Employee Clearance Sample Clauses
The Employee Clearance clause outlines the procedures and requirements an employee must fulfill before leaving a company, whether due to resignation, termination, or retirement. Typically, this involves returning company property such as laptops, ID badges, and documents, settling outstanding financial obligations, and completing any necessary exit interviews or paperwork. By establishing a clear process for offboarding, this clause helps ensure that company assets are protected and that both parties have a mutual understanding of their responsibilities at the end of employment.
POPULAR SAMPLE Copied 1 times
Employee Clearance. Each individual employed by or associated with the Company and the Subsidiaries that is required to hold security clearance under the Cannabis Act and related regulations in order to maintain the Cannabis Licenses holds such clearance and the Company and each Subsidiary is not aware of any circumstance that would affect such security clearances.
Employee Clearance. Each individual employed by or associated with the Corporation and the Subsidiaries that is required to hold security clearance under the Cannabis Act (Canada) and related regulations in order to maintain the Cannabis Licences holds, or has applied for, such clearance and the Corporation and each Subsidiary is not aware of any circumstance that would affect such security clearances.
Employee Clearance. The Authority shall have complete control over granting, denying, suspending, or terminating security clearance or access badges for Concessionaire employees.
Employee Clearance. (a) The parties acknowledge and agree that each of the Company Works Council and the Parent Works Council has (or may have) a right of advice in respect of the Transactions, being: (A) as the Company Works Council is concerned, (i) the intended Transactions, including the Back-End Transactions (in case of implementation of the Back-End Merger and the Back-End Cancellation), (ii) the post-Closing composition of the Company Board as contemplated by Section 1.05 and (iii) (certain elements of) Parent’s and Purchaser’s financing arrangements relating to the Transactions, including the provision of related guarantees and security by the Company Group, to the extent the Company or other members of the Company Group are intended to be a party thereto, and (B) as the Parent Works Council is concerned: (i) obtaining control of the Company, and (ii) (certain elements of) Parent’s and Purchaser’s financing arrangements relating to the Transactions, including the provision of related guarantees and security by Parent B.V. (each a “Employee Consultation Transaction” and, together, the “Employee Consultation Transactions”).
(b) As promptly as reasonably practicable after the Agreement Date, the Company shall initiate the consultation procedure with the Company Works Council, and Parent shall cause Parent B.V. to initiate the consultation procedure with the Parent Works Council, with respect to the Employee Consultation Transactions by submitting a request for advice to the respective Works Councils, all in accordance with the WCA, requesting each Works Council to render its advice within one (1) month. In this respect, the “Employee Clearance” shall be deemed to have been obtained if one of the following events has occurred in respect of each of the Company Works Council and the Parent Works Council:
(i) the Works Council renders an unconditional positive advice allowing the relevant Employee Consultation Transactions (which shall be deemed to include an unconditional neutral advice allowing the relevant Employee Consultation Transactions);
(ii) the Works Council renders an advice with conditions reasonably acceptable to, (A) with respect to the Company Works Council, the Company and Parent, and (B) with respect to the Parent Works Council, the Company, Parent B.V. and Parent;
(iii) the Works Council confirms in writing that it has unconditionally and irrevocably waived its right to render advice; or
(iv) the Works Council renders a negative advice (which shall also inc...
Employee Clearance. All employees assigned by the Concessionaire shall be physically able to do their assigned work. The Airport Director shall have complete control over granting, denying, withholding or terminating security clearance for said employees. Clearance is required for all employees working in restricted/sterile areas upon being hired or assigned to the Airport. The Selected Proposers shall not permit any employee to begin work in the restricted/sterile areas until the Airport Administration clears the employee through the mandated 10‐year fingerprint based Criminal History background check, as well as, all other background checks, and issues the necessary documents and ID/access badge.