Tear Em Asunder

CSU Ramblings

jcl508

Joined: 8/21/14 Posts: 12534
Likes: 2198


It's there.


......After any termination under Section 6.c. of the Agreement, Bobo agrees to use his best efforts to secure comparable employment from another employer. If Bobo accepts any other employment after the Notice of Termination and until the Contract Ending Date, any Best Interest Flexibility Amount owed by the University shall be reduced by the amount of any such compensation earned by Bobo during the balance of the remaining Term, subject to the understanding that the compensation earned by Bobo from a subsequent employer may not be back-loaded to a time period after the Contract Ending Date. Thus, the Best Interest Flexibility payment would be limited to the difference between any remaining Best Interest Flexibility Amount owed and any compensation earned through Bobo's subsequent employment. If Bobo's new employment provides compensation during the balance of the remaining Term equal to or greater than any prorated Best Interest Flexibility Amount owed by the University, the University's obligation to pay any Best Interest Flexibility Amount shall cease immediately and permanently upon the date Bobo begins such new employment or his receipt of such compensation.



[Post edited by jcl508 at 12/02/2019 7:46PM]

(In response to this post by Ram78)

Posted: 12/02/2019 at 7:45PM



+1

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Current Thread:
 
  
It is easy for we fans.......... -- CSU RAMbunctious 12/02/2019 6:58PM
  You can take your frustrations out on me...... -- CSU RAMbunctious 12/02/2019 11:39PM
  How do you explain the Lobos and Rebels then? -- 92YankeeRam 12/02/2019 7:41PM
  Bobos buyout will be negated by his new job -- LoFasZz 12/02/2019 7:08PM
  QB coach maybe -- RamFan99 12/02/2019 10:50PM
  Why do you think his next job -- Ram78 12/02/2019 7:42PM
  It's there. -- jcl508 12/02/2019 7:45PM
  Quick question -- Ram78 12/02/2019 8:04PM
  Got it thanks ** -- Ram78 12/02/2019 7:48PM
  Exactly -- Class of 95 12/02/2019 7:18PM

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