CONSTITUTION OF THE EWC Sample Clauses

CONSTITUTION OF THE EWC. Each European Country is entitled to a number of seats in accordance with the total amount of Employees in the respective country. One (1) seat (“Seats A”) is allocated to each European Country, provided that the number of Employees in that respective country exceeds 100. In any European Country with less than 101 Employees in total one (1) seat (“Seats A”) is allocated to a division in that country in case the respective division in such European Country employs more than 75 Employees. Additional seats (“Seats B”) will be allocated to the European Countries per 255 Employees exceeding the first 255 Employees, provided that the total amount of seats per country does not exceed six (6) and further provided that the total amount of seats per single SLDE-company does not exceed two (2). Allocation of seats per country between the respective divisions (C&Gr., H&BC and “Corporate”) in each country must be “pro rata”. in case two (2) or more seats in total are allocated to an European Country each division in such European Country being entitled to at least one (1) seat provided that the number of Employees in the respective division exceeds 100. The EWC will consist of 30 members at the maximum. At the commencement and the renewal dates of this Agreement the EWC will consist of 26 seats in view of potential expansion and acquisitions of SLDE in the European Countries. Since SLDE’s activities in Europe may be subject to change, the right to a certain number of seats may vary accordingly. The re-allocation of seats takes place on every July 1, for the first time on July 1, 1998, on the basis of the amount of Employees per European Country and per division on that date, however companies and Organizations acquired by a SLDE-Company will be taken into account only as from the second anniversary of July 1 after their respective acquisition date. In case the allocation of seats in accordance with Articles 4.1 to 4.3 leads to a total of more than 30 seats, the right to (an) additional seat(s) (Seats B) will be defined by the formula per country: < Total number of Employees -/- 255 >: Seats B = Q it being understood that the Country to which the lowest quotient Q is applicable looses one (1) seat. This formula is to be conducted until “Seats A” plus “Seats B” equals 30. The Employees in European Countries to which no Seat A is allocated are represented by the Representative(s) of the European Country as designated in Schedule 3. Representative Employees from European C...
Sample 1
AutoNDA by SimpleDocs

Related to CONSTITUTION OF THE EWC

  • Protection of the Environment 14.1 The Government and the Contractor recognise that Petroleum Operations will cause some impact on the environment in the Contract Area. Accordingly, in performance of the Contract, the Contractor shall conduct its Petroleum Operations with due regard to concerns with respect to protection of the environment and conservation of natural resources and shall in particular;

  • Formation of the contract i. A contract for the Services will be formed between you and us, once you have given us a signed, fully completed, Admissions form, Contract and a £15 booking fee, and we have confirmed to you in writing that your application for a place has been successful.

  • Execution of the Contract 30.1 This Contract and any amendments thereto may be executed in any number of counterparts with the same effect as if all parties hereto had signed the same document. All counterparts will be construed together and will constitute one and the same original agreement.

  • RECOGNITION OF THE UNION 1. The BCPSEA recognizes the BCTF as the sole and exclusive bargaining agent for the negotiation and administration of all terms and conditions of employment of all employees within the bargaining unit for which the BCTF is established as the bargaining agent pursuant to PELRA and subject to the provisions of this Collective Agreement.

  • Affirmation of the TBT Agreement 1. Each Party affirms its rights and obligations with respect to each other Party under the TBT Agreement.

  • ADMINISTRATION OF THE CONTRACT 2.2.1 The Architect will provide administration of the Contract as hereinafter described.

  • Formation of the Tribunal (1) The arbitral tribunal shall be constituted ad hoc as follows: Each Contracting Party shall appoint one member and these two members shall agree upon a national of a third state as their chairman. Such members shall be appointed within two (2) months from the date one Contracting Party has informed the other Contracting Party of its intention to submit the dispute to an arbitral tribunal, the chairman of which shall be appointed within two (2) further months.

  • POSSESSION OF THE APARTMENT 7.1 Schedule for possession of the said Apartment - The Promoter agrees and understands that timely delivery of possession of the Apartment to the allottee’s and the common areas to the association of allottee’s or the competent authority, as the case may be, is the essence of the Agreement. The Promoter assures to hand over possession of the Apartment along with ready and complete common areas with all specifications, amenities and facilities of the project in place on (Date) unless there is delay or failure due to war, flood, drought, fire, cyclone, earthquake or any other calamity caused by nature affecting the regular development of the real estate project (“Force Majeure”). If, however, the completion of the Project is delayed due to the Force Majeure conditions then the Allottee’s agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Apartment, provided that such Force Majeure conditions are not of a nature, which make it impossible for the contract to be implemented. The Allottee’s agrees and confirms that, in the event it becomes impossible for the Promoter to implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter shall refund to the Allottee’s the entire amount received by the Promoter from the allotment within 45 days from that date. The promoter shall intimate the allottee’s about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s agrees that he/ she shall not have any rights, claims etc. against the Promoter and that the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement.

  • POSSESSION OF THE APARTMENT/PLOT 7.1 Schedule for possession of the said [Apartment/Plot] - The Promoter agrees and understands that timely delivery of possession of the [Apartment/Plot] to the allottee and the common areas to the association of allottees or the competent authority, as the case may be, is the essence of the Agreement. The Promoter assures to hand over possession of the [Apartment/Plot] along with ready and complete common areas with all specifications, amenities and facilities of the project in place on , unless there is delay or failure due to war, flood, drought, fire, cyclone, earthquake or any other calamity caused by nature affecting the regular development of the real estate project (“Force Majeure”). If, however, the completion of the Project is delayed due to the Force Majeure conditions then the Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the [Apartment/Plot], provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented. The Allottee agrees and confirms that, in the event it becomes impossible for the Promoter to implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter shall refund to the Allottee the entire amount received by the Promoter from the allotment within 60 days from that date. The promoter shall intimate the allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee, the Allottee agrees that he/ she shall not have any rights, claims etc. against the Promoter and that the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement.

  • Construction Phase - Administration of the Construction Contract 1.6.1 The Construction Phase shall commence with the acceptance of the Construction Manager’s Guaranteed Maximum Price (or acceptance of a partial Guaranteed Maximum Price for a stage or phase) and issuance of a Notice to Proceed with Construction Services and terminate sixty (60) days after Final Payment to the Contractor is made, or when all of Architect/Engineer’s services have been satisfactorily performed, whichever occurs later.

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