Buyouts. A buyout is when a Resident pays an additional fee to not have a roommate in a double- occupancy housing unit. Buyouts are not guaranteed and typically offered to Residents who are in a double-occupancy room by themselves once the semester has begun, in September and January, if space allows. Buyouts are not available in all buildings or for all room types.
Buyouts. The Employer will make available to all Legacy (GF) employees a voluntary buyout as per the following Buyout Schedule. The employees accepting the buyout shall be deemed to have terminated their services with the Employer and will have no right of recall or re-employment with the Employer. Calculation of the amount of the buyout as indicated below shall be based on a calculation of average weekly hours. For this purpose, the average number of hours will be based on hours worked or paid over the previous fifty-two (52) weeks prior to the buyout offer. Periods of time during which an employee was on maternity leave, parental leave, adoption leave or WCB benefits, will not be counted as time worked for the purpose of calculating the average. The Employer reserves the right to make the final determination as to the number of employees who may participate in the program and their departure dates.
Buyouts. Amend Article 52 and move to New Letter of Understanding LETTER OF UNDERSTANDING #1 LETTER OF UNDERSTANDING #2 Amend Letter of Understanding #2; Update current roster LETTER OF UNDERSTANDING #3 Renew Letter of Understanding #3- Health and Safety Committee- Retail LETTER OF UNDERSTANDING #4 Renew Letter of Understanding #4- Section 50 of LRC. LETTER OF UNDERSTANDING #5 Amend & Renew: Letter of Understanding #5 (5) Courtesy Clerks
5. It is understood that Courtesy Clerks are excluded from the guarantee calculations but are eligible to receive guarantees. If the Company exceed the ten percent (10%) indicated above in a week, hours in excess of ten percent (10%) shall be paid at the rate of fifteen dollars ($15.00) per hour to the most senior Food Specialist(s).
Buyouts. Number to be determined.
Buyouts. The Employer may offer voluntary buyouts that do not violate any provision of the Agreement.
Buyouts. The Board, at its discretion, may offer and grant buyout options to teachers. The granting of such buyouts does not constitute a "prior practice" situation or otherwise obligate the Board to continue the offer.
Buyouts. The Employer will make available to all Food Specialists and GM Specialists a voluntary buyout as per the following Buyout Schedule. The employees accepting the buyout shall be deemed to have terminated their services with the Employer and will have no right of recall or re-employment with the Employer. Calculation of the amount of the buyout as indicated below shall be based on a calculation of average weekly hours. For this purpose, the average number of hours will be based on hours worked or paid over the previous fifty-two (52) weeks prior to the buyout offer. Periods of time during which an employee was on maternity leave, parental leave, adoption leave or WCB benefits, will not be counted as time worked for the purpose of calculating the average. The Employer reserves the right to make the final determination as to the number of employees who may participate in the program and their departure dates. The Union will be provided with copies of all buyout applications and offers made by the Company. A minimum of two hundred fifty (250) buyouts will be offered to eligible applicants, with a minimum of one hundred (100) applicants in the first eighteen (18) months following ratification.
Buyouts. An alternative workload may be arranged when Full-Time Faculty Members obtain documented, sufficient research funding that can be applied to offset the costs of suitable teaching replacements to the extent the grant permits. Such arrangements, which shall be at no additional costs to King’s, require the approval of the Department Chair, the VPAD, and the President. Funds should be paid directly to King’s from the granting agency.
Buyouts. At Buyer's request, the Company will take all reasonable ------- steps to enter into agreements with certain entities previously acquired by the Company (which agreements shall be reasonably satisfactory to Buyer) pursuant to which the Company shall obtain an option to buy out the remaining obligations of the Company with respect to each such entity for a price to be agreed upon by Buyer, the Company and the respective entity; provided that, the Company shall not be required to enter into any such agreements unless (i) such agreement is not consummated until and will be subject to, the consummation of the transaction contemplated hereby and (ii) such agreement either (A) may be terminated by the Company upon termination of this Agreement or (B) expires pursuant to its terms no later than December 31, 1998 without any payment by or penalty to the Company.
Buyouts. Buyer and each of Xxxxxx X. Xxxxxxx and Xxxxxx X. Xxxxx ------- shall have executed and delivered mutually satisfactory documentation evidencing the buyout of certain agreements with such individuals and the termination of their employment with the Company, all pursuant to the terms set forth on Schedule 8.3(c) attached hereto. ---------------
