Employee Considerations. (a) Purchaser shall offer employment, through written offer letter, to become effective as of the Closing Date, to all current employees of the Department whose names appear on a list attached hereto as Exhibit 4.1
(a) and incorporated herein for all purposes (the "Employees"). To the extent consistent with Purchaser's existing compensation structure for comparable positions and comparable officer titles and its current policies regarding officer titles, all Employees shall be offered employment at base wages and salaries no less favorable than the wages and salaries currently being paid by Seller to such Employees and in positions with comparable responsibilities and officer titles, and, unless agreed upon by such Employee before the Closing Date, within a reasonable geographic proximity to such Employees' current work location. As a condition of acceptance of employment with Purchaser, each Employee will be required to resign their employment with Seller, effective as of the close of business on the Closing Date, and Purchaser shall make this requirement a condition of employment in Purchaser's offer letter to Employees.
(b) All Employees who accept employment with Purchaser as of the Closing Date shall be eligible to participate in the employee benefit plans and other fringe benefits of Purchaser on the same basis as such plans and benefits are offered to employees of Purchaser with comparable positions with Purchaser. Purchaser shall credit such Employees for their length of service with Seller or its Affiliates for all purposes under each employee benefit and fringe benefit plan to be provided by Purchaser to such Employees, to the same extent such service was recognized under a similar plan of Seller, based on information provided by Seller. Such service, however, need only be counted for purposes of vesting, eligibility and the rate of prospective benefit accrual under any pension benefit plan where such rate increases with service. For purposes of this Section 4.1, "employee benefit plans and other fringe benefits" includes, without limitation, pension and profit sharing plans, retirement and post retirement welfare benefits, health insurance benefits (medical, dental and vision), disability, life and accident insurance, sickness benefits, vacation, employee loans and banking privileges.
(c) If Purchaser offers a salary continuation or similar program for employees unable to work for medical reasons, the Employees who accept employment with Purchas...
Employee Considerations. 6 ----------------------- ARTICLE 5 REPRESENTATIONS AND WARRANTIES.................................... 9 5.1 Seller's Representations..................................... 9 ------------------------ 5.2 Purchaser's Representations.................................. 12 --------------------------- ARTICLE 6
Employee Considerations. During the term of this MOU some employee performance measures may require consideration for an adjustment proportionate to the number of work days spent in temporary layoff status. With this in mind, Employees’ workload will be decreased to accommodate their furlough days. For example an employee will not be expected to do in 32 hours what they normally are expected to do in 40 hours. Per FLSA standards, overtime exempt employees whose work hours are reduced by furlough will become overtime eligible during the week they are reduced in hours. Any hours worked over 40 would be subject to xxxxxxxx.Xx administering the assignment of Employer-directed furloughs the employer will strive to identify the largest employee pool possible in order to spread the burden of salary reductions over the widest population while also taking into consideration the operational and service delivery requirements of the agencies. The parties have a mutual commitment to patient and staff safety and thus the employer will ensure that sufficient staffing is in place to meet program needs when determining which employees are furloughed. The employer will make every attempt to not schedule an Agency nurse to fill in the absence of a nurse who is subject to furlough. Nurses who have preapproved vacation, may have the vacation rescinded for the day they are subject to furlough. The remainder of their vacation would remain approved. A furlough day will not fall on a designated or observed holiday.. Alternate work schedules may be temporarily changed by the Employer during the furlough time up until July 31, 2020. Alternate work schedules will revert back to previous schedules after August 1, 2020. The employer will provide the union the names of members who have been in furlough status for each pay period on an ongoing basis.
Employee Considerations. As employees review the eligibility criteria to request a WFH Agreement there are a few considerations that may help determine if the WFH Program could be feasible for their role, including: ● Does the work I perform require me to collaborate in person with my coworkers, supervisor, and/or clients on a regular basis? ● How would I ensure I am accessible to clients? ● Am I willing to adjust my schedule and come into the office on a regularly scheduled home office day if required? ● Does my work require me to use systems (non-computer) and/or resources that are only accessible from a university worksite? ● Does my home work location allow for university assets such as equipment and documents to be securely stored? ● Does my home work location meet Health and Safety standards and allow for confidential conversations to occur as required? Program Intake The intake of Phase 1 applications for the program is expected to begin in November 2021 with a review of applications to take place through January 2022. Phase 1 Applicants will be advised of decisions in January 2022 with formal WFH Agreements to begin in February 2022. Additional employee groups will be considered for inclusion in March 2022. These initial timelines will be subject to adjustment at the university's discretion depending on the number and complexity of the applications and surrounding circumstances. After the outlined intake process, applications may be submitted to a manager/supervisor at any time, and considered thereafter.
Employee Considerations. The employee must request this leave in advance and at that time arrange to have money deposited in a trust account that will provide income during the leave. Approved leaves must be set up for processing internally at least 4 months before the deferral begins. • When operational circumstances permit, such leave may be approved on more than one occasion. It is mutually exclusive of other types of leave such as that for family-related needs or education. • The employee may request in writing a change to the amount of salary deferred. Such a request would have to be received at least four months before the date on which the change is requested and not later than six months before the date the leave is due to begin. • Payroll will deduct funds and transfer them to the trust account established for the employee at the financial institution. The trust account will generate interest that the financial institution must pay annually to the employee. The employee is then responsible for reporting this interest in his or her annual income tax return. • An employee may, no later than six months before the planned leave date, request in writing a change to the duration of the leave if the leave period requested remains between 6 and 12 months. • Because of the financial implications for the employee, denying leave after the maximum six-year deferral period or recalling an employee from leave requires a manager to obtain the prior written authorization of the President. If an employee is recalled to work before the end of an approved period of SFDL, the Employer will normally reimburse the employee for all necessary and reasonable expenses incurred as a result of being called back. • When the employee’s trust agreement matures, the financial institution is to release the money to an account to which the employee has access, without further Employer involvement, no later than the end of the first taxation year that begins after the end of the deferral period. The employee arranges the manner of payment directly with the financial institution. When the funds are released to the employee, a deduction will be made at source for income tax and other statutory purposes. • All amounts held for the employee's benefit in the trust account, must be paid to the employee. − Income Tax Act and Regulations − Ontario (Ontario Income Tax Act) − Canada (Canada Income Tax Act) − Public Service Superannuation Act (Public Service Superannuation Act) − Code of Ethics and Business Conduct (...
Employee Considerations. All Employees of Seller shall be terminated on or before the Closing Date at the expense of Seller. Following the Closing Date or at such other time as may be agreed upon by the parties, Buyer will in good faith interview the Employees for consideration as employees of Buyer.
Employee Considerations. Buyer shall offer comparable grade employment at one of Buyer’s offices and at a salary comparable to their current wage, to all Employees of the Branches who are in good standing with Seller. Following the Closing Date, all Employees to whom employment has been offered will become at will employees of Buyer and shall be eligible for all employee benefits of Buyer with vesting credit for service at Seller or its predecessors.
Employee Considerations. The associate dentist should be concerned if the “for cause” provisions are too general. The associate dentist will generally negotiate a requirement of a written warning and time to cure prior to the dental practice being able to invoke a termination right for cause.
Employee Considerations. This associate dentist should clearly understand what he is obligating himself to perform under the AEA, particularly if there is language in the AEA that does not conform to a verbal agreement with the dental practice.
Employee Considerations. The associate dentist generally wants to limit the length of time and geographic area. I generally advise that a ten-mile radius is reasonable.
