Concerted Action Clause Samples
The Concerted Action clause defines the coordinated behavior or agreement between two or more parties to act together towards a common objective, often in the context of business transactions or regulatory compliance. In practice, this clause may specify the conditions under which parties are considered to be acting in concert, such as jointly acquiring shares or making collective decisions that affect control of a company. Its core function is to clarify when parties' actions are treated as unified for legal or regulatory purposes, thereby preventing ambiguity and ensuring compliance with relevant laws, such as antitrust or securities regulations.
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Concerted Action. Any right to decline an overtime pay assignment may be exercised only by each employee acting separately and individually, without collusion, or agreement with, or the influence of, any other employee or employees of the Union or pursuant to any other concerted action or decision. No employee shall seek by any means to cause or influence any other employee to decline to work any overtime assignments. No employees may collectively concertedly or in response to the influence of any employee or group of employees or the Union, decline any overtime assignment or fail or refuse to report for an overtime assignment that they have accepted.
Concerted Action. The Union rilay exercise concerted action, exclusive action, exclusive of ~;uch things as strikes or slow down; such action rrJay be in the form and manner of t:.ick- eting or distribution of literature, such concerted action will not trunspire until after the Union and the Commission of Public Safety have met in negotiations on the matter in issue. Such meeting will be held within three (3) days after the Union formally notified the Commission of Public Safety of the issue and its desire to meet on the issue. The Union asserts that no concerted action will be taken by the Union or a group of Union members without formal authorization for such action being given by the Union and such notice of authority has been conveyed to the Commission of Public Safety ▇▇▇▇▇ to the commencement of any such action. Under all circum- stances, the Union agrees that authorization to implement concerted action will be only in regard to issues that affect all or most of the members; e.g., Pension Plan.
Concerted Action. During the term of this Agreement the Association shall not authorize, engage in, sanction or condone any strike or work stoppage of any kind or nature.
Concerted Action. Pursuant to the decision issued by the CMF under n(degree) 20260590 dated May 24, 2002 whereby the CMF has granted to Madame Badinter and Dentsu an exemption from the obligation to launch a tender offer as a result of the Merger, the Parties acknowledge that the provisions of this Agreement constitute a concerted action (action de concert) among the Parties pursuant to Article L.233-10 of the French Code de Commerce. As a result of such concerted action, the Parties acknowledge that they will be jointly liable for the performance of any of their respective obligations under French stock market regulations as long as this concerted action remains in force. The Parties also agree that if and when such concerted action ceases as a result of the termination of this Agreement or otherwise, they shall promptly so declare to the CMF.
Concerted Action. This Agreement shall be executed by each of the Shareholders and each of the Shareholders should have performed his, her or its obligations hereunder.
Concerted Action. 3.15(a) Confidentiality Agreement..............................................5.3(a) Covered Employee......................................................5.22(a) D&O Insurance .........................................................5.8(b) DGCL.................................................................
Concerted Action