Unilateral Termination by the District. Notwithstanding any other provision of this Agreement, the District, at its sole discretion, shall, upon forty-five (45) calendar days’ written notice, have the option of terminating this Agreement for any reason (i.e., without cause or a hearing). If the District elects to terminate the Agreement without cause, it shall pay Xxxxx a lump sum payment within thirty (30) days Xxxxx’x last day of employment with the District an amount equal to: (i) the salary of the remainder of the term of this Agreement, or any extension thereof; or (ii) an amount equal to the monthly salary of Xxxxx on a month to month basis until Xxxxx is employed by another employer, but in no event shall this amount exceed twelve (12) months of salary, whichever amount between (i) and (ii) is lesser. The calculation for purposes of the lump-sum payment shall be based upon the rate of salary in effect on the last day of Xxxxx’x employment with the District. Upon termination of this Agreement without cause, the District shall continue to pay Xxxxx’x health benefits for the remainder of this Agreement, or any extension thereof, not to exceed twelve (12) months, or until Xxxxx finds other public employment, whichever occurs first. This provision is intended to comply with the requirements governing maximum cash settlement as set forth in Government Code sections 53260, et seq. In addition, pursuant to California Government Code sections 53243 and 53243.2, if this Agreement is terminated, any cash settlement related to the termination that Xxxxx may receive from the District shall be fully reimbursed by Xxxxx to the District if Xxxxx is convicted of a crime involving an abuse of his office or position as defined in Government Code section 53243.4.
Unilateral Termination by the District. Notwithstanding any other provision of this Agreement, the District, at its sole discretion, shall, upon thirty (30) calendar days written notice, have the option of terminating this Agreement for any reason (i.e., without cause or a hearing). If the District elects to terminate the Agreement without cause, it shall pay Yaung, in a lump sum payment, within forty-five (45) calendar days following the notice of termination, an amount equal to twelve (12) months’ salary or the salary for the remainder of the Agreement, whichever is less. The calculation for purposes of this lump-sum payment shall be based on the salary in effect on the date of the notice of termination. This provision is intended to comply with the requirements governing maximum cash settlement as set forth in Government Code sections 53260 et seq. In addition, pursuant to California Government Code section 53243.2, if this Agreement is terminated, any cash settlement related to the termination that Yaung may receive from the District shall be fully reimbursed by Xxxxx to the District if Xxxxx is convicted of a crime involving an abuse of his office or position. A unilateral termination without cause must be by a super-majority 4-1 vote of the Board or by 80% of the Board if less than five (5) Board members are present for the vote. This super-majority vote requirement is effective through December 31, 2026. Thereafter, a unilateral termination without cause may be by simple majority vote of the Board.
Unilateral Termination by the District. Notwithstanding any other provision of this Agreement, the District, at its sole discretion, shall, upon thirty (30) calendar days written notice, have the option of terminating this Agreement for any reason (i.e., without cause of a hearing). If the District elects to terminate the Agreement without cause, it shall pay Xx. Xxxxxxxx, in a lump sum payment, within thirty (30) calendar days of notice of termination, an amount equal to six (6) months’ salary or the salary for the remainder of the Agreement, whichever is less. The calculation for purposes of this lump-sum payment shall be based on the salary in effect on the date of the notice of termination. This provision is intended to comply with the requirements governing maximum cash settlement as set forth in Government Code sections 53260 et seq., which prohibits settlements in excess of 18 months’ pay. In addition, pursuant to California Government Code section 53243 et seq., if this Agreement is terminated, any cash settlement related to the termination that Xx. Xxxxxxxx may receive from the District shall be fully reimbursed by Xx. Xxxxxxxx to the District if Xx. Xxxxxxxx is convicted of a crime involving an abuse of his office or position.
Unilateral Termination by the District. The Board may unilaterally terminate this Agreement before the expiration of the term (“Unilateral Termination by the District”) upon payment of a severance within fifteen (15) days of the unilateral termination as follows: (i) $150,000.00 if terminated after July 1, 2018, and before June 30, 2019; or (ii) if terminated after July 1, 2019, the lesser of $100,000.00 or the remainder of the base salary due for the term July 1, 2019, through June 30, 2020. No other amount or benefit shall be due or paid as a consequence of such unilateral termination. Should the Board unilaterally terminate this Agreement before June 30, 2018, the District shall pay the Superintendent the lesser of $100,000.00 or the remainder of the base salary due through June 30, 2018, pursuant to the terms of the 2016 Agreement.
Unilateral Termination by the District. The Board may unilaterally terminate this Agreement before the expiration of the term (“Unilateral Termination by the District”) upon payment of a severance within fifteen (15) days of the unilateral termination as follows: (i) $200,000 if terminated before June 30, 2021; (ii) $150,000.00 if terminated after July 1, 2021, and before June 30, 2022; or (iii) if terminated after July 1, 2022, the lesser of $100,000.00 or the remainder of the base salary due for the term July 1, 2022, through June 30, 2023. No other amount or benefit shall be due or paid as a consequence of such unilateral termination.
Unilateral Termination by the District. The District may unilaterally terminate this Contract upon payment of any salary, as set forth in Paragraph 3, above; benefits, as set forth in Paragraph 5I, above, and amounts to which the Superintendent is entitled for the year under the District's administrators' flexible benefit plan, remaining due to the Superintendent under this Contract, if there is less than one year remaining for the Contract term. If the period remaining in the term of the Contract exceeds one year, the District’s obligation shall be limited to an amount equal to the Superintendent’s current salary and benefits, as described above in this Paragraph, for one year. Within thirty (30) days of the effective date of such termination, the District shall pay to the Superintendent the amounts set forth above. In the event of the District’s unilateral termination under this Paragraph, it is the intent of the District that the Superintendent begin receiving the benefits under the District’s Supplemental Retirement Pension Plan, to which she would otherwise be entitled, in the fiscal year following the effective date of the termination; therefore, if the District notifies the Superintendent of the unilateral termination after the application date set forth in District policy and/or the effective date of such termination does not coincide with the retirement date set forth in District policy, the Superintendent shall nonetheless be eligible to begin receiving benefits under the Plan as if application had been timely made during the year in which the unilateral termination is effective.
Unilateral Termination by the District. Notwithstanding any other provision of this Agreement, the District, at its sole discretion, shall, upon forty-five (45) calendar days’ written notice, have the option of terminating this Agreement for any reason (i.e., without cause or a hearing). If the District elects to terminate the Agreement without cause, it shall pay Gray a lump sum payment within thirty (30) days Xxxx’x last day of employment with the District an amount equal to: (i) the salary of the remainder of the term of this Agreement, or any extension thereof; or (ii) an amount equal to the monthly salary of Gray on a month to month basis until Xxxx is employed by another employer, but in no event shall this amount exceed twelve (12) months of salary, whichever amount between (i) and (ii) is lesser. The calculation for purposes of the lump-sum payment shall be based upon the rate of salary in effect on the last day of Xxxx’x employment with the District. Upon termination of this Agreement without cause, the District shall continue to pay Xxxx’x health benefits for the remainder of this Agreement, or any extension thereof, not to exceed twelve (12) months, or until Xxxx finds other public employment, whichever occurs first. This provision is intended to comply with the requirements governing maximum cash settlement as set forth in Government Code sections 53260, et seq. In addition, pursuant to California Government Code sections 53243 and 53243.2, if this Agreement is terminated, any cash settlement related to the termination that Gray may receive from the District shall be fully reimbursed by Xxxx to the District if Xxxx is convicted of a crime involving an abuse of her office or position as defined in Government Code section 53243.4.
