Common use of Pay Options Clause in Contracts

Pay Options. Basic salaries for teachers shall be paid according to the following options: A. Twenty-six (26) equal installments paid throughout the contract year (this is the default which automatically occurs unless a teacher makes the notification described in B). B. Twenty-six (26) equal installments, with the last/”summer” checks simultaneously deposited by the last teacher day of the school year. The teacher selecting this option must notify the Business Office in writing no later than July 31 prior to the beginning of the school year. All new teachers will be paid in 27 equal installments.

Pay Options. Basic salaries for teachers shall be paid according to the following options: A. Twenty-six (26) equal installments paid throughout the contract year (this is the default which automatically occurs unless a teacher makes the notification described in B)installments. B. Twenty-six (26) equal installments, installments with teachers having the last/”summer” option of receiving the balance of their checks simultaneously deposited by on the last payday before the close of school on the last teacher day of the school year. The teacher selecting this option must notify the Business Office in writing no later than July 31 prior to the beginning February 1 of the school year. All new . C. New teachers will be paid in 27 twenty-seven (27) equal installmentsinstallments for the first year of employment and will be paid according to options Article II, Sections 3 A or B thereafter.