Common use of Career Service Recognition Payment Clause in Contracts

Career Service Recognition Payment. A principal with ten (10) years of administrative service in the District giving one (1) month notice of severance, shall receive $1,000 Career Service Payment for each year of service in the District to the Principal’s Health Care Savings Plan (HCSP), no later than sixty (60) days following severance.

Appears in 3 contracts

Sources: Principal Agreement, Principal Agreement, Principal Agreement

Career Service Recognition Payment. A principal with ten (10) years of administrative service in the District giving one (1) month notice of severance, shall receive $1,000 Career Service Payment for each year of service in the District to the Principal’s Health Care Savings Plan (HCSP), no later than sixty thirty (6030) days following severance. A principal, meeting all criteria outlined in this Section, does not need to qualify for retirement under the terms of the Teacher Retirement Association to be eligible for this Section.

Appears in 1 contract

Sources: Principal Agreement

Career Service Recognition Payment. A principal with ten (10) years of administrative service in the District giving three (3) one (1) month notice of severanceseverance or retirement, shall receive $1,000 Career Service Payment for each year of service in the District to the Principal’s Health Care Savings Plan (HCSP), no later than sixty (60) days following severance. This provision is not actionable until 7/1/2013.

Appears in 1 contract

Sources: Principal Agreement

Career Service Recognition Payment. A principal with ten (10) years of administrative service in the District giving one (1) month notice of severance, shall receive $1,000 Career Service Payment for each year of service in the District to the Principal’s Health Care Savings Plan (HCSP), no later than sixty (60) days following severance.thirty

Appears in 1 contract

Sources: Principal Agreement