Change of Employee Classification Sample Clauses

Change of Employee Classification. Hospital employees who secure RN licensure and continue employment at the Hospital in a registered nurse position shall not lose previously accrued vacation or sick leave. All hours previously accrued for vacation purposes shall be credited for placement on the vacation schedule.
AutoNDA by SimpleDocs
Change of Employee Classification. If an Employee does not agree to accept work in a lower wage rate classification, such Employee shall accept a layoff, in writing, and the Employer shall process such layoff, on the basis of lack of work, effective the end of the Employee’s shift.
Change of Employee Classification. OMC employees who secure RN licensure and continue employment at OMC in an RN position shall not lose their accrued vacation, sick leave or holiday. Once employed as a RN, all previously accrued hours of work at OMC shall only be credited for placement on the vacation schedule. The Hospital shall continue its practice of orienting new RNs as appropriate. At the Employer’s discretion, placement on the salary schedule for the employee changing classification may take into consideration related experience in nursing service skills of the employee.
Change of Employee Classification. 12.8 Re-Employment.
Change of Employee Classification. (a) In the event a Participant is no longer a member of an eligible class of Employees and becomes ineligible to participate, but has not incurred a Break in Service, such individual will participate immediately upon returning to an eligible class of Employees. If such Participant incurs a Break in Service, eligibility will be determined under the break in service rules of Section 1.59
Change of Employee Classification. In the event a Participant becomes ineligible to participate because he or she is no longer an Eligible Employee, but has not incurred a Break in Service, such Employee shall participate immediately upon again becoming an Eligible Employee. Such Employee’s accounts shall remain in the Plan and share in Net Earnings of the Trust Fund until distribution under the provisions of this Plan at the time the Employee retires, dies, becomes disabled or otherwise experiences a Severance from Employment. In the event an Employee who is not an Eligible Employee becomes an Eligible Employee, such Employee shall participate immediately if such Employee has satisfied the age and Service requirements and would have otherwise previously become a Participant.
Change of Employee Classification. In the event a Participant becomes ineligible to participate because he is no longer an Eligible Employee but has not incurred a Break in Service, such Employee shall participate immediately upon again becoming an Eligible Employee. If such Participant incurs a Break in Service, eligibility shall be determined under the Break in Service rules of the Plan. In the event an Employee who is not an Eligible Employee becomes an Eligible Employee, such Employee shall participate immediately if such Employee has satisfied the age and Service requirements and would have otherwise previously become a Participant, or, if later, the date the Employee otherwise would have entered the Plan had he always been an Eligible Employee.
AutoNDA by SimpleDocs

Related to Change of Employee Classification

  • Termination of Employment; Change in Control (i) For purposes of the grant hereunder, any transfer of employment by the Optionee among the Corporation and the Subsidiaries shall not be considered a termination of employment. Except as set forth below in this Section 4(c)(i), if the Optionee's employment with the Corporation shall terminate for any reason, (a) the Option (to the extent then vested) may be exercised at any time within ninety (90) days after such termination (but not beyond the Term of the Option) and (b) the Option, to the extent not then vested, shall immediately expire upon such termination. Notwithstanding the foregoing, (a) if the Optionee's employment with the Corporation is terminated for Cause (as defined in the last Section hereof), the Option, whether or not then vested, shall be automatically terminated as of the date of such termination of employment, (b) if the Optionee's employment terminates by reason of Retirement, the termination of the Optionee's employment by the Company other than for Cause, or the termination of the Optionee's employment by the Optionee for Good Reason (as defined in the last Section hereof), the Option shall remain exercisable for three years from the date of such termination of employment (but not beyond the Term of the Option) and (c) if the Optionee dies or becomes Disabled (A) while employed by the Corporation or (B) within 90 days after the termination of his or her employment (other than a termination described in clause (a) or (b) of this sentence), the Option may be exercised at any time within one year after the Optionee's death or Disability (but not beyond the Term of the Option).

Time is Money Join Law Insider Premium to draft better contracts faster.