As used in this subchapter:
(1) “Teacher” means a person who:
(A) Holds a license under § 6-17-401 et seq.; and
(B) Is engaged in student contact for more than seventy percent (70%) of the person's contracted time;
(2) “In residence” means working exclusively with the Division of Elementary and Secondary Education at a location agreed upon between the division and the Arkansas Teacher of the Year;
(3) “School district board of directors” means the local board of directors of a school district who are duly elected and qualified to hold office; and
(4) “Superintendent” means the executive officer of a school district board of directors directing the affairs of the school district and teaching not more than one-half (½) of the time in the school day.