Cost Reduction Programs. During the term of this Agreement, the Union will support Management in developing cost effective programs. Such programs may include reduced services and/or the leasing or subcontracting of District services to other parties after these concepts are studied by Management, and with such application as may be approved by Management. Any reduction in force resulting from these programs shall follow procedures in the section of this Agreement entitled LAYOFFS.
Cost Reduction Programs. (i) DRA and GM shall use their best efforts to identify and implement productivity and other improvements to reduce DRA's cost of producing the Components. Beginning in the second model year after DRA's transition out of GM (i.e. beginning August 1, 1995) (the "Second Model Year") with regard to "Category A" Components and the third model year after such transition (i.e. beginning August 1, 1996) (the "Third Model Year") with regard to "Category B" Components, and each model year thereafter during the term of this Agreement, DRA shall retain fifty percent (50%) of the amount of the "Cost Savings" (as such term is defined below) achieved in the most recent model year ended and fifty percent (50%) of the Cost Savings shall be passed on to GM by means of additional price reductions on Components; provided, however, that DRA shall retain 100% of the Cost Savings resulting from the "right sizing" (the related reduction of hourly personnel and elimination of all associated employee benefit costs as described in Section 7.13 of the Asset Purchase Agreement) of DRA's business as contemplated in DRA's business plan for the LDO business. All calculations pursuant to this Paragraph 1.2(b)(i) shall be done at a plant level for each Component. For purposes of this Agreement, the term "
Cost Reduction Programs. FLEXTRONICS shall use its commercially reasonable efforts in accordance with its customary practices to implement a price reduction program that targets the reduction of the cost of specific components included in the manufacturing process for the Products and the improvement of the efficiency of the manufacturing process.
Cost Reduction Programs. (i) DRA and GM shall use their best efforts to identify and implement productivity and other improvements to reduce DRA's cost of producing the Components. Beginning in the second model year after DRA's transition out of GM (i.e. beginning August 1, 1995) (the "Second Model Year"), and each
Cost Reduction Programs. Neoprobe hereby agrees that it shall use its best reasonable efforts to minimize the costs of manufacturing the Products to the extent it may do so without compromising the quality and/or regulatory status of the Products or compliance with the terms of this Agreement. Each Party will reasonably cooperate with the other Party in the pursuit of cost reduction programs in the manufacture of the Products. Each Party shall inform the other party of cost reduction initiatives related to the manufacture of Products within fourteen (14) days after cost reduction initiatives have begun. The resulting savings will initially be allocated to the Party that has incurred documented costs until such costs have been recovered. Thereafter, fifty percent (50%) of the savings shall be allocated to the Party which has initiated and funded the cost reduction program.
Cost Reduction Programs. During the term of this agreement, the Union will aggressively assist Management in developing cost reduction programs. Such programs may include voluntary reduced hours/pay after this concept is studied by Management, and with such application as may be approved by Management. ARTICLE XXV - Term This Memorandum of Agreement shall take effect on ratification and signing by the parties, and shall expire on June 30, 2017. Either party may serve written notice upon the other party during the period between ninety and sixty days prior to its expiration date, of its desire to amend this Memorandum of Agreement. If, at the time this Memorandum of Agreement would otherwise terminate, the parties are negotiating a new Memorandum of Agreement, upon mutual agreement of the Union and the City Manager the terms and conditions of this Memorandum shall continue in effect. CITY OF PALO ALTO AND SEIU LOCAL 521-HOURLY UNIT January 1, 2012-June 30, 2017 EXECUTED: FOR LOCAL 521, SEIU: Xxxx Xxxxxx, Chief Spokesperson SEIU Worksite Organizing Director Xxxxx XxxxXxxxx Chief Xxxxxxx FOR CITY OF PALO ALTO: Human Resources Representative Page 29 of 42 CITY OF PALO ALTO AND SEIU LOCAL 521-HOURLY UNIT January 1, 2012-June 30, 2017 Appendix A Job Classifications for SEIU Hourly Unit Personnel Administrative Specialist I - H Performs administrative work that requires advanced skills or knowledge in support of a department/division or program. Administrative Specialist II - H Performs more complex administrative work that requires advance skills or knowledge in specialized software programs and data analysis in specialized areas in support of a department/division or program. Two years of experience equivalent to that of an Administrative Specialist I.
Cost Reduction Programs. Seller will cooperate with Buyer to devise process and materials improvements, including relocation of manufacturing to lower cost facilities, that permit a reduction in the unit costs of Products with a targeted goal of an overall annual Seller-initiated cost reduction of 5%. At least annually, Seller shall furnish to Buyer a specific cost reduction plan identifying Seller’s proposed cost reduction initiatives. Buyer and Seller will meet at least quarterly to identify cost reduction opportunities in internal processes and component material purchase prices. Cost savings achieved as a result of Seller’s proposals shall be (i) retained fully by Seller for a period of six (6) months from the date that the cost reduction is realized by the Seller and that any implementation costs borne by Seller are recovered, and (ii) inure fully to the benefit of the Buyer thereafter. Cost savings achieved as a result of Buyer’s proposals shall be passed on to Buyer at the point that the cost savings are realized by Seller, and after any of Seller’s inventory of Product or component material Inventory produced or purchased at a higher cost is consumed.
Cost Reduction Programs. During the term of this Agreement, the Union will support Management in developing cost effective programs. Such programs may include reduced services and/or the leasing or subcontracting of District services to other parties after these concepts are studied by Management, and with such application as may be approved by Management. Any reduction in force resulting from these programs shall follow procedures in the section of this Agreement entitled LAYOFFS. Comment [LSS15]: There is a Supreme Court Case pending on agency fees, and depending on the outcome, this entire section could change. In particular, mandatory payment of fees could not be compelled. We will keep you posted. Depending on what develops and when, we may need to revise this section either to address the what ifs, if still unknown, or to reflect the law, if it changes.
