RETIREMENT NOTICE BONUS. The Board shall pay a bonus of $1,000 to any teacher who provides written notice to the Superintendent by not later than 4:00 p.m. on February 1 of the teacher’s retirement at the end of that school year. If school is not in session on February 1, this deadline shall be extended to 4:00 p.m. on the next day when school is in session. This bonus shall be paid when severance is paid.
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Samples: Negotiated Agreement, Negotiated Agreement, Negotiated Agreement