Definition of Demotion Sample Clauses

Definition of Demotion. A move by an employee from a job in a higher job group to a job in a lower job group with a lower maximum salary shall be defined as a demotion for all purposes under this Agreement.
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Definition of Demotion. A demotion shall be defined as the movement of an employee from one classification to another classification having a lower rate of pay.
Sample 1
Definition of Demotion. Demotion shall be defined to mean the reassignment, voluntary or involuntary, to a position which is of a lower salary range. In the case of a demotion, the employee shall receive the salary on the lower range and shall receive any step (service) increment earned in the former position.
Sample 1
Definition of Demotion. For the purposes of this Agreement, a Demotion of the Employee means (i) the reassignment of the Employee to any position, duties or responsibilities that are materially diminished when compared with the position, duties or responsibilities of the Employee immediately prior to the announcement of a Change in Control of PCA; (ii) any 10% or greater reduction in the Employee's aggregate salary and other cash compensation (not including performance bonuses) from his or her aggregate salary and other cash compensation in effect immediately prior to the announcement of a Change in Control of PCA (whether in one reduction or a series of cumulative reductions); (iii) any material reduction or diminution of the fringe benefits of the Employee in effect immediately prior to the announcement of a Change in Control of PCA; or (iv) a requirement that the Employee transfer his or her principal workplace to a location more than 25 miles from his or her principal workplace in effect immediately prior to the announcement of a Change in Control of PCA. A transfer of the employment of the Employee from PCA to a Subsidiary, or from a Subsidiary to PCA, or from one Subsidiary to another Subsidiary, shall not, in and of itself, constitute a Demotion, provided none of the other events described in this Section 1(c) occur in connection with such transfer.
Sample 1

Related to Definition of Demotion

  • Definition of Default The BUYER shall be deemed to be in default under this CONTRACT in the following cases: (a) If the first, second, third or fourth instalment is not paid to the BUILDER within the respective DUE DATE of such instalments; or (b) If the fifth instalment is not deposited in accordance with Article X.4.(a)(ii) hereof or if the said fifth instalment deposit is not released to the BUILDER against presentation by the BUILDER of a copy of the original PROTOCOL OF DELIVERY AND ACCEPTANCE; or (c) If the BUYER fails to take delivery of the VESSEL when the VESSEL is duly tendered for delivery by the BUILDER under the provisions of Article VII hereof; or (d) If an order or an effective resolution shall be passed for winding up of the BUYER (except for the purpose of reorganization, merger or amalgamation); or In case the BUYER is in default as set out in Paragraph 1 above, the BUILDER is entitled to and shall have the following rights, powers and remedies in addition to such other rights, powers and remedies as the BUILDER may have elsewhere in this CONTRACT and/or at law, at equity or otherwise.

  • Addition of Definitions With respect to the Senior Notes only, Section 1.01 of the Base Indenture is amended to include the following definitions (which shall be deemed to arise in Section 1.01 in their proper alphabetical order):

  • Definition of Displacement Any employee classified as a regular employee shall be considered displaced for the purposes of this document, when her services shall no longer be required as a result of exhausting the Collective Agreement processes.

  • Definition of Good Reason For purposes hereof, “Good Reason” shall mean:

  • Definition of Change of Control For purposes of this Agreement, “Change of Control” shall mean:

  • Definition of Change in Control For purposes of the Agreement, a “Change in Control” shall mean the occurrence of any one of the following events:

  • Definition of Company Solely for purposes of this Article 6, the term "Company" also shall include any existing or future subsidiaries of the Company that are operating during the time periods described herein and any other entities that directly or indirectly, through one or more intermediaries, control, are controlled by or are under common control with the Company during the periods described herein.

  • Definition of Cause For all purposes under this Agreement, “Cause” shall mean any of the following:

  • Definition of Disability For purposes of this Agreement, “Disability” (and any of its forms) means that, for more than six consecutive months, the Executive is unable, with reasonable accommodation, to perform the duties described in Section 4.01 on a full-time basis due to a physical or mental disability or infirmity.

  • Definition of Layoff A layoff shall be defined as a reduction in the work force or a reduction in the regular hours of work as defined in this Agreement.

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