Common use of Resignation Penalty Clause in Contracts

Resignation Penalty. If a teacher resigns during the school year for other than extenuating circumstances beyond the teacher's control, the teacher will be penalized four percent (4%) of his/her annual salary. Said penalty shall be deducted from his/her final paycheck.

Resignation Penalty. If a teacher resigns during the school year term (i.e., student year) for other than extenuating circumstances beyond the teacher's ’s control, the teacher will be is penalized four percent (4%) 4.0% of his/her annual salary. Said penalty If a non-tenure teacher resigns during August, the affected teacher shall be deducted from his/her final paycheckreimburse the District an amount equivalent to that paid by the District for the health insurance benefit for August. The affected teacher shall continue to receive insurance coverage for the entire month of August.