Common use of Longevity Award Clause in Contracts

Longevity Award. Longevity Award: Administrators shall receive a one-time payment of $1000.00780.00 at the conclusion of the first five (5) years of consecutive District service as an Administrator,

Longevity Award. Longevity Award: Administrators shall receive a one-time payment of $1000.00780.00 780.00 at the conclusion of the first five (5) years of consecutive District service as an Administrator,, $1,050.00 at the conclusion of ten (10) consecutive years of District service as an Administrator, $1,300.00 at the conclusion of fifteen (15) consecutive years of District service as an Administrator, and $1,560.00 at the conclusion of twenty (20) consecutive years of District service as an Administrator.