Labour Adjustment Fund Sample Clauses

Labour Adjustment Fund. The parties agree to request the Ministry of Advanced Education, Training and Technology to maintain a Labour Adjustment Fund for the benefit of all employees and institutions. The purpose of the Fund is to accommodate the needs of the employees and institutions in achieving targeted labour adjustments at an institution. The parties recommend that the Ministry consult with them on the eligibility requirements for an institution to gain access to the Fund.
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Labour Adjustment Fund. The Parties agree to request the Ministry of Advanced Education, Training and Technology to continue a Labour Adjustment Fund for the benefit of all employees and institutions covered by this Agreement. The purpose of the Fund is to accommodate the needs of the employees and institutions in achieving targeted labour adjustments at institutions as recommended by their Joint Labour Management Committees. The Labour Adjustment Fund may be used for any of the labour adjustment strategies offered by institutions in accordance with Articles 6.4.2(a) through 6.4.2(m) or for any other labour adjustment strategy that the local parties agree is an appropriate use of the Labour Adjustment Fund providing that the strategy is consistent with the Ministry’s guidelines for the use of the Fund. By September 30th of each year, each Employer shall report in writing to its local bargaining unit(s) on the specific use of the institution’s labour adjustment funds in the preceding April 1st to March 31st period.
Sample 1Sample 2Sample 3See All (4)
Labour Adjustment Fund. The parties agree to submit a written request to the appropriate government ministry(s) for funds to implement labour adjustment strategies.
Sample 1Sample 2Sample 3See All (4)
Labour Adjustment Fund. The parties agree to request the Ministry of Advanced Education, Training and Technology to maintain a Labour Adjustment Fund for the benefit of all employees and institutions covered by this Agreement. The purpose of the Fund is to accommodate the needs of the employees and institutions in achieving targeted labour adjustments at an institution. The parties recommend that the Ministry consult with them on the eligibility requirements for an institution to gain access to the Fund. Northern Lights College – Letter of Understanding #5 Labour Force Adjustment shall be deleted from the local collective agreement with the exception of #4 HRAP Document and #7 Early Retirement Incentive.
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Labour Adjustment Fund. The parties agree to request the Ministry of Education, Skills and to establish a Labour Adjustment Fund to be administered by for the benefit of a I employees and institutions covered by this Agreement. The purpose of the fund is to accommodate the needs of employees and institutions in achieving targeted labour adjustments at an institution through cost sharing. The Fund is to provide of the cost of labour adjustment strategies up to the amount allocated to the Fund. The parties recommend that the Ministry consult with them on the eligibility requirements for an institution to gain access to cost sharing from the Fund. The compensation provided to an employee under this article will not exceed the severance provisions for the displacement of an individual as provided in the local collective agreement. The parties recommend that at the time of any a future funding reduction in the total amount of the Base Operating Grand and other funding envelopes during the life of this Agreement that will likely result in layoffs at an institution beyond those contemplated by the terms of the Labour Adjustment Fund, the Ministry of Education, Skills and Training establish a special early retirement incentive fund to encourage voluntary early retirement at each institution consistent with its targeted needs. The parties recommend that the Ministry consult with the parties about the application and administration of the fund. The institutions and unions will canvas each bargaining unit to identify strategies to minimize potential layoffs be ore affected employees may choose voluntary early retirement. The purpose of the fund is to resolve downsizing problems when other solutions are unavailable or unlikely to resolve the problems within a reasonable time. Priority for early retirement are likely to be employees employed at an institution .here there is limited alternate employment and in circumstances where early retirement would assist in other voluntary reduction initiatives. When more than one employee qualifies for the early retirement incentive, candidates would be chosen on the basis of service seniority. The parties recommend that eligible employees at each institute who opt for voluntary early retirement be able to choose to receive a lump sum payment from the special fund, or the equivalent in paid leave prior to retirement. Eligible employees will not be permitted to stack the lump sum payment from this special fund onto existing early retirement plans under lo...
Sample 1
Labour Adjustment Fund. The parties agree to request the Ministry of Advanced Education, Training and Technology to maintain a Labour Adjustment Fund for the benefit of all employees and institutions covered by this Agreement. The purpose of the Fund is to accommodate the needs of the employees and institutions in achieving targeted labour adjustments at an institution. The parties recommend that the Ministry consult with them on the eligibility requirements for an institution to gain access to the Fund. Letter of Understanding Labour Force Adjustment shall be deleted from the local collective agreement with the exception of Document and Early Retirement Incentive. Article Labour Adjustment and Article Labour Force Adjustment shall be deleted from the collective agreement. .
Sample 1
Labour Adjustment Fund. ARTICLE 4 OF PROGRAMS/SERVICES BETWEEN INSTITUTIONS ......
Sample 1
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Labour Adjustment Fund. The parties agree to request the Ministry of Advanced Education, Training and Technology to maintain a Labour Adjustment Fund for the benefit of all employees and institutions covered by this Agreement. The purpose of the Fund is to accommodate the needs of the employees and institutions in achieving targeted adjustments at an institution. The parties recommend that the Ministry consult with them on the eligibility requirements for an institution to gain access to the Fund. Application: Article Labour Adjustment shall apply to all collective agreements with the following provisos: n I Letter of Understanding Labour Force shall be deleted from the local collective agreement with the exception of Document and Early Retirement Incentive. -Article Labour force Adjustment and Article Labour ForceAdjustment shall be deleted from the local collective agreement. the Article Adjustment Plans Regular Employees shall be deleted from the local collective agreement with the exception of preamble paragraph and (a). of Article I and Article Canvas shall be deleted from local collective agreement.
Sample 1

Related to Labour Adjustment Fund

  • Other Adjustments (a) This section shall be considered to be in compliance with Title 3, Section 310(h). (b) Nothing in Sections 14 or 15 shall prevent the Commissioner of Human Resources from subsequently lowering the hiring rate for one (1) or more classes; provided no employee shall be reduced in salary or step as a result. (c) Any agency request to change a hiring rate under this section shall be in accordance with guidelines as may be established by the Commissioner of Human Resources. (d) If the Commissioner of Human Resources wishes to grant more than a one (1) step increase for those persons at or above the new EOP, or increase the maximum of the grade for that class, the impact of such decision shall be negotiated for up to forty-five (45) calendar days with the VSEA. At the end of the forty-five (45) calendar day period, commencing with notice by the Commissioner of Human Resources, subject to the provisions of (e), below, the State may implement any proposed adjustment without further negotiations or recourse to the statutory impasse procedures, by either party. (e) If a subsequent review of the Commissioner of Human Resources’ recommendation for a market factor adjustment by the Commissioner of Finance and Management and/or the Secretary of Administration results in a change to the proposed adjustment, the State shall negotiate the impact of the proposed adjustment with the VSEA for up to fifteen (15) calendar days. At the end of the fifteen (15) calendar day period commencing with notice by the Commissioner of Human Resources, the State may implement the adjustment without further negotiations or recourse to the statutory impasse procedures. (f) Notwithstanding the recommendations of the Commissioner of Human Resources or the Commissioner of Finance and Management, the Secretary of Administration shall have the final authority to approve, deny or modify the recommendations (rates, timetables or classes affected) for adjustments, both initially and/or in any subsequent review subject only to any limitations provided in this agreement. The decision of the Secretary shall be final and not subject to negotiation or review in any forum, except to the extent that it is alleged that the Secretary has exceeded the parameters established by this agreement. (g) If the Commissioner of Human Resources eliminates an MFA implemented prior to July 1, 1994, as a percentage differential, any affected employee will retain his/her then current rate of pay until his/her next step date, at which time (s)he shall be placed at the next higher regular step (without the MFA), unless the provisions of the MFA specify otherwise. Nothing in this Agreement will prevent the Human Resources Commissioner from establishing a new MFA with a built-in termination date or other limitation. (h) Any Market Factor Adjustment in effect on July 4, 1992, shall be considered a temporary add-on only for the time an employee remains in that class. During the life of this Agreement, with the agreement of the VSEA, the State may implement Market Factor Adjustments for consideration other than hourly rate adjustments.

  • ECONOMIC ADJUSTMENT Exhibit B – Prices for Goods/Services is hereby amended by deleting the existing Exhibit B in its entirety and inserting the attached Exhibit B – Prices for Services to increase by 5.1% from the previous set price.

  • Salary Adjustment The salary of an employee returning from uncompensated leave shall be adjusted to reflect all non-discretionary increases distributed during the period of leave. While on such leave, an employee shall be eligible to participate in any special salary incentive programs.

  • Salary Adjustments At any time during the term of this Contract, the Board may, in its discretion, review and adjust the salary of the Superintendent, but in no event shall the Superintendent be paid less than the salary set forth in Section 3.1 of this Contract except by mutual agreement of the two parties. Such adjustments, if any, shall be made pursuant to a lawful Board resolution. In such event, the parties agree to provide their best efforts and reasonable cooperation to execute a new contract incorporating the adjusted salary.

  • Tax Adjustment Tenant shall pay to Landlord or Landlord's agent as Additional Rent, an amount ("Tax Adjustment Amount") equal to Tenant's Proportionate Share of the amount of Taxes incurred with respect to each Calendar Year plus Tenant's pro rata share of the special allocation of Taxes to occupied premises if the last sentence of Section 3A(iii) is applicable for such Calendar Year. The Tax Adjustment Amount with respect to each Calendar Year shall be paid in monthly installments during such Calendar Year in an amount estimated from time to time by Landlord and communicated by written notice to Tenant. If Taxes for any Calendar Year are payable in whole or in part before the end of such Calendar Year, Tenant shall, within thirty (30) days after the written request of Landlord, promptly pay its Proportionate Share of such payment as a special installment, after deducting installments previously paid by Tenant under this Section 3D for such Calendar Year. Following the final payment of Taxes for each Calendar Year, Landlord shall cause the amount of the Tax Adjustment Amount for such Calendar Year to be computed and delivered to Tenant a statement of such amount plus a statement of all estimated installments paid by Tenant for such Calendar Year. Tenant shall pay to Landlord any deficiency shown by such statements within thirty (30) days after receipt of such statement. If the installments paid exceed the actual amount due (such excess is sometimes referred to herein as the "Taxes Credit Amount"), Landlord shall credit the Taxes Credit Amount against payments next due to Landlord from Tenant hereunder; provided that, if the Taxes Credit Amount exceeds the amount of payments next due to Landlord from Tenant hereunder, Landlord shall promptly pay Tenant the amount by which the Taxes Credit Amount exceeds the amount of payments next due to Landlord from Tenant hereunder. The amount of any refund of Taxes received by Landlord shall be credited against Taxes for the year in which such refund is received. In determining the amount of Taxes for any year, the amount of special assessments to be included shall be limited to the amount of the installment (plus any interest payable thereon) of such special assessment required to be paid during such year as if the Landlord had elected to have such special assessment paid over the maximum period of time permitted by law. All references to Taxes "for" a particular year shall be deemed to refer to Taxes due and payable during such year without regard to when such Taxes are levied or assessed. Delay in computation of the Tax Adjustment Amount shall not be deemed a default hereunder or a waiver of Landlord's right to collect the Tax Adjustment Amount. In no event shall Landlord collect any amounts with respect to Taxes which would, when taken together with those amounts collected by Landlord from other tenants in the Building (and in the event the Building is less than 100% occupied, paid directly by Landlord), exceed 100% of the actual Taxes for any Calendar Year.

  • Stock Adjustments In the event that during the term of the pledge any stock dividend, reclassification, readjustment or other changes are declared or made in the capital structure of Pledgee, all new, substituted and additional shares or other securities issued by reason of any such change shall be delivered to and held by the Pledgee under the terms of this Security Agreement in the same manner as the Shares originally pledged hereunder. In the event of substitution of such securities, Pledgor, Pledgee and Pledgeholder shall cooperate and execute such documents as are reasonable so as to provide for the substitution of such Collateral and, upon such substitution, references to "Shares" in this Security Agreement shall include the substituted shares of capital stock of Pledgor as a result thereof.

  • Tax Adjustments The Company may make such reductions in the Purchase Price, in addition to those required by Sections 3, 4, 5, 6, 7 and 8, as the Board of Directors considers to be advisable to avoid or diminish any income tax to holders of Common Stock or rights to purchase Common Stock resulting from any dividend or distribution of stock (or rights to acquire stock) or from any event treated as such for income tax purposes.

  • True-Up Adjustments From time to time, until the Retirement of the Recovery Bonds, the Servicer shall identify the need for True-Up Adjustments and shall take all reasonable action to obtain and implement such True-Up Adjustments, all in accordance with the following:

  • CPI Adjustment If the CPI Percentage Increase (as defined below) is more than [***] for the relevant Adjustment Period, then the Rent payable during that Adjustment Period shall be adjusted upward by a percentage equal to the CPI Percentage Increase (as defined below) applicable to such Adjustment Period, but not to exceed an adjustment during any Adjustment Period of greater than [***]. The term “Consumer Price Index” shall mean the unadjusted Consumer Price Index for All Urban Workers, U.S. City Average, All Items, 1982-84=100, calculated and published by the United States Department of Labor, Bureau of Labor Statistics. The “CPI Percentage Increase” shall mean, with respect to any Adjustment Period, [***]. For the avoidance of doubt, no CPI Adjustment shall be made to any payment due under this Ground Lease for any Adjustment Period if the result of such CPI Adjustment would be to (a) reduce the amount of such payment to an amount that is less than the amount of such payment due for the immediately preceding Adjustment Period or (b) to raise the amount of such payment to an amount that is greater than [***]. For illustrative purposes only, [***]. The CPI Percentage Increase for any Adjustment Period shall be calculated by the Tenant, and the Tenant shall deliver written notice to the Landlord describing such calculation in reasonable detail (a “CPI Notice”) no later than thirty (30) days after the commencement of any Adjustment Period. If the Landlord disagrees with the Tenant’s calculation of the CPI Percentage Increase, then the Landlord shall deliver to the Tenant written notice, describing the basis for such disagreement in reasonable detail (a “CPI Disagreement Notice”), not later than thirty (30) days after delivery of the CPI Notice. If the Landlord fails to deliver a CPI Disagreement Notice within thirty (30) days after delivery of any CPI Notice, then the Landlord shall be conclusively deemed to have agreed with the calculation of the CPI Percentage Increase set forth in such CPI Notice.

  • Economic Price Adjustment is the adjustment to the Aircraft Basic Price (Base Airframe, Engine and Special Features) as calculated pursuant to Exhibit D.

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