Common use of Sponsor Expenses Clause in Contracts

Sponsor Expenses. The Sponsor shall be entitled to receive from the department of elementary and secondary education one and five-tenths percent (1.5%) of the amount of state and local funding allocated to the Charter School pursuant to section 160.415, RSMo., not to exceed one hundred twenty five thousand dollars ($125,000), adjusted for inflation.

Sponsor Expenses. The Sponsor shall be entitled to receive from the department of elementary and secondary education one and five-tenths percent (1.5%) of the amount of state and local funding allocated to the Charter School pursuant to section 160.415, RSMo., not to exceed one hundred twenty twenty- five thousand dollars ($125,000), adjusted for inflation.. Part 5: Sponsor-Charter School Relationship

Sponsor Expenses. The Sponsor shall be entitled to receive from the department of elementary and secondary education one and five-five- tenths percent (1.5%1.50/0) of the amount of state and local funding allocated to the Charter School pursuant to section 160.415, RSMo., not to exceed one hundred twenty five thousand dollars ($125,000), adjusted for inflation.. Part 5: Sponsor-Charter School Relationship

Sponsor Expenses. The Sponsor shall be entitled to receive from the department of elementary and secondary education one and five-tenths percent (1.5%) of the amount of state and local funding allocated to the Charter School pursuant to section 160.415, RSMo., not to exceed one hundred twenty twenty- five thousand dollars ($125,000), adjusted for inflation.. Part 5: Sponsor-C Relationship MODEL CHARTER AGREEMENT

Sponsor Expenses. The Sponsor shall be entitled to receive from the department of elementary and secondary education one and five-five­ tenths percent (1.5%°/0) of the amount of state and local funding allocated to the Charter School pursuant to section 160.415, RSMo., not to exceed one hundred twenty five thousand dollars ($125,000$ I 25,000), adjusted for inflation.. Part 5: Sponsor-Chaiier School Relationship