EFFECTIVE DATE AND MORATORIUM Sample Clauses

EFFECTIVE DATE AND MORATORIUM. A. This agreement shall be effective June 1, 2019 except as otherwise noted herein, and shall remain in effect until or unless changed under the provisions of the Railway Labor Act, as amended. Except as modified herein, all previous agreements remain in full force and effect. A. Effective November 1, 2012, the following positions are classified and shall receive the rate of pay applicable to the pay class specified: Position Pay Class MOW Xxxxxxx* A Structures Xxxxxxx A Truck Driver* C Welder Xxxxxxx* A Welder-Grinder B Machine Operator I* B Machine Operator II* C Machine Mechanic Special B Xxxxxxxxx B Electrician-Communications Special B Laborer* D Electronic Control Specialist Special A Signal Inspector Special A Signal Xxxxxxx Special B Monthly Signal Maintainer Special B Monthly Production Crew Mobile Signalman Special B Signalman A Assistant Signal Maintainer I B Assistant Signal Maintainer II C * See BMWE Craft Specific Mechanical Department Mechanical Leadman A Electrician/PE** Special B Electrician B Machinist B Xxxxxx X Xxxxxxx/Laborer C Laborer D ** See IBEW Craft Specific Letter Agreement dated 11/19/01 Clerical I C Clerical II D Clerical III (XXXX) E B. Employees in the foregoing positions may perform all work directly or indirectly related to the service performed. Employees may also be assigned to any other work they have the capacity to perform. C. It is understood and agreed that the Company may engage contractors to perform work, including work covered by this Agreement. However, the Company will use reasonable efforts to use its employees for work covered by this Agreement, except in cases that Company determines are emergencies, or where the Company determines that it lacks the equipment, manpower or expertise to perform such work in an efficient and timely manner. The parties hereto may agree from time to time to cover additional positions under this Agreement or to partially exempt certain employees from provisions of this Agreement. The parties hereto may also agree from time to time to cover other labor organizations pursuant to the terms hereto, subject the consent of such organizations. D. “Special A” classification shall be entitled to the time and one-half overtime rate of pay for hours worked in excess of two (2) hours beyond the regular straight-time hours assigned to such position in any given calendar month. To determine the overtime rate, the Special A annual rate is divided by twelve to produce the monthly base rate. The m...
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EFFECTIVE DATE AND MORATORIUM. A. This Agreement is the full agreement of the parties for the full term of this Agreement and shall be effective November 1, 2012 except as otherwise noted herein, and shall remain in effect until or unless changed under the provisions of the Railway Labor Act, as amended. Except as modified herein, all previous agreements remain in full force and effect. B. The parties signatory hereto shall not serve nor progress prior to April 1, 2016 (not to become effective before January 1, 2017) any notice or proposal for the purpose of changing any provision contained herein, or which deals with matters presented by the parties during negotiations, and any proposals in pending notices relating to such subject matters are hereby withdrawn. Any notice or proposal for changing any provision herein on behalf of the Unions shall be served and progressed on behalf of the undersigned Unions collectively. Except for any proposed changes in provisions relating to specific crafts as negotiated pursuant to the individual Craft Specific provisions attached hereto or Exhibit A hereof; any negotiations hereunder shall be conducted collectively and not severally by the undersigned Unions, and shall be applied uniformly to the undersigned Unions and their members. The labor parties to the agreement, as well as the Company, shall serve a single uniform Section 6 Notice except where the Section 6 Notice applies to the items set forth in Craft Specific provisions which will be served concurrently and may be amended. This provision will not bar the parties from making changes by mutual agreement. C. This article will not bar the Company and the Unions from agreeing upon any subject of mutual interest. Signed this 1st day of November, 2012.

Related to EFFECTIVE DATE AND MORATORIUM

  • Effective Date of Agreement The provisions of the agreement will come into full force and effect on the date of ratification, unless specified otherwise.

  • Effective Date and Effective Time The closing of the --------------------------------- transactions contemplated hereby ("Closing") shall take place at the offices of Xxxxxxx, Xxxxxx & Xxxxxxxx, 0000 Xxxxxxxxx Xxx. X.X., Xxxxxxxxxx, X.X. 00000, unless another place is agreed to by RCFC and Bayonne, on a date ("Closing Date") that is no later than 14 days following the date on which the expiration of the last applicable waiting period in connection with notices to and approvals of governmental authorities shall occur and all conditions to the consummation of this Agreement are satisfied or waived, or on such other date as may be agreed to by the parties. Prior to the Closing Date, RCFC and Bayonne shall execute a Certificate of Merger in accordance with all appropriate legal requirements, which shall be filed as required by law on the Closing Date, and the Merger provided for therein shall become effective upon such filing or on such date as may be specified in such Certificate of Merger. The date of such filing or such later effective date as specified in the Certificate of Merger is herein referred to as the "Effective Date." The "Effective Time" of the Merger shall be as set forth in the Certificate of Merger.

  • Effective Date and Termination This Agreement shall become effective as of the date of its execution, and a. unless otherwise terminated, this Agreement shall continue in effect for two years from the date of execution, and from year to year thereafter so long as such continuance is specifically approved at least annually (i) by the Board of Trustees of the Trust or by vote of a majority of the outstanding voting securities of the Series, and (ii) by vote of a majority of the trustees of the Trust who are not interested persons of the Trust, the Manager or the Sub-Adviser, cast in person at a meeting called for the purpose of voting on such approval; b. this Agreement may at any time be terminated on sixty days' written notice to the Sub-Adviser either by vote of the Board of Trustees of the Trust or by vote of a majority of the outstanding voting securities of the Series; c. this Agreement shall automatically terminate in the event of its assignment or upon the termination of the Advisory Agreement; and d. this Agreement may be terminated by the Sub-Adviser on ninety days' written notice to the Manager and the Trust, or by the Manager on ninety days' written notice to the Sub-Adviser. Termination of this Agreement pursuant to this Section 10 shall be without the payment of any penalty.

  • Effective Date and Term The amendments to the Contract as set out in this Supplemental Agreement shall have effect from the Effective Date and shall cease to have effect on the Expiry Date or earlier termination of the Contract.

  • Effective Date; Term This Agreement shall become effective on the date first written above and shall remain in force for a period of time of two years from such date, and from year to year thereafter but only so long as such continuance is specifically approved at least annually by the vote of a majority of the Trustees who are not interested persons of the Fund, the Adviser or the Sub-Adviser, cast in person at a meeting called for the purpose of voting on such approval, and by a vote of the Board of Trustees or of a majority of the outstanding voting securities of the Series. The aforesaid requirement that this Agreement may be continued "annually" shall be construed in a manner consistent with the 1940 Act and the rules and regulations thereunder.

  • EFFECTIVE DATE OF PLAN Stock Awards and Options may be granted under this Plan upon its adoption by the Board, provided that no incentive stock option will continue to be effective unless this Plan is approved by a majority of the votes entitled to be cast by the Stockholders, voting either in person or by proxy, at a duly held Stockholders’ meeting or by the consent of Stockholders owning more than fifty percent (50%) of shares of the Common Stock within twelve months of such adoption.

  • EFFECTIVE DATE; TERM OF AGREEMENT This Agreement shall become effective as of January 29, 2010 (the “Effective Date”). Upon effectiveness of this Agreement on the Effective Date, the Employment Agreement between the Company and the Executive dated as of September 8, 2006 (as amended, the “Prior Agreement”) shall terminate and be of no further force and effect. Subject to earlier termination as provided herein, Executive’s employment hereunder shall continue on the terms provided herein until February 2, 2013 (the “End Date”). The period of Executive’s employment by the Company from and after the Effective Date, whether under this Agreement or otherwise, is referred to in this Agreement as the “Employment Period,” it being understood that nothing in this Agreement shall be construed as entitling Executive to continuation of his employment beyond the End Date and that any such continuation shall be subject to the agreement of the parties. This Agreement is intended to comply with the applicable requirements of Section 409A and shall be construed accordingly.

  • Procedure for Termination, Amendment, Extension or Waiver A termination of this Agreement pursuant to Section 7.01, an amendment of this Agreement pursuant to Section 7.03 or an extension or waiver of this Agreement pursuant to Section 7.04 shall, in order to be effective, require in the case of Parent, Sub or the Company, action by its Board of Directors.

  • Effective Date and Term of Agreement This Agreement is effective and binding on the Company and Employee as of the date hereof; provided, however, that, subject to Section 2(d), the provisions of Sections 3 and 4 shall become operative only upon the Change in Control Date.

  • Effective Date; Termination Section 6.01. The following events are specified as additional conditions to the effectiveness of the Development Credit Agreement within the meaning of Section 12.01

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