Prep Period Buyout Sample Clauses
A Prep Period Buyout clause allows one party, typically a producer or studio, to compensate another party, such as a writer or director, for the right to terminate or bypass the standard preparation period of a project. In practice, this means the party receiving the buyout is paid a negotiated fee instead of being engaged for the full prep period, and the other party gains flexibility to proceed without their involvement during that time. This clause is primarily used to provide financial certainty to the party being bought out while giving the other party the ability to adjust project timelines or personnel without breaching contract terms.
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Prep Period Buyout. Prep time will be paid out at $30/hour and will be prorated, provided the teacher is voluntarily giving up their time as a last resort to assist administration in continuing coverage of students and programming.
1. The sick leave bank shall apply to all persons employed by the school corporation whose employment requires the holding of a license issued by the Indiana Department of Education whether or not any such person is a member of the bargaining unit to which this contract applies.
2. A "contributing individual" is one who, within the first thirty (30) days of the contract year signs a contribution form. Such contribution form shall require the assigning of one
(1) day of sick leave to the sick leave bank and an individual may contribute up to 5 total days if so motivated during any enrollment period. A person shall cease to be a contributing individual upon the failure of such individual to sign such contribution form and such individual shall thereafter not be entitled to draw any sick leave days from the sick leave bank until becoming a contributing member the following year.
3. Present and new faculty members who wish to become "contributing individuals" may do so by following the procedure in paragraph two (2). Staff who hire in after the annual enrollment period closes can still enroll under equivalent timelines as original enrollment period.
4. Use of the sick leave bank shall be subject to the following limitations:
a. Sick bank leave shall be used after the teacher takes a second consecutive unpaid leave day and has exhausted all accumulated sick days as well as all annual sick and personal days. In the event a teacher on sick bank leave returns to work and then finds it necessary on advice of a doctor to take additional leave for the same disability no additional days shall be deducted, subject to the approval of the Sick Bank Review Committee.
b. In the event a teacher is disabled as a result of illness or injury of a different nature during the same school year any additional sick leave bank time granted is subject to approval of Sick Bank Review Committee.
c. Sick bank leave shall be used for the purposes permitted by the Federal Medical Leave Act (FMLA) and must be supported by a written request by the contributing individual and the appropriate FMLA certification specifying the nature of the illness and prognosis report for the teacher's return to work.
d. Days taken from the sick leave bank shall apply only to those days on which a tea...
Prep Period Buyout. Prep time will be paid out at $30/hour and will be prorated, provided the teacher is voluntarily giving up their time as a last resort to assist administration in continuing coverage of students and programming.
Prep Period Buyout. If the Board determines that a seven-period day for Teachers shall be followed in any one of the District's secondary schools, if a teacher volunteers to teach a 7th period of structured classroom teaching, the teacher shall be compensated at the rate of one-seventh (1/7) of his or her salary per year of overload. One seventh of the salary will be calculated by the regular salary of the teacher multiplied by .14286 and rounded to the nearest whole dollar. (i.e. If the teacher makes $34,000 then 1/7 of that would be $4,857) If teachers are working over 1.0 FTE then the extra FTE has to be offered in a separate contract and made clear that it is on a semester by semester basis and may only be extended by mutual agreement of the administrator and teacher.