Common use of Resignation and liquidated damages Clause in Contracts

Resignation and liquidated damages. 1. If an employee’s resignation is submitted between the statutory deadline for resignations set forth in K.S.A. 72-5437 and June 30th, a $500 penalty will be assessed; between July 1st and July 31st, a $1,000 penalty will be assessed; between August 1st and August 15th, a $2,000 penalty will be assessed; and after August 15th a $4,000 penalty will be assessed. Upon receipt of the appropriate fee, the Board will accept the employee's resignation.

Resignation and liquidated damages. 1. If an employee’s resignation is submitted between the statutory deadline for resignations set forth in K.S.A. 72-5437 2251 and June 30th, a $500 penalty will be assessed; between July 1st and July 31st, a $1,000 penalty will be assessed; between August 1st and August 15th, a $2,000 penalty will be assessed; and after August 15th a $4,000 penalty will be assessed. Upon receipt of the appropriate fee, the Board will accept the employee's resignation.