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An act defining certain words and terms as used herein; requiring that school districts of the state, as herein defined, employ teachers by probationary-status contract by professional-status renewable-term contract as herein defined, under the circumstances and procedures and with the terms, provision, and consequences herein prescribed; prescribing the causes for which and procedures by which holders of such contracts may be discharged during the contract year, and the reasons for which and procedures by which persons holding such contracts may be dismissed or their contractual status changed at the end of a contract year, and the reasons for which and procedures by which persons holding such contracts may be dismissed or their contractual status changes at the end of a contract year; providing for review of orders discharging, dismissing, or changing the contract status of persons holding such contracts; providing teachers discharged or dismissed shall upon written request be entitled to copies of certain reports concerning fitness or conduct of such teachers; stating the conditions under which persons holding such contracts may resign, and the penalties for failure of such persons to resign or be released from and failure to perform such contracts; making this Act cumulative of existing laws relating to rights an privileges granted under the provisions of the Act; providing a saving clause.