Common use of Last Year of Employment Clause in Contracts

Last Year of Employment. If, during the principal’s/assistant principal’s last year of employment with the District, the District wishes to have the principal/assistant principal work to the end of the Agreement year rather than have him/her take vacation days, the District shall pay the principal/assistant principal at the end of that year at his/her daily rate of pay (daily rate = basic salary plus longevity, education credit and performance pay/260 days) for the number of unused vacation days to a maximum of twenty-five (25) days (200 hours)

Last Year of Employment. If, during the principal’s/assistant principal’s last year of employment with the District, the District wishes to have the principal/assistant principal work to the end of the Agreement year rather than have him/her take vacation days, the District shall pay the principal/assistant principal at the end of that year at his/her daily rate of pay (daily rate = basic salary plus longevity, education credit and performance pay/260 days) for the number of unused vacation days to a maximum of twenty-five (25) days (200 hours)days