No Penalty for Release or Resignation Sample Clauses

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.
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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

Related to No Penalty for Release or Resignation

  • Leave Without Pay for Relocation of Spouse (a) At the request of an employee, leave without pay for a period of up to one (1) year shall be granted to an employee whose spouse is permanently relocated, and up to five (5) years to an employee whose spouse is temporarily relocated. (b) Leave without pay granted under this clause shall be deducted from the calculation of “continuous employment” for the purpose of calculating severance pay and vacation leave for the employee involved except where the period of such leave is less than three (3) months. (c) Time spent on such leave which is for a period of more than three (3) months shall not be counted for pay increment purposes.

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