SIGN-ON BONUS FOR NEW TEACHERS Sample Clauses

SIGN-ON BONUS FOR NEW TEACHERS. Any new teacher who begins his/her employment at Jonesboro School starting in the 2023-2024 school year and thereafter will be offered a sign-on bonus in the amount of $2,000, payable in the teacher’s first payroll check. In order for the teacher to be eligible to receive the sign-on bonus, the teacher must agree to the following: If the teacher voluntarily leaves before completing his/her first full year of employment, the employee shall pay back the full $2,000 bonus. If the teacher voluntarily leaves before completing his/her second full year of employment, the employee shall pay back $1,500 of the bonus. If the teacher voluntarily leaves before completing his/her third full year of employment, the teacher shall pay back $1,000 of the bonus. If a teacher leaves after completing three full years of employment, the teacher shall not be required to pay back any portion of the bonus. The teacher must sign a wage deduction agreement which authorizes the District to withhold the amount of the bonus he/she is required to pay back, as set forth above, from his/her remaining payroll checks. SEE APPENDIX VI
Sample 1
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Related to SIGN-ON BONUS FOR NEW TEACHERS

  • Amendment of Section 2 9. Section 2.9 of the Agreement is hereby amended to read as follows:

  • Amendment of Section 3 Section 3 of the Employment Agreement is hereby deleted in its entirety and replaced with the following: Term. Unless otherwise terminated in accordance with Sections 8, 9, 10 or 11, the Employment Term shall be for a term ending April 30, 2015. This Agreement shall be automatically renewed for successive additional Employment Terms of one (1) year each unless notice of termination is given in writing by either party to the other party at least thirty (30) days prior to the expiration of the initial Employment Term or any renewal Employment Term.

  • Amendment of Section 4 4. Pursuant to Section 9.2 of the Indenture, Section 4.4(b) of the Indenture is hereby amended and restated in its entirety to read as follows:

  • Amendment of Section 10 1. Section 10.1 of the Note Agreement is amended to read in its entirety as follows:

  • Amendment of Section 7 2.10(f). Clause (iii) of Section 7.2.10(f) of the Credit Agreement is hereby amended and restated in its entirety to the following:

  • Amendment of Section 5 02. The third paragraph following Section 5.02(a)(vi) is hereby replaced in its entirety with the following: On each Distribution Date, the Trustee, subject to Section 5.01, shall distribute to the Holders of the Class SES Certificates, any Ancillary Income, which shall be treated as paid outside the Lower-Tier REMIC and the Upper-Tier REMIC.

  • Amendment of Section 1.1 Section 1.1 of the Credit Agreement is hereby amended by inserting the following new definitions in the appropriate locations according to alphabetical order, or by amending and restating existing definitions to read as indicated, as applicable:

  • Amendment of Section 6 14. Section 6.14 of the Credit Agreement is amended to read as follows:

  • Amendment of Schedule A Schedule A to the Agreement is hereby amended by deleting it in its entirety and inserting in lieu therefor the Schedule A attached hereto.

  • Amendment of Section 8 15(b). Section 8.15(b) of the Existing Credit Agreement is hereby amended in its entirety to read as follows:

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