EARLY TERMINATION OF CONTRACT/BREACH OF CONTRACT Sample Clauses

The Early Termination of Contract/Breach of Contract clause defines the conditions under which a contract may be ended before its agreed-upon completion date, typically due to one party failing to fulfill their obligations. This clause outlines the specific actions or omissions that constitute a breach, the process for notifying the breaching party, and any remedies or penalties that may apply, such as compensation or the return of property. Its core function is to provide a clear framework for ending the contractual relationship in cases of non-performance, thereby protecting the interests of the non-breaching party and reducing uncertainty in the event of a dispute.
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EARLY TERMINATION OF CONTRACT/BREACH OF CONTRACT. 1. Teachers requesting release from their contract after the legal notification date will be obligated to reimburse the Board of Education if the release is granted. at the following rates: The reimbursement will be In the event the district must utilize a collection agency or services of an attorney to collect the above late resignation fee, the educator will be responsible for the additional cost to the district. This charge may be waived by the Board if the request is based on emergencies deemed necessary by the Board. 2. Teachers who notify the board of education of a resignation or retirement will be paid the following compensation once all contractual obligations to the district have been met:
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EARLY TERMINATION OF CONTRACT/BREACH OF CONTRACT. The following paragraph shall be included as part of the contract for each teacher, and shall be stated in writing on the contract: The board will accept the resignation of a teacher tendered after the 14th calendar day following the third Friday in May of each year upon receipt of: 1. One (1) percent of the teacher’s contracted salary for a resignation received between said date and June 15 inclusive, 2. Two (2) percent of the teacher’s contracted salary for a resignation received between June 16 and July 15 inclusive, 3. Three
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EARLY TERMINATION OF CONTRACT/BREACH OF CONTRACT. Section 5.01 Employees who resign after the statutory deadline for licensed employees to notify the board (two weeks after the third Friday in May) and prior to July 1st, shall be assessed liquidated damages of $1000$1500. Employees who resign between July 1 and July 31 shall be assessed a liquidated damages fee of $1200$2000. Employees who resign between August 1 and the end of the school year shall be assessed a liquidated damage fee of $2000$3000. Section 5.02 The employee shall pay the liquidated damages fee when he or she turns in his or her written resignation to the Superintendent. The employee may arrange for the fee to be withheld from his or her last paycheck. Section 5.03 The board reserves the right to consider extenuating circumstances in the application of this policy. Section 5.04 It is specifically agreed that notice of reassignment shall be considered an acceptable reason for suspending the application of liquidated damages in the event the teacher affected by the reassignment requests to be released from the contract within 30 days of the written notice of reassignment. Section 5.05 The Board will waive breach of contract provided the above procedures are followed. Persons who refuse to pay the above fees, when applicable, shall be subject to a breach of contract charge, which will be filed in district court.
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EARLY TERMINATION OF CONTRACT/BREACH OF CONTRACT. 1. The following paragraph shall be included as part of the contract for each teacher, and shall be stated in writing on the contract: Teachers requesting release from their contract after the legal notification date will be obligated to reimburse the Board of Education if the release is granted. The reimbursement will be at the following rates: In the event the district must utilize a collection agency or services of an attorney to collect the above late resignation fee, the educator will be responsible for the additional cost to the district. This charge may be waived by the Board if the request is based on emergencies deemed necessary by the Board. 2. Teachers who notify the board of education of a resignation or retirement will be paid the following compensation once all contractual obligations to the district have been met:
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Related to EARLY TERMINATION OF CONTRACT/BREACH OF CONTRACT

  • Termination of Contract The Department may terminate the Contract for refusal by the Contractor to comply with this section by not allowing access to all public records, as defined in Chapter 119, F. S., made or received by the Contractor in conjunction with the Contract.

  • VIOLATION OF CONTRACT TERMS/BREACH OF CONTRACT Violation of contract terms or breach of contract by Engineer shall be grounds for termination of this Contract, and any increased costs arising from Engineer’s default, breach of contract, or violation of contract terms shall be paid by Engineer.

  • BREACH OF CONTRACT TERMS Any violation or breach of terms of this contract on the part of the Contractor or the Contractor’s subcontractors may result in the suspension or termination of this contract or such other action that may be necessary to enforce the rights of the parties of this contract. The duties and obligations imposed by the contract documents and the rights and remedies available thereunder shall be in addition to and not a limitation of any duties, obligations, rights and remedies otherwise imposed or available by law.

  • Termination of Contracts Neither the Company nor any of its Subsidiaries has sent or received any communication regarding termination of, or intent not to renew, any material contract or agreement referred to or described in the Registration Statement, the Pricing Disclosure Package and the Final Prospectus or filed as an exhibit to the Registration Statement, and no such termination or non-renewal has been threatened by the Company or any of its Subsidiaries or by any other party to any such contract or agreement.

  • Material Breach of Contract In the event Contractor fails to deliver the product and services as contracted for herein, to the satisfaction of the City of Sparks or otherwise fails to perform any provisions of this Contract, the City, after providing five (5) days written notice and Contractor’s failure to cure such breach within the time specified in the notice, may without waiving any other remedy, make good the deficiencies and deduct the actual cost of providing alternative products and/or services from payment due the Contractor. Non-performance after the first notice of non-performance shall be considered a material breach of contract.