Fire Rescue Agency Merger Sample Clauses

Fire Rescue Agency Merger. The County agrees in the event that all or a portion 18 of the County’s Fire Rescue Service is to be assumed by another jurisdiction or agency and 19 bargaining unit members are affected by this change, the County agrees to pursue with the other 20 jurisdiction or agency the possibility of employment for the affected County employees, it being 21 understood, however, that the decision of the other jurisdiction or agency whether to offer 22 employment or not shall not be grievable or subject to arbitration nor shall the Board be obligated 23 to delay implementation of the Board’s decision to have such operations assumed by another 24 jurisdiction or agency. 25 1 ARTICLE 14
AutoNDA by SimpleDocs

Related to Fire Rescue Agency Merger

  • Consolidation, Merger, etc In case the Corporation shall enter into any consolidation, merger, combination or other transaction in which the shares of Common Stock are exchanged for or changed into other stock or securities, cash and/or any other property, then in any such case each share of Series A Preferred Stock shall at the same time be similarly exchanged or changed into an amount per share, subject to the provision for adjustment hereinafter set forth, equal to 100 times the aggregate amount of stock, securities, cash and/or any other property (payable in kind), as the case may be, into which or for which each share of Common Stock is changed or exchanged. In the event the Corporation shall at any time declare or pay any dividend on the Common Stock payable in shares of Common Stock, or effect a subdivision or combination or consolidation of the outstanding shares of Common Stock (by reclassification or otherwise than by payment of a dividend in shares of Common Stock) into a greater or lesser number of shares of Common Stock, then in each such case the amount set forth in the preceding sentence with respect to the exchange or change of shares of Series A Preferred Stock shall be adjusted by multiplying such amount by a fraction, the numerator of which is the number of shares of Common Stock outstanding immediately after such event and the denominator of which is the number of shares of Common Stock that were outstanding immediately prior to such event.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!