Common use of Unilateral Termination by Board Clause in Contracts

Unilateral Termination by Board. The Board may unilaterally terminate this Agreement upon payment of any base salary remaining due to Superintendent under this Agreement, if there is less than one year remaining under the Agreement. If the remaining term of the Agreement is for a period of time in excess of one year, then the District’s obligation shall be limited to a sum equal to the Superintendent’s current base salary for one year. Unilateral termination shall not require the payment of other benefits provided Superintendent as a consequence of this Agreement.

Appears in 2 contracts

Samples: Superintendent's Contract, Superintendent's Contract

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Unilateral Termination by Board. The Board may unilaterally terminate this Agreement upon payment for any reason that the Board, in its sole discretion, may deem sufficient. In the event of unilateral termination under the terms of this paragraph, the district shall pay to the Superintendent any base salary remaining due to Superintendent under this Agreement, if there is less than one year remaining under the Agreement. If the remaining term of the Agreement is for a period of time in excess of one year, then the District’s obligation shall be limited to a sum equal to the Superintendent’s current base salary for one year. Unilateral termination shall not require the payment of other benefits provided Superintendent as a consequence of this Agreement.

Appears in 1 contract

Samples: Superintendent's Contract

Unilateral Termination by Board. The Board may unilaterally terminate this Agreement upon payment of any base salary remaining due to the Superintendent under this Agreement, if there is less than one year remaining under the Agreement. If the remaining term of the Agreement is for a period of time in excess of one year, then the District’s obligation shall be limited to a sum equal to the Superintendent’s current base salary for one year. Unilateral termination Any severance payment made pursuant to this section shall not require include any other benefit provided the payment of other benefits provided Superintendent as a consequence of this Agreement.

Appears in 1 contract

Samples: Superintendent's Contract

Unilateral Termination by Board. The Notwithstanding anything to the contrary herein provided, the Board may unilaterally terminate this Agreement Contract, without cause, upon payment of any base salary remaining due to Superintendent under this Agreement, if there is less than one year remaining under the Agreement. If the remaining term of the Agreement is for a period of time in excess of one year, then the District’s 's obligation shall be limited to a sum equal to the Superintendent’s 's current base salary for one year. Unilateral termination shall not require the payment of other benefits provided Superintendent as a consequence of this Agreement.

Appears in 1 contract

Samples: Superintendent Contract

Unilateral Termination by Board. The Board may unilaterally terminate this Agreement upon payment of Contract without cause. If the Board terminates this Contract unilaterally, it shall pay the Superintendent any base salary remaining due due, not to Superintendent under this Agreementexceed twelve (12) months’ base salary, if there is less than one year remaining under the Agreement. If the remaining term together with any accrued and unpaid benefits and expenses as of the Agreement is for a period date of time in excess termination of one year, then the District’s obligation shall be limited to a sum equal to the Superintendent’s current base salary for one yearthis Contract. Unilateral termination shall not require the payment of other unaccrued benefits provided Superintendent as a consequence of pursuant to this Agreement.Contract

Appears in 1 contract

Samples: Superintendent Contract

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Unilateral Termination by Board. The Board may unilaterally terminate this Agreement upon payment of any base salary remaining due to Superintendent Superintendent/Principal under this Agreement, if there is less than one year remaining under the Agreement. If the remaining term of the Agreement is for a period of time in excess of one year, then the District’s obligation shall be limited to a sum equal to the Superintendent’s current base salary for one year. Unilateral termination shall not require the payment of other benefits provided Superintendent Superintendent/Principal as a consequence of this Agreement.

Appears in 1 contract

Samples: Superintendent/Principal Contract

Unilateral Termination by Board. The If the Board may unilaterally terminate terminates this Agreement upon payment of Contract unilaterally, it shall pay the Superintendent any base salary remaining due due, not to Superintendent under this Agreementexceed fifteen (15) months’ base salary, if there is less than one year remaining under the Agreement. If the remaining term together with any accrued and unpaid benefits and expenses as of the Agreement is for a period date of time in excess termination of one year, then the District’s obligation shall be limited to a sum equal to the Superintendent’s current base salary for one yearthis Contract. Unilateral termination shall not require the payment of other unaccrued benefits provided Superintendent as a consequence of pursuant to this AgreementContract.

Appears in 1 contract

Samples: Superintendent Contract

Unilateral Termination by Board. The Board may unilaterally terminate this Agreement upon payment of any base salary remaining due to the Superintendent under this Agreement, . if there is less than one year remaining under the Agreement. If the remaining term of the Agreement is for a period of time in excess of one year, then the District’s obligation shall be limited to a sum equal to the Superintendent’s current base salary for one year. Unilateral termination Any severance payment made pursuant to this section shall not require the payment of include any other benefits benefit provided Superintendent as a consequence of this Agreement.

Appears in 1 contract

Samples: Superintendent's Contract

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