Two-Year Notice Sample Clauses

Two-Year Notice. If the teacher provides two years' notice, the teacher's salary shall be adjusted so that the teacher shall receive in the following school year and the next remaining year of employment an increase in total TRS creditable earnings up to the total sum shown in the column "Retirement Bonus" from the table in paragraph 1a of this agreement, or 6% increase in the teacher's total TRS creditable earnings for each of the two years, compared to the prior year, whichever is less. In addition, the teacher shall receive the additional compensation as specified in paragraph 1d if necessary for the teacher to receive a total sum equal to the retirement bonus.
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Two-Year Notice. If any Party shall have a right of termination for cause in accordance with either Section 12.2 or Section 12.3, the same may be exercised by notice of termination given to the Party in default at least two years prior to (or, in the case of a bankruptcy or insolvency default or a Change of Control, simultaneously with or, in the case of an Event of Default specified in clause (d) or (e) of Section 12.3.1 hereof, six months) the date of termination specified in such notice (the "Termination Date").
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Two-Year Notice. Teachers who give a two-year notice of intent to 16 retire by May 15, 2021 will receive a six percent (6%) increase in 17 creditable earnings in the first year and a six percent (6%) increase in 18 creditable earnings the second year. 20 Teachers who give a two-year notice of intent to retire during 21 subsequent years commencing in 2022 will receive a five percent 22 (5%) increase in creditable earnings in the first year and a five percent 23 (5%) increase in creditable earnings the second year. 25 Should a teacher electing this retirement option no longer 26 coach, sponsor, or serve on previously held paid positions after giving 27 notice of their intentions to accept this retirement option, then the 28 appropriate percentage amount in salary will be adjusted accordingly and 29 recalculated to reflect the teacher’s new creditable earnings status. 30 (i. e., the calculation of the teacher’s percent increase shall be reduced by the 31 amount of the extra duty compensation that was being paid to the teacher)
Sample 1
Two-Year Notice. The teacher's salary shall be adjusted so that the teacher shall receive in the current school year and the one (1) remaining year of employment an increase of the maximum increase that is allowed by law and TRS regulations (currently six percent (6%) over the total TRS creditable earnings the teacher received in the prior school year.
Sample 1
Two-Year Notice. If an eligible employee gives the Board an irrevocable letter of retirement prior to May 1 two (2) years prior to the year of retirement, the employee will be removed from the salary schedule and for the final two (2) years of employment the employee’s TRS creditable earnings shall receive a salary increase equivalent to the contract percentage raise over the employee’s TRS creditable earnings for the prior year of employment. In order to be eligible for this retirement incentive, employees must be employed by the District for twenty (20) consecutive years that precede the retirement date.
Sample 1

Related to Two-Year Notice

  • Offer Notice (i) The Company shall give written notice (the “Offering Notice”) to the Sponsor stating its bona fide intention to offer the New Equity Securities and specifying the number of New Equity Securities and the material terms and conditions, including the price, pursuant to which the Company proposes to offer the New Equity Securities. (ii) The Offering Notice shall constitute the Company’s offer to sell the New Equity Securities to the Sponsor, which offer shall be irrevocable for a period of three (3) business days (the “ROFO Notice Period”).

  • Notice Period Where this Agreement specifies a minimum period of notice to be given to the Facility Agent, the Facility Agent may, at its discretion, accept a shorter notice period.

  • Prior Notice The Parties agree that: 25.2.1.1 the Client may terminate this Agreement by giving not less than 30 days’ prior written notice to the Custodian; and 25.2.1.2 the Custodian may terminate this Agreement by giving not less than 270 days’ prior written notice to the Client.

  • CAFA Notice Pursuant to 28 U.S.C. § 1715, not later than ten (10) days after the Agreement is filed with the Court, the Settlement Administrator shall cause to be served upon the Attorneys General of each U.S. State in which Settlement Class members reside, the Attorney General of the United States, and other required government officials, notice of the proposed settlement as required by law, subject to Paragraph 5.1 below.

  • Election Period The period which begins on the first day of the Plan Year in which the Participant attains age thirty-five (35) and ends on the date of the Participant’s death. If a Participant separates from Service prior to the first day of the Plan Year in which age thirty-five (35) is attained, the Election Period shall begin on the date of separation, with respect to the account balance as of the date of separation.

  • Deemed Notice You agree and acknowledge that any Confirmations, statements, supplementary PDS, and any other written notices will be deemed to have been properly given or made available if sent to the address (including electronic mail address) last notified to us by you or if posted on or provided through the Website or the Trading Platform.

  • Timely Notice Failure to timely provide such notice required by subsection (g) above shall entitle Warrantholder to retain the benefit of the applicable notice period notwithstanding anything to the contrary contained in any insufficient notice received by Warrantholder. The notice period shall begin on the date Warrantholder actually receives a written notice containing all the information specified above.

  • Transfer Notice At least two (2) Business Days before each Acquisition Date, the Administrator shall deliver to the Depositor, the Issuer and the Indenture Trustee a Transfer Notice for the Additional Receivables to be transferred and absolutely assigned on that Acquisition Date, which will specify the Additional Receivables Transfer Amount, and will have delivered with it an electronic file containing the Schedule of Receivables; and

  • Notice to Employee If an employment agreement entered into after August 1, 1977 contains a provision requiring the employee to assign or offer to assign any of the employee’s rights in any invention to an employer, the employer must also, at the time the agreement is made, provide a written notification to the employee that the agreement does not apply to an invention for which no equipment, supplies, facility or trade secret information of the employer was used and which was developed entirely on the employee’s own time, and (1) which does not relate (a) directly to the business of the employer or (b) to the employer’s actual or demonstrably anticipated research or development, or (2) which does not result from any work performed by the employee for the employer.

  • Date of Notice Any notice sent by registered or certified mail, return receipt requested, shall be deemed given on the date of delivery shown on the receipt card, or if no delivery date is shown, the postmark thereon. If sent by regular mail the notice shall be deemed given forty-eight (48) hours after the same is addressed as required herein and mailed with postage prepaid. Notices delivered by United States Express Mail or overnight courier that guarantee next day delivery shall be deemed given twenty-four (24) hours after delivery of the same to the Postal Service or courier. Notices transmitted by facsimile transmission or similar means shall be deemed delivered upon telephone confirmation of receipt, provided a copy is also delivered via delivery or mail. If notice is received on a Saturday, Sunday or legal holiday, it shall be deemed received on the next business day.

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