Section 342.549 - Administrator contracts; benefits after termination(1) As used in this section: (a) "Administrator" means a person who is employed as an administrator or is performing administrative duties, regardless of whether the person is required to have a license, and includes but is not limited to superintendents, assistant superintendents and business managers.(b) "Administrator" does not include a person who is subject to ORS 342.805 to 342.937.(2) A school district, education service district or public charter school shall:(a) Enter into an employment contract, with each administrator, that has provisions that cover the duration of the contract, conditions for contract termination and extension and conditions for employee resignation; and(b) Have the current employment contract for each administrator on file in the central office of the district or school.(3) Except as provided in subsection (4) of this section, a school district, education service district or public charter school may not enter into an employment contract with an administrator that contains provisions that expressly obligate the district or school to compensate the administrator for work that is not performed.(4) A school district, education service district or public charter school may provide health benefits for an administrator who is no longer employed by the district or school until the administrator:(a) Reaches 65 years of age; or(b) Finds new employment that provides health benefits.(5) For a period of one year after the termination of the contract between an administrator and a school district, education service district or public charter school, the administrator may not: (a) Purchase property or surplus property owned by the district or school; or(b) Use property owned by the district or school in a manner other than the manner permitted for the general public in a school district or education service district or at a public charter school.342.549 was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 342 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.