DCPS Clause Samples
The DCPS (Direct Credit Payment System) clause defines the terms and procedures for making payments directly through a specified electronic credit system. Typically, this clause outlines how payments are to be processed, the timing of transfers, and the responsibilities of both payer and payee in ensuring correct account details are provided. By standardizing the payment method, the clause helps prevent disputes over payment timing and method, ensuring efficient and traceable financial transactions between parties.
DCPS. The District of Columbia Public Schools, an agency of the District of Columbia.
DCPS. The District of Columbia Public Schools, an agency of the District of Columbia. EXCESS. An excess is an elimination of a Teacher’s position at a particular school due to a decline in student enrollment, a reduction in the local school budget, a closing or consolidation, a restructuring, or a change in the local school program, when such an elimination is not a ‘reduction in force’ (RIF) or ‘abolishment.’ EVALUATION PROCESS. The evaluation process refers to the procedures set forth in the District of Columbia Schools Effectiveness Assessment System for School-Based Personnel. FULL AND EQUAL PARTNERSHIP COMMITTEE (FEP). A joint committee established by the Chancellor of the District of Columbia Public Schools and the President of the Washington Teachers’ WTU with responsibility for ensuring the full and successful implementation of this Agreement. FULL RETIREMENT BENEFITS. Those benefits that retiring Teachers would be entitled to with 30 years of service and at least 55 years of age, as defined by the District of Columbia Retirement Board (DCRB)(except where provided for under 4.5, Performance-Based Excessing) GOVERNING LICENSURE BOARD. An organization or agency responsible for granting a license or license requirement for students of vocational study. JOINT COMMITTEE. A committee consisting of an equal number of representatives from DCPS and the WTU to be co-chaired by the Chancellor (or her/his designee) and the WTU President (or her/his designee). LOCAL SCHOOL ADVISORY TEAM (LSAT). A consensus group of local school stakeholders (e.g., administrators, Teachers, WTU representatives, students, parents/guardians, community members, etc.), who are elected or appointed to advise the Supervisor on matters of local school policy, and which shall operate under the guidelines established in the Planning Guide for LSATs (to be developed jointly by DCPS and the WTU). MENTOR TEACHERS. Teachers who have been released from the classroom on a full-time basis to mentor new Teachers to DCPS.
DCPS. The consideration to be paid by SurgiCare to the DCPS Sellers for the DCPS Interests shall be, in the aggregate:
(i) $1,500,000 in cash (the “DCPS Cash Consideration”);
(ii) a number of SurgiCare Class C Common Shares equal to the product of 7,878,800 multiplied by the Reverse Split Fraction (the “DCPS Share Consideration”); and
(iii) subordinated promissory notes of SurgiCare, substantially in the form attached hereto as Exhibit B, in the aggregate principal amount of $500,000 (the “DCPS Notes”).
DCPS. DCPS is the local educational agency (“LEA”) in the District of Columbia with responsibility for providing elementary and secondary education services to children of compulsory school age who enroll in DCPS. (See D.C. Official Code § 38-171.) When timely notified by DYRS of placement, as a result of this MOA, DCPS agrees to serve as the LEA for all youth committed to DYRS who are placed in RTCs, PRTFs and OOS residential schools.