Grandfather Provisions. 1. All teachers qualifying for placement on the MA+15 schedule per the 1997-2001 contract requirements prior to January 1, 2002 shall be placed and remain on this schedule as long as they remain continuously employed by the Vicksburg Community Schools.
2. Teachers who complete the requirements for moving to the MA+15 schedule under the 1997-2001 contract after January 1, 2002 but prior to the start of the 2002-03 school year may qualify for the MA+15 schedule without completing the Vicksburg Community Schools Professional Development Program as defined above as long as they complete at least one of the three required programs prior to the 2002-03 school year and complete all three within the following two years. SCHEDULE A BA BA+ MA MA+20 STEP 14-15 15-16 STEP 14-15 15-16 STEP 14-15 15-16 STEP 14-15 15-16 1 33,482 34,000 1 33,482 34,000 1 34,794 35,142 1 35,450 35,805 2 35,122 35,473 2 35,122 35,473 2 36,598 36,964 2 37,420 37,794 3 36,764 37,132 3 36,764 37,132 3 38,404 38,788 3 39,390 39,784 4 38,404 38,788 4 38,404 38,788 4 40,210 40,612 4 41,360 41,774 5 40,046 40,446 5 40,046 40,446 5 42,017 42,437 5 43,328 43,761 6 41,688 42,105 6 41,688 42,105 6 43,986 44,426 6 45,298 45,751 7 43,328 43,761 7 43,328 43,761 7 45,954 46,414 7 47,267 47,740 8 45,133 45,584 8 48,021 48,501 8 49,400 49,894 9 46,939 47,408 9 50,091 50,592 9 51,534 52,049 10 48,744 49,231 10 52,421 52,945 10 53,996 54,536 11 50,549 51,054 11 54,751 55,299 11 56,457 57,022 12 52,354 52,878 12 57,377 57,951 12 59,248 59,840 13 53,585 54,121 13 60,003 60,603 13 62,039 62,659 14 54,843 55,391 14 61,413 62,027 14 63,497 64,132 15 55,629 56,185 15 62,856 63,485 15 64,989 65,639 16 56,413 56,977 16 64,334 64,977 16 66,517 67,182 17 56,679 57,413 17 64,702 65,352 17 66,897 67,582 18 56,945 57,738 18 65,070 65,727 18 67,277 67,982 19 57,210 58,063 19 65,438 66,102 19 67,658 68,382 20 57,476 58,388 20 65,806 66,477 20 68,038 68,782 21 57,739 58,713 21 66,174 66,852 21 68,419 69,182 22 58,011 59,038 22 66,485 67,227 22 68,741 69,582 23 58,283 59,363 23 66,795 67,602 23 69,063 69,982 24 58,554 59,688 24 67,106 67,977 24 69,385 70,382 25 58,826 60,013 25 67,417 68,352 25 69,707 70,782 26 59,354 60,554 26 67,905 69,105 26 70,420 71,620 Current employees shall be considered first for the Extra Assignments before new employees are hired for said position. The Board of Education reserves the right to cancel any of the additional service programs set forth in Appendix B and to determine those persons who wi...
Grandfather Provisions. 3.3.1. Nothing in this Section 3 shall be interpreted to require KPMG to withdraw, terminate, breach, curtail, change or amend any contracts, irrevocable offers or the project set forth on Exhibit F hereto which were entered into or bid prior to the date hereof, including any such contracts, offers or projects which would otherwise not be permitted hereunder.
3.3.2. In the event that, pursuant to Section 4.10 of the Stock Purchase Agreement, Cisco designates an entity as a Cisco Competitor which entity was not a Cisco Competitor in the prior period as (such newly-designated entity a "New Cisco Competitor") and KPMG has an existing contract with such New Cisco Competitor, then nothing in this Section 3 shall be interpreted to require KPMG to terminate, breach, curtail, change or amend any such contract; * * *
Grandfather Provisions. (a) A Person shall not be and shall not be deemed to be an Acquiring Person if such Person (a "GRANDFATHERED PERSON"):
(i) is the Beneficial Owner of 20% or more of the outstanding Voting Shares of the Company as at the date of this Agreement; or
(ii) becomes the Beneficial Owner of 20% or more of the outstanding Common Shares or Voting Shares of the Company after the date of this Agreement and such Person's Beneficial Ownership of Common Shares or Voting Shares of the Company at such time does not exceed the number of Common Shares or Voting Shares of the Company Beneficially Owned by such Person immediately prior to the date of this Agreement by more than 2% of the then issued and outstanding Common Shares or Voting Shares of the Company; provided, however, that the exceptions in clauses 13(a)(i) and (ii) shall cease to be applicable to a Grandfathered Person who shall after the date of this Agreement become, pursuant to one or more transactions or events, the Beneficial Owner of additional Common Shares or Voting Shares of the Company such that the number of Common Shares or Voting Shares of the Company Beneficially Owned at such time exceeds the number of Common Shares or Voting Shares of the Company Beneficially Owned by such Person immediately prior to the date of this Agreement by more than 2% of the Common Shares or Voting Shares of the Company then outstanding, other than those acquired pursuant to Permitted Bid Acquisitions, Exempt Acquisitions or Pro Rata Acquisitions.
(b) A Person shall not be and shall not be deemed to be an Acquiring Person if such Person (a "GRANDFATHERED PERSON TRANSFEREE") becomes the Beneficial Owner of 20% or more of the outstanding Common Shares or Voting Shares of the Company solely as a result of the acquisition of all but not less than all of the Common Shares or Voting Shares of the Company Beneficially Owned immediately prior thereto by a Grandfathered Person or a Grandfathered Person Transferee (the "TRANSFEROR") and such Person's Beneficial Ownership of Common Shares or Voting Shares of the Company after giving effect to such acquisitions does not exceed the number of Common Shares or Voting Shares of the Company Beneficially Owned by the Transferor immediately prior to such acquisition by more than 2% of the then issued and outstanding Common Shares or Voting Shares of the Company; provided, however, that the exception in this subsection 13(b) shall cease to be applicable to a Grandfathered Person Transferee who...
Grandfather Provisions. 3.4.1 Unit members working less than 0.5 FTE and who were taking some form of pro rata benefit as of January 1, 1990 shall be "grandfathered" in that ability, provided their participation in the plan has been continuous. Any break in pro rata participation shall make the unit member ineligible for benefits unless they are working 0.5 FTE or greater.
3.4.2 All those regular unit members working more than 50% and having benefits paid 100% by the District as of June 30, 1976, will receive a benefit allowance on the same basis as full time unit members hired prior to 1990.
Grandfather Provisions. [ ] A. The rights and features described in ______ (specify items to be grandfathered) of this Adoption Agreement are available for benefits accrued under the Plan on _____ (specify date on which right or feature is to be discontinued with respect to future accrued benefits) but not for benefits accrued under the Plan subsequent to such date. [ ] B. The following rights and features are available for benefits accrued under the Plan on ___________________________ (specify date on which right or feature is to be discontinued with respect to further accrued benefit) but not for benefits accrued under the Plan subsequent to such date. _________________________________________________________________ _______________________________________________________________________ (attach separate sheets if necessary)
Grandfather Provisions. 1. All teachers qualifying for placement on the MA+15 schedule per the 1997-2001 contract requirements prior to January 1, 2002 shall be placed and remain on this schedule as long as they remain continuously employed by the Vicksburg Community Schools.
2. Teachers who complete the requirements for moving to the MA+15 schedule under the 1997-2001 contract after January 1, 2002 but prior to the start of the 2002-03 school year may qualify for the MA+15 schedule without completing the Vicksburg Community Schools Professional Development Program as defined above as long as they complete at least one of the three required programs prior to the 2002-03 school year and complete all three within the following two years.
Grandfather Provisions. 12 ARTICLE 2 -- THE RIGHTS 2.1 Legend on Common Share Certificates......................
Grandfather Provisions. 28 XX. QUALIFICATION...........................................................................................28 -i- 3 PLAN SPONSOR INFORMATION ------------------------
Grandfather Provisions. The pension benefit for any participant who, as of December 31, 1999, is (i) at least age fifty-five (55) and is credited with at least ten (10) years of vesting service, or (ii) has a combined number of years of vesting service and age equaling at least eighty-eight (88), shall be the greater of:
(i) the accrued benefit calculated in accordance with the formula set forth in paragraph 1(a) above, or;
(ii) the participant's accrued benefit calculated in accordance with the formula in effect as of December 31, 1998, based upon the participant's total years of benefit service and average annual compensation as of the date the participant retires.
Grandfather Provisions. All teachers qualifying for placement on the MA+15 schedule per the 1997-2001 contract requirements prior to January 1, 2002 shall be placed and remain on this schedule as long as they remain continuously employed by the Vicksburg Community Schools.
