Common use of Termination by Board Without Cause Clause in Contracts

Termination by Board Without Cause. Notwithstanding any other provisions of this Contract, the Board, in its discretion and upon giving of ninety (90) days’ notice, shall have the option to terminate this Contract effective as of June 30 of any year during the term of this Contract. If the Board elects this option to terminate the Contract, it shall continue to pay the Assistant Superintendent all compensation and benefits for up to twelve (12) months after the effective date of termination. All such payments shall cease as of the date the Assistant Superintendent commences comparable employment. “Comparable Employment” shall mean a position of substantially equal responsibilities and compensation in the field of educational administration.

Termination by Board Without Cause. Notwithstanding any other provisions of this Contract, the Board, in its discretion and upon giving of ninety (90) days’ ' notice, shall have the option to terminate this Contract effective as of June 30 of any year during the term of this Contract. If the Board elects this option to terminate the Contract, it shall continue to pay the Assistant Superintendent all compensation and benefits for up to twelve (12) months after the effective date of termination. All such payments shall cease as of the date the Assistant Superintendent commences comparable employment. “"Comparable Employment” " shall mean a position of substantially equal responsibilities and compensation in the field of educational administration.