Class Seniority Clause Samples
The Class Seniority clause establishes the order of precedence among different classes of securities or stakeholders, typically in the context of payments, voting rights, or claims on assets. In practice, this clause specifies which class of shareholders or creditors will be paid first in the event of liquidation or how voting power is distributed among classes. By clearly defining the hierarchy, the clause ensures that all parties understand their relative rights and priorities, thereby reducing disputes and providing predictability in financial and governance matters.
Class Seniority. The length of continuous regular and probationary service with the Employer from the date an employee was first appointed to a class title covered by this Agreement.
Class Seniority. The length of service within a classification included within the recognized unit.
Class Seniority. An Employee’s continuous length of creditable service in a specific job classification with an Employer.
Class Seniority. The length of continuous regular and probationary service with the Employer from the date an employee was first appointed to a class title covered by this Agreement.
17.2 Seniority shall not accumulate during an unpaid leave of absence, except when such a leave is granted for a period of less than thirty (30) calendar days; is granted because of illness or injury; is granted to allow an employee to accept an appointment to the unclassified service of the Employer or to an elected or appointed full-time position with the Union.
17.3 Seniority shall terminate when an employee retires, resigns, or is discharged.
17.4 In the event it is determined by the Employer that it is necessary to reduce the work force, all temporary employees shall be released prior to the layoff of permanent employees. Further, it is the Employer’s intent that permanent employees will be laid off by class title within each Department based on inverse length of “Class Seniority”. However, the Employer reserves the right to institute layoffs out of seniority for legitimate business reasons. “Legitimate business reasons” shall include, but not be limited to, retaining employees with specialized skills, training, or experience that are necessary for the Employer to continue ongoing operations that would otherwise be unduly hindered if such employees were not retained. The Union shall receive a thirty (30) day written notification of the legitimate business reasons for out-of-order layoffs only. The Employer’s exercise of this right shall not be arbitrary or capricious. If the Union believes that an out-of-order layoff has occurred for an arbitrary or capricious reason, such decision may be grieved under Article 21 (GRIEVANCE PROCEDURE). Upon request, the parties agree to “meet and confer” to discuss any out-of-order layoff. This Article shall not be used in place of Article 15 (DISCIPLINARY PROCEDURES) to discharge employees. Employees laid off shall have the right to reinstatement in their Department to any previously held lower paid class title in this bargaining unit, provided such employee has greater “Class Seniority” than the employee being replaced. Recall from layoff shall be in inverse order of layoff, except that recall rights shall expire after two (2) years of layoff.
17.5 The selection of vacation periods shall be made by class title based on length of “Class Seniority”, subject to the approval of the Employer.
Class Seniority. The length of continuous regular and probationary service with the Employer from the date an employee was first appointed to a class title covered by this Agreement.
17.2 Seniority shall not accumulate during an unpaid leave of absence, except when such a leave is granted for a period of less than thirty (30) calendar days; is granted because of illness or injury; is granted to allow an employee to accept an appointment to the unclassified service of the Employer or to an elected or appointed full-time position with the Union.
17.3 Seniority shall terminate when an employee retires, resigns, or is discharged.
17.4 In the event it is determined by the Employer that it is necessary to reduce the work force, the Employer will determine the classification and selection of personnel that will be subject to layoff based upon merit principles. All temporary employees shall be released prior to the layoff of permanent employees.
17.5 The selection of vacation periods shall be made by class title based on length of “Class Seniority,” subject to the approval of the Employer.
Class Seniority. The length of continuous regular and probationary service with the Employer from the date an employee was first appointed to a class title covered by this Agreement.
17.2 Seniority shall not accumulate during an unpaid leave of absence, except when such a leave is granted for a period of less than thirty (30) calendar days; is granted because of illness or injury; is granted to allow an employee to accept an appointment to the unclassified service of the Employer or to an elected or appointed full-time position with the Union.
17.3 Seniority shall terminate when an employee retires, resigns, or is discharged.
17.4 In the event it is determined by the Employer that it is necessary to reduce the work force all temporary employees shall be released prior to the layoff of permanent employees. Further, it is management’s intent that permanent employees will be laid off by class title within each department based on inverse length of “Class Seniority”. However, management reserves the right to institute layoffs out of seniority order for legitimate business reasons. Management’s exercise of this right shall not be arbitrary or capricious. If the Union believes that an out-of-order layoff has occurred for an arbitrary or capricious reason, such decision may be grieved under Article 21.
17.5 The selection of vacation periods shall be made by class title based on length of “Class Seniority,” subject to the approval of the Employer.