Fixed-term Staff - Right to Apply for Conversion Sample Clauses

Fixed-term Staff - Right to Apply for Conversion. 46.7.3.1 Where further employment is offered under Clause 46.7.2 and the role is ongoing in nature, the staff member may apply for conversion to continuing employment on the same salary and classification. 46.7.3.2 The University will not unreasonably refuse conversion and will advise the staff member of the outcome in writing. Generally, applications for conversion would not be approved in the following circumstances: (i) where the staff member was replacing another staff member on leave or secondment from the workplace; or (ii) where the staff member was employed on a pre-retirement or post retirement contract; or (iii) where the position held by the staff member was one specifically designated for University of Newcastle students; or (iv) where the position was for a specific task or project; or (v) where the position is funded from an identifiable source(s) external to the University, not being funding that is part of an operating grant. 46.7.3.3 A staff member must not be engaged and re-engaged nor have their hours reduced in order to avoid any obligation under this clause.
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Related to Fixed-term Staff - Right to Apply for Conversion

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  • Designation and Number of Shares The shares of such series shall be designated as "Series A Participating Cumulative Preferred Stock" (the "Series A Preferred Stock"), and the number of shares constituting such series shall be 100,000. Such number of shares of the Series A Preferred Stock may be increased or decreased by resolution of the Board of Directors; provided that no decrease shall reduce the number of shares of Series A Preferred Stock to a number less than the number of shares then outstanding plus the number of shares issuable upon exercise or conversion of outstanding rights, options or other securities issued by the Corporation.

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