Equity Review Sample Clauses
The Equity Review clause establishes a process for evaluating and potentially adjusting the ownership interests or equity allocations among parties involved in an agreement. Typically, this clause outlines when and how such reviews will occur, such as at set intervals or upon the occurrence of specific events like new investments or changes in company valuation. Its core function is to ensure that equity distribution remains fair and reflective of each party's contributions or changing circumstances, thereby preventing disputes and maintaining alignment among stakeholders.
Equity Review. Equity Review—When equity surveys are conducted for SEIU classifications, the following cities will be used as benchmark agencies: ▇▇▇▇▇▇▇▇ Redwood City Cupertino San Leandro Los Altos San Mateo Milpitas Santa ▇▇▇▇▇
Equity Review. If a Nurse believes she/he was not placed on the scale at the appropriatewage rate when hired the Nurse will be given thirty (30) days from the signing of the Agreement to provide the employer with the documentation that may change the rate as referenced in the above article. The Equity Review decision shall be considered final and the grievance process is not available for this process.
Equity Review o The parties acknowledge that an appropriation of funds will be sought via Town meeting in May 2015, to conduct a municipal compensation review for the positions of the bargaining group. If the appropriation is approved, such compensation information will serve as an evaluation tool for establishing compensation for the AEA. o Effective July 1, 2016 parties agree to amend the successor agreement as follows:
Equity Review. During the term of this agreement, the City agrees to review equity concerns raised by SEIU on a case by case basis. Following a request by ▇▇▇▇, the City agrees to meet and collaboratively discuss the collected data from the City's comparable jurisdictions, (currently comprised of Paso ▇▇▇▇▇▇, ▇▇▇▇▇▇ Grande, San ▇▇▇▇ Obispo, Atascadero, Morro Bay, Pismo Beach, Carpentaria, Goleta, Greenfield, King City, Pacific Grove, and Port Hueneme. The City retains the sole discretion to grant any equity adjustment. Such equity adjustment decisions are not subject to the grievance provision of this MOU. ARTICLE Ill - WORK PERIOD The customary Work Period shall be 40 hours of actual time worked during a consecutive seven-day period commencing at 12:01 a.m. on Monday and ending at 12:00 midnight on Sunday. The 40-hour Work Period shall include time not worked because of holiday leave, but shall not include time not worked because of Vacation Leave, Compensatory Time Off, or Sick Leave. This Work Period may be changed to provide an alternative schedule which is agreeable to the City and an individual employee.
4.1 Cafeteria Plan
Equity Review. During the term of this agreement, the City agrees to review equity concerns raised by SEIU on a case by case basis. Following a request by SEIU, the City agrees to meet and collaboratively discuss the collected data from the City’s comparable jurisdictions, (currently comprised of Paso ▇▇▇▇▇▇, ▇▇▇▇▇▇ Grande, San ▇▇▇▇ Obispo, Atascadero, Morro Bay, Pismo Beach, Carpenteria, Goleta, Greenfield, King City, Pacific Grove, and Port Hueneme. The City retains the sole discretion to grant any equity adjustment. Such equity adjustment decisions are not subject to the grievance provision of this MOU.
Equity Review. If an employee who was hired after July 1, 2017, believes she/he was not placed on the scale at the appropriate wage rate when hired the employee will be given thirty (30) days from the signing of the Agreement to provide the employer with the documentation that may change the rate as referenced in the above article. Employees will be limited to an additional two‐step wage adjustment.