Common use of TERMINATION AND NON-RENEWAL Clause in Contracts

TERMINATION AND NON-RENEWAL. In the event the College intends to terminate this contract before its expiration for cause, the College shall give the Administrator written notice of such intention, together with a statement of the reasons for termination. Within five (5) days of receipt of such notice, the Administrator may request, in writing, a hearing before the Board of Trustees, which shall be in closed session. If no hearing is timely requested, the termination shall become effective on the date specified in the College’s notice. Pending any hearing requested by the Administrator, the College may suspend the Administrator with pay. At the conclusion of any hearing, the College shall determine whether or not to terminate this contract and the Administrator’s employment. If the College terminates the employment of the Administrator without cause, it shall be obligated to pay to the Administrator all compensation due to the Administrator during the remaining term of this Agreement or any extension thereof, except that if during the remaining term the Administrator obtains any full-time employment, the College’s obligation shall be reduced by the Administrator’s compensation from that employment. Notification of non-renewal shall be received by the Administrator no less than sixty (60) days before the end of the contract year.

Appears in 10 contracts

Samples: Administrative Contract, Administrative Contract, Administrative Contract

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.