Common use of Removal Without Cause Clause in Contracts

Removal Without Cause. The Interim President of Bakersfield College serves in the administrative assignment at the pleasure of the Board and may be removed from such assignment by the Chancellor, without cause or any reason after thirty (30) days advance written notice, or as otherwise agreed to by both parties. The Interim President shall have no right of appeal or any other rights except as set forth and herein or otherwise required by law. In consideration for the exercise of this right, the District shall pay to the Interim President the sum of $1. The parties agree that the payments made pursuant to this termination without cause provision, along with the District's agreement to allow the Interim President to retreat to a year one faculty position as constitutes reasonable liquidated damages for the Interim President, fully compensates the Interim President for all tort, contract, and other damages of any nature whatsoever, whether in law or equity, and does not result in a penalty. The parties agree that this provision meets the requirements governing maximum cash settlements as set forth in Government Code sections 53260 et seq.

Appears in 1 contract

Sources: Employment Agreement

Removal Without Cause. The Interim President of Bakersfield College serves in the administrative assignment at the pleasure of the Board and may be removed from such assignment by the Chancellor, without cause or any reason after thirty (30) days days’ advance written notice, or as otherwise agreed to by both parties. The Interim President shall have no right of appeal or any other rights except as set forth and herein or otherwise required by law. In consideration for the exercise of this right, the District shall pay to the Interim President the sum of $1. The parties agree that the payments made pursuant to this termination without cause provision, along with the District's agreement to allow the Interim President to retreat to a year one faculty position as constitutes reasonable liquidated damages for the Interim President, fully compensates the Interim President for all tort, contract, and other damages of any nature whatsoever, whether in law or equity, and does not result in a penalty. The parties agree that this provision meets the requirements governing maximum cash settlements as set forth in Government Code sections section 53260 et seq.

Appears in 1 contract

Sources: Employment Agreement