Terminal Leave Pay. Upon termination of employment with the District, Administrator shall receive a lump sum payment equal to 1.35% of Administrator’s final salary multiplied by the number of years of service (or portion thereof) he or she worked for the District on or before June 30, 2003. Service to the District after June 30, 2003 is expressly excluded from the calculation of an Administrator’s terminal leave pay benefit.
Appears in 4 contracts
Samples: Administrative Contract, Administrative Contract, Administrative Contract
