Exchange Transfers Clause Samples
The Exchange Transfers clause governs the process by which parties can transfer assets, rights, or obligations through a recognized exchange platform. Typically, this clause outlines the conditions under which such transfers are permitted, the procedures to be followed, and any limitations or requirements, such as notification or approval by the exchange. Its core function is to ensure that transfers are conducted in an orderly and transparent manner, reducing the risk of disputes and maintaining the integrity of the exchange system.
Exchange Transfers. 9.5.1 Exchange transfer opportunities will be made available. An exchange transfer is defined as a transfer that shall occur when two or more unit members and their respective principals agree in writing to an exchange of the unit members' respective positions of employment. Exchange transfers arrangements shall take place between March 16 and June 1.
9.5.2 The duration of the exchange shall be agreed to in advance, in writing, by all unit members and principals involved. No exchange transfers shall be implemented or renewed without the written agreement of all unit members and principals involved.
9.5.3 A unit member wishing to make an exchange transfer will fill out a request form stating the grade level and/or subject area to be exchanged and the grade level and/or subject area of interests. This form shall be placed in the District Exchange Transfer Register. Files from this register shall be open to examination by any unit member who has filed an Exchange Form with the District. If, upon such examination, a unit member finds a potential transfer, the unit member shall be responsible for the initial contact with the other applicant. If both parties agree that they wish to proceed in attempting to bring about an exchange transfer, they shall proceed by contacting their present principals and informing them of their intention. Contact will then be made with the prospective new principals to set times and places for interviews.
9.5.4 Interviews shall take place within ten (10) school days after initial contact has been established between applicant and the potential new principal. No principal will interview for an occupied position unless expressly requested to do so by the unit member holding the position.
9.5.5 District-wide seniority numbers held by the exchange transfer unit members shall remain in effect at the unit members’ original school sites.
9.5.6 Either unit member may nullify the written Exchange Transfer Agreement only prior to the start of the assignment.
9.5.7 An exchange transfer shall be temporary. An exchange transfer may be made permanent by mutual agreement of all unit members and principals involved. In cases of a permanent exchange transfer, the seniority numbers shall follow the unit members to their new sites.
Exchange Transfers. 1) The Board of Education desires that bargaining unit members avail themselves of growth opportunities and career planning by teaching on several grade levels and/or in different socioeconomic areas.
2) Bargaining unit members should contact Division of Human Resources/Labor Relations for the purpose of initiating exchange transfers. All exchange transfers are subject to approval by Division of Human Resources/Labor Relations.
3) Division of Human Resources/Labor Relations will keep a file of bargaining unit members interested in an exchange transfer and initiate an exchange as possible.
Exchange Transfers. In order for unit members to avail themselves of growth opportunities and motivational exchanges, exchange transfer opportunities will be made available. An exchange transfer is defined as a transfer which shall occur when two or more unit members and their respective principals agree in writing to an exchange of the unit members' respective positions of employment. Exchange transfers shall take place between March 16 and June 1.
Exchange Transfers