Co-Location of Employees Sample Clauses

Co-Location of Employees. (a) The BFA Recipients will be entitled to collectively co-locate up to five (5) of their employees in each of the facilities used by the ETF Dedicated employees (“BFA Co-Located Employees”) (i.e., up to a total of ten (10) such employees), subject to State Street’s right to object in good faith to any specific employee for regulatory or security reasons. (b) BFA Co-Located Employees shall be entitled to monitor the ETF Dedicated portion of the iGroupServices subject to reasonable restrictions as State Street shall determine, provided that: (i) such restrictions shall not unduly inhibit such BFA Co-Located Employees’ ability to monitor State Street’s compliance with the Service Levels; and (ii) such BFA Co-Located Employees shall not be entitled to give instructions or directions to any State Street Personnel unless such direction constitutes Proper Instructions. (c) Any Co-Located Employees shall be required to enter into a code of conduct, provide annual certification to State Street of compliance with such code, submit to State Street’s standard protocol for hiring employees and any other regulatory requirements applicable to State Street, and comply with such procedures designed to protect the Intellectual Property and Confidential Information of State Street and its customers as State Street requires of its own employees operating in a similar environment. (d) The applicable BFA Recipients will secure from each BFA Co-Located Employee and provide to State Street a signed, written acknowledgement that the employee is an employee of such BFA Recipient or BFA (and not State Street) and that the employee waives any and all employment-related claims for compensation or otherwise it may have at any time against State Street. Such BFA Recipient shall be responsible for ensuring that any such BFA Co-Located Employees comply with the obligations so established.
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Co-Location of Employees. (a) The BTC Recipients will be entitled to collectively co-locate up to five (5) of their employees in each of the facilities used by Covered Persons and/or iGroup (“BTC Co-Located Employees”) (i.e., up to a total of ten (10) such employees), subject to State Street’s right to object in good faith to any specific employee for regulatory or security reasons. Master Services Agreement 13 BTC | State Street CONFIDENTIAL (b) BTC Co-Located Employees shall be entitled to monitor the Service Center Services, the Institutional Services and/or iGroup Services subject to reasonable restrictions as State Street shall determine, provided that: (i) such restrictions shall not unduly inhibit such BTC Co-Located Employees’ ability to monitor State Street’s compliance with the Service Levels; and (ii) such BTC Co-Located Employees shall not be entitled to give instructions or directions to any State Street Personnel unless such direction constitutes Proper Instructions.

Related to Co-Location of Employees

  • Termination of Employees Agent may in its discretion stop using any Retained Employee at any time during the Sale, subject to the conditions provided for herein. In the event that Agent desires to cease using any Retained Employee, Agent shall notify Merchant at least seven (7) days prior thereto, so that Merchant may coordinate the termination of such employee; provided, however, that, in the event that Agent determines to cease using an employee “for cause” (which shall consist of dishonesty, fraud or breach of employee duties), the seven (7) day notice period shall not apply, provided further, however, that Agent shall immediately notify Merchant of the basis for such “cause” so that Merchant can arrange for termination of such employee. From and after the date of this Agreement and until the Sale Termination Date, Merchant shall not transfer or dismiss Retained Employees except “for cause” without Agent’s prior consent. Notwithstanding the foregoing, Agent shall not have the right to terminate the actual employment of any Retained Employee, but rather may only cease using such employee in the Sale and paying any Expenses with respect to such employee.

  • Location of Employment The Executive's principal place of business shall continue to be at the Company's headquarters to be located within thirty (30) miles of Doylestown, Pennsylvania; provided, that the Executive acknowledges and agrees that the performance by the Executive of his duties shall require frequent travel including, without limitation, overseas travel from time to time.

  • CLASSIFICATION OF EMPLOYEES Section 1. A full-time employee shall be deemed to be any employee regularly scheduled to work forty (40) hours per week. A regular employee is one whose employment is reasonably expected to continue for longer than fifteen (15) months. Section 2. A part-time employee shall be deemed to be any employee regularly scheduled to work less than forty (40) hours per week. Section 3. The Company shall have the right to reduce employee classifications from full-time to part-time or to increase employee classifications from part-time to full-time. Should the Company deem it appropriate to reclassify full-time employees to part-time employees, it will seek volunteers from the affected group and then force in reverse order of seniority. Section 4. A temporary employee is one who is engaged for a specific project or a limited period, with the definite understanding that his/her employment is to terminate upon completion of the project or at the end of the period, and whose employment is expected to continue for more than three (3) consecutive weeks, but not more than fifteen (15) months. The termination of the employment of such temporary employees shall not be subject to the grievance or arbitration provisions of this Agreement. Section 5. Agency workers and independent contractors shall not be deemed to be employees of the Company and, as such, shall not be covered by any of the terms or conditions of this Agreement.

  • Notification of Employees A. Written notice of layoff shall be given to an employee or sent by mail to the last known mailing address at least fourteen (14) calendar days prior to the effective date of the layoff. Notices of layoff shall be served on employees personally at work whenever practicable. B. It is the intent of the parties that the number of layoff notices initially issued shall be limited to the number of positions by which the work force is intended to be reduced. Additional notices shall be issued as other employees become subject to layoff as a result of employees exercising reduction rights under Section 5. C. The notice of layoff shall include the reason for the layoff, the proposed effective date of the layoff, the employee's hire date, the employee's layoff points, a list of classes in the employee's occupational series within the layoff unit, the employee's rights under Sections 5. and 6. and the right of the employee to advise the County of any objection to the content of the layoff notice prior to the proposed effective date of the layoff.

  • Compensation of Employees Compensate its employees for services rendered at an hourly rate at least equal to the minimum hourly rate prescribed by any applicable federal or state law or regulation.

  • Hiring of Employees Company and Shareholders shall cooperate with all requests made by Pentegra for the purpose of allowing Pentegra to hire those non-dentist employees of Company designated by Pentegra, such employment to be effective as of the Closing Date. Notwithstanding the above, Company and Shareholders shall remain liable under any Company Plans for any claims incurred by any employees or their spouses or dependents, and for all compensation, bonuses, benefits and other such items and other liabilities related to Company's employees incurred by Company prior to the Closing Date.

  • Definition of Employees a) A Full-Time Employee is a person employed by the Day Care who regularly works the full time hours as specified in Article 17.

  • PROTECTION OF EMPLOYEES Any Employee who in good faith reports a suspected or actual violation of law, regulation, University policy or procedure, or ethical or professional standards, will be protected from retaliation as a result of such reporting, regardless of whether or not, after investigation, a violation is found to have occurred.

  • List of Employees The Union shall be provided quarterly via compact disc a current list of names, employee numbers, classifications, addresses, home telephone numbers, work locations, hourly rate, status (regular, substitute, temporary) and social security numbers of all employees covered by this Agreement. This list will also include all employees newly hired into the bargaining unit during the preceding quarter and all bargaining unit employees who have separated from the District during the preceding quarter.

  • Newly Hired Employees All employees hired to an insurance eligible position must make their benefit elections by their initial effective date of coverage as defined in this Article, Section 5C. Insurance eligible employees will automatically be enrolled in basic life coverage. If employees eligible for a full Employer Contribution do not choose a health plan administrator and a primary care clinic by their initial effective date, and do not waive medical coverage, they will be enrolled in a Benefit Level Two clinic (or Level One, if available) that meets established access standards in the health plan with the largest number of Benefit Level One and Two clinics in the county of the employee’s residence at the beginning of the insurance year. If an employee does not choose a health plan administrator and primary care clinic by their initial effective date, but was previously covered as a dependent immediately prior to their initial effective date, they will be defaulted to the plan administrator and primary care clinic in which they were previously enrolled.

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