Career Options Sample Clauses

The "Career Options" clause outlines the opportunities and pathways available to an individual for professional advancement or alternative roles within an organization or agreement. It typically details the conditions under which an employee may pursue promotions, transfers, or additional training, and may specify eligibility criteria or the process for applying to new positions. This clause serves to clarify the available career development routes, helping to manage expectations and support workforce planning by providing transparency around internal mobility and growth opportunities.
Career Options. 10/6/1 At the employee’s request, the employee and his/her supervisor will discuss the development of a training/career plan.
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Career Options. Permanent employees whose jobs are abolished, who resign and accept severance, may access the Career Assistance Options. The maximum value of Career Assistance shall be $5,000, calculated on the basis of $1,000 for every two- (2) years of service, pro-rated for partial years. Employees may elect one or more of the following assistance options to a maximum value of $5,000.
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Career Options. Unless otherwise stated, applications for these options shall be submitted by January 15 and notification shall be given by February 28. Approval of requests shall be contingent on an assessment of the impact on the program and a demonstration of significant cost savings to the college. Each proposal must be approved by the ▇▇▇▇, the appropriate Vice President, and the President.
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Career Options. Effective the first of the month following the date of signing of the Collective Agreement to September 30, 2012. Permanent employees whose jobs are abolished, who resign and accept severance, may access the Career Assistance Options. The maximum value of Career Assistance shall be $5,000, calculated on the basis of $1,000 for every two- (2) years of service, pro-rated for partial years. Employees may elect one or more of the following assistance options to a maximum value of $5,000.
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Career Options. 10/6/1 At the employee’s request, the employee and his/her supervisor will discuss the development of a training/career plan. Section 1 Wage Adjustments
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Career Options. Career options shall be defined as a total or partial restructuring of an individual‟s job responsibilities for a specified period of time, not to exceed two (2) consecutive semesters. Career option positions may be renewed once for a total of four (4) consecutive semesters per job option proposal. The selection of an individual to hold a career option position will be in recognition of consistently high levels of perform- ance. Proposals for career options may originate with staff, administration, or Board, but shall meet an identified need within the District. Career option positions may be bargaining unit positions or administrative in nature. Seniority will accrue normally while an individual holds a ca- reer option position. The following conditions must be met prior to the implementation of a career option proposal: • Approval by the Board • Posting of the position • Publication of a comprehensive list of position requirements and qualifications for potential applicants • Publication of a comprehensive job description • Publication of monetary compensation of the position • Career options, as defined in this section, are of a totally volun- tary nature
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Related to Career Options

  • Employee Options A regular employee who is subject to displacement shall have the right to select one of the following options. Upon written presentation of the options, the employee shall have 3 full working days to select an option. This time limit may be extended by the mutual agreement of the Parties: (a) accept training, if applicable; or (b) accept placement in a vacant position, either within or outside the bargaining unit, in accordance with the provisions of this Article; or (c) exercise the bumping rights referred to in this Article; or (d) accept layoff, retaining the right to recall and to severance pay in accordance with this Agreement; or (e) accept severance in accordance with Article 9.03 of this Agreement.

  • Share Options With respect to the share options (the “Share Options”) granted pursuant to the share-based compensation plans of the Company and its subsidiaries (the “Company Share Plans”), (i) each Share Option intended to qualify as an “incentive stock option” under Section 422 of the U.S. Internal Revenue Code of 1986, as amended (the “Code”), so qualifies, (ii) each grant of a Share Option was duly authorized no later than the date on which the grant of such Share Option was by its terms to be effective (the “Grant Date”) by all necessary corporate action, including, as applicable, approval by the board of directors of the Company (or a duly constituted and authorized committee thereof) and any required shareholder approval by the necessary number of votes or written consents, and the award agreement governing such grant (if any) was duly executed and delivered by each party thereto, (iii) each such grant was made in accordance with the terms of the Company Share Plans, the Exchange Act, and all other applicable laws and regulatory rules or requirements, including the rules of the New York Stock Exchange (the “Exchange”), and (iv) each such grant was properly accounted for in accordance with IFRS in the financial statements (including the related notes) of the Company. The Company has not knowingly granted, and there is no and has been no policy or practice of the Company of granting, Share Options prior to, or otherwise coordinating the grant of Share Options with, the release or other public announcement of material information regarding the Company or its subsidiaries or their results of operations or prospects.

  • Other Options Other options, or variations to the above options may be agreed between the employer, the affected employee and the relevant union.

  • Company Stock Options (a) Effective as of immediately following the Effective Time, the Company shall take all necessary actions to adjust the Company Stock Awards outstanding as of the Effective Time in accordance with the terms of the Company Stock Plans so as to give effect to the Reverse Stock Split. (b) In the event that, following the adjustment to the Company Stock Options (each such Company Stock Option, as so adjusted, an “Adjusted Company Stock Option”) made pursuant to Section 4.02(a), the number of shares of Common Stock subject to any Adjusted Company Stock Option is less than one, then, except as otherwise agreed by the Company and any holder of any Adjusted Company Stock Option, the Company shall cause such Adjusted Company Stock Option to be cancelled immediately following the Reverse Stock Split, and, in consideration of such cancellation, the holder of such Adjusted Company Stock Option shall be entitled to receive a cash payment (less applicable tax withholdings) equal to, for each share of Common Stock subject to such Company Stock Option immediately prior to the Reverse Stock Split, the Offer Price minus the per share exercise price of such Company Stock Option immediately prior to the Reverse Stock Split; provided, that in the case of any Company Stock Options issued on or following November 7, 2005 to any person who is a full-time employee of the Company as of the date hereof, any Adjusted Company Stock Options with respect to such Company Stock Options shall remain outstanding and holders of such Adjusted Company Stock Options shall not be entitled to receive any cash payments. The Company shall take all steps necessary and appropriate to give effect to this Section 4.02(b), including using reasonable best efforts to obtain any necessary consents to the cancellation of the Adjusted Company Stock Options. (c) In the event that, following the adjustment to outstanding restricted stock or restricted stock units (each, as so adjusted, an “Adjusted Company Restricted Stock”) made pursuant to Section 4.02(a), the number of shares of Common Stock subject to any Adjusted Company Restricted Stock is less than one, then, except as otherwise agreed by the Company and any holder of any Adjusted Company Restricted Stock, the Company shall cause such Adjusted Company Restricted Stock to be cancelled immediately following the Reverse Stock Split, and, in consideration of such cancellation, the holder of such Adjusted Company Restricted Stock shall be entitled to receive a cash payment (less applicable tax withholdings) equal to, for each share of Common Stock subject to such restricted stock or restricted stock units immediately prior to the Reverse Stock Split, the Offer Price less any applicable exercise or purchase price; provided, that in the case of any restricted stock or restricted stock units issued on or following November 7, 2005 to any person who is a full-time employee of the Company as of the date hereof, any Adjusted Company Restricted Stock with respect to such restricted stock or restricted stock units shall remain outstanding and holders of such Adjusted Company Restricted Stock shall not be entitled to receive any cash payments. The Company shall take all steps necessary and appropriate to give effect to this Section 4.02(c), including by obtaining any necessary consents to the cancellation of the Adjusted Company Restricted Stock.

  • Additional Options The NYS Contract Price for Additional Options offered under the Contract in accordance with Section III.2.7 Additional Options, shall be the Additional Options NYS Discount listed on the Contract Pricelist, or higher, applied to the MSRP on the current OEM Data Book or Contractor-Published Pricelist, as applicable. See Section III.1.2