; provided no resignation shall become effective until expiration of the Contract unless accepted by the Board and the Board shall fix the time 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 Interim 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. The parties know and understand that the Board will be hiring for its next superintendent during this interim contract term. In the event the newly hired superintendent agrees to begin services prior to July 1, 2025, the Interim Superintendent agrees to submit his resignation effective on the start date of the new superintendent if requested by the Board.
