Existing Members Clause Samples
The "Existing Members" clause defines the rights, responsibilities, and status of individuals or entities who are already members of an organization, partnership, or group at the time a new agreement is made or amended. This clause typically outlines how these members are treated in relation to new members, such as whether their voting rights, ownership interests, or obligations remain unchanged or are subject to modification. It may also specify procedures for recognizing existing members and ensuring their continued participation. The core function of this clause is to protect the interests of current members and provide clarity on their standing, thereby preventing disputes or confusion when changes occur within the group.
Existing Members. Each of the Persons listed on Schedule A hereto is hereby admitted, or has previously been admitted, as a Member.
Existing Members. Ordinary hours of work for a full-time Employee shall be 37.5 (47.5 per week for a full-time Employee who is employed as a shuttle bus driver) per week and shall normally be worked on 5 consecutive 7.5 hour days (5 consecutive 9.5 hour days for a full-time Employee who is employed as a shuttle bus driver), Monday to Saturday, between 7am and 9pm (Monday to Sunday, between 5.45am and 10.30pm for an employee who is employed in the Sports Centre). Other working arrangements not exceeding 75 hours per fortnight (47.5 hours per week for a part-time Employee who is employed as a shuttle bus driver) may be agreed between the Employer and an Employee and TIASA.
Existing Members. All Eligible Members who have been listed as Members under the List of Members annexed to the Schedule shall be covered as Members under the Master Policy from the Effective Date of the Master Policy.
Existing Members. All Eligible Members who have been listed as Members under the List of Members annexed to the Schedule shall be covered as Members under the Group Policy from the Effective Date of the Group Policy.
Existing Members. With regard to any new issuance in accordance with Section 8.1.1 above, an existing Member may subscribe for additional Units, and the Company may issue to such existing Member additional Units, in the same manner and subject to the same terms and conditions, as prescribed for the issuance of Units to new Members in Section 8.1.1.
Existing Members. The Company hereby admits Statfor and the ▇▇▇▇▇▇ Member, the Stratfor Holdings Member, the ▇▇▇▇▇▇▇▇ Member, and the ▇▇▇▇▇▇▇▇▇▇ Member as Members (collectively the “Initial Members”) on the date hereof.
Existing Members. The L&R Program benefits all Members. It is an integral portion of NCPA’s core function and is necessary in order to protect the investments NCPA and its Members have made in their public power assets. It is therefore mandatory for all Members of NCPA to become a signatory to this Agreement.
Existing Members. A) Existing members opting to convert their account to a Prepaid Electric Service account must comply with one of the following options:
i) Pay in full all pre-existing fees, current account balances and unbilled electric use, or
ii) Make a payment arrangement of up to $250 of total balance due, of which 30% of all future Prepaid payments will be applied to the existing balance until the existing balance is paid in full. The member may pay off the existing balance at any time. Any balance above $250 at time of signing up for Prepaid Electric Service must be paid in full at the time of sign-up.
B) Members may choose to have existing deposits applied (when applicable) to account balances and/or their Prepaid Electric Service account, with the understanding that if the member wishes to convert from Prepaid Electric Service back to a traditional payment account, all applicable credit checks and deposits will apply and any outstanding debt must be paid in full at that time.
C) An account must have at least $25.00 credit to begin Prepaid billing.
Existing Members. ▇▇▇▇▇▇▇ OPERATING CORP., a New York corporation By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Vice President INTERCONTINENTAL HOTELS GROUP RESOURCES, INC., a Delaware corporation By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Vice President INVESTOR: CONSTELLATION ▇▇▇▇▇▇▇ HOLDING US, LLC, a Delaware limited liability company By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇ Title: Secretary and Authorized Signatory COMPANY: ▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ HOLDINGS, LLC, a Delaware limited liability company By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Vice President
Existing Members. Members who have been hired prior to June 9, 2014 shall utilize the following schedule for Vacation Accruals: In addition to the Holiday vacation day entitlement covered under Article 5, Members, as of the first day in any Vacation Year, shall be entitled to vacations as follows: Less than one year One year through 6 years Over 6 years through 13 years Over 13 years through 17 years Over 17 years through 24 years 80 working hours times number of months of continuous service divided by 12 (rounded to the nearest full day) 80 working hours 120 working hours 160 working hours 200 working hours Over 25 years 240 working hours