Release Time, Compensation and Stipends for Extra Service Assignments Sample Clauses

Release Time, Compensation and Stipends for Extra Service Assignments. The District shall compute, according to established criteria, the annual released time and stipend recommendations for extra service assignments. Such stipends and released time shall be subject to the approval of the Board of Trustees upon the recommendation of the Chancellor. The Association will be informed of changes in the released time allotment in a timely manner. Additional responsibilities for faculty shall be compensated on a ratio of 1 LHE for every 36 hours of required work.
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Related to Release Time, Compensation and Stipends for Extra Service Assignments

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  • Termination Compensation Termination Compensation equal to two (2) times the Executive's Base Period Income shall be paid to the Executive in a single sum payment in cash on the thirtieth (30th) business day after the later of (a) the Control Change Date and (b) the date of the Executive's employment termination; provided that if at the time of the Executive's termination of employment the Executive is a Specified Employee, then payment of the Termination Compensation to the Executive shall be made on the first day of the seventh (7th) month following the Executive's employment termination.

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