Conditional Transfers. (i) In the event that two teachers from different schools mutually agree to request an exchange of teaching assignments, then, with the approval of both principals and the Superintendent of Human Resources, such request shall be granted for a one-year period.
(ii) Upon expiration of a conditional transfer agreement, both teachers shall return to the schools to which they were assigned immediately prior to the conditional transfer.
(iii) Extensions of conditional transfers may occur with the agreement of all parties for one additional year.
(iv) Teachers requesting conditional transfers must request transfers in writing before April 30th.
(v) The number of years in the home school will not be augmented nor diminished (for purposes of the Ten Year Automatic Consideration for Transfer) during the time of the conditional transfer.
(vi) Where all parties agree to extend the transfers to a third year, such transfers are considered to be permanent and such teachers are deemed to be on year three of their ten year placement in that school.
(vii) Conditional transfers can occur between teachers in the elementary and secondary panels, subject to the provisions outlined above.
(viii) A teacher is ineligible for a Conditional Transfer where such teacher is declared surplus to the school.
Conditional Transfers. (a) In the event that two teachers from different schools mutually agree to request an exchange of teaching assignments, then, with the approval of both principals and the Director of Education or designate, such request shall be granted for a one-year period.
(b) Upon expiration of a conditional transfer agreement, both teachers shall return to the schools to which they were assigned immediately prior to the conditional transfer.
(c) Extensions of conditional transfers may occur with the agreement of all parties for one additional year.
(d) Teachers requesting conditional transfers must request transfers in writing before March 29th.
(e) If the conditional transfer is extended to a third year with the agreement of all parties, the transfers are considered permanent.
(f) Conditional transfers can occur between teachers in the elementary and secondary panels, subject to the provisions outlined above.
(g) A teacher is ineligible for a Conditional Transfer where such teacher is declared surplus to the school.
Conditional Transfers. If a member, partner or shareholder of you proposes to transfer all or a portion of such interest in you to another member, partner or shareholder or to you and such transfer would effect a change of “control” (as defined below) of you or your business operations, such transfer is subject to our prior written consent and we may condition our consent on compliance with all the conditions set forth in Section 13.(b)(i)(B), provided: (A) our right of first refusal does not apply; (B) the transfer fee will be reduced to $2,000; and (C) no maintenance, remodeling or re-equipping of the Restaurant will be required solely in respect of the transfer (but our rights under this Agreement to otherwise require maintenance, remodeling, reequipping, or enhancement of the Restaurant will not be affected). As used herein, “control” means either: (1) 50% or more ownership interest in you; or (2) the power to direct the conduct or management of your business affairs, with or without majority ownership.
Conditional Transfers. (i) In the event that two teachers from different schools mutually agree to request an exchange of teaching assignments, then, with the approval of both principals and the Director of Education or designate, such request shall be granted for a one-year period.
(ii) Upon expiration of a conditional transfer agreement, both teachers shall return to the schools to which they were assigned immediately prior to the conditional transfer.
(iii) Extensions of conditional transfers may occur with the agreement of all parties for one additional year.
(iv) Teachers requesting conditional transfers must request transfers in writing before March 29th.
(v) Where all parties agree to extend the transfers to a third year, such transfers are considered to be permanent and such teachers are deemed to be on year three of their ten year placement in that school.
(vi) Conditional transfers can occur between teachers in the elementary and secondary panels, subject to the provisions outlined above.
(vii) A teacher is ineligible for a Conditional Transfer where such teacher is declared surplus to the school.
Conditional Transfers. Notwithstanding the foregoing provisions of this Section 1, at the Effective Time, (i) the assets set forth on Schedule III hereto shall be deemed to be Assigned Assets and shall be treated in accordance with Section 1(a), and (ii) the liabilities set forth on Schedule III hereto shall be deemed to be Assumed Liabilities and shall be treated in accordance with Section 1(b); provided that the Company shall have provided to the Assignors, within 30 days of the Execution Date, notice of the Company’s desire to have the assets and liabilities set forth on Schedule III designated as Assigned Assets and Assigned Liabilities, respectively. For the avoidance of doubt, in the event that the Company fails to provide such notice described in the preceding sentence, the assets and liabilities set forth on Schedule III shall, at the Effective Time, be deemed to be and treated as Excluded Assets and Excluded Liabilities, respectively.
