Lateral Transfer Program Clause Samples

Lateral Transfer Program. New employees with previous experience who meet all qualifications as required by the Board of Fire and Police Commissioners as set forth in the Rules and Regulations of the Board of Fire and Police Commissioners, City of East Moline, State of Illinois as amended on November 6th, 2022 shall be eligible to participate in the Lateral Transfer Program under the following terms: (a) The program will permit the hiring of experienced employees at an initial salary rate commensurate with their current experience, not to exceed “10th Year”, as set forth in APPENDIX A. (b) Experienced employees shall be entitled to longevity steps in APPENDIX A based on years of service with the department only and shall not be entitled to such steps based on years of service prior to hiring. The steps shall be calculated from the date of hire with the East Moline Police Department. (c) Experienced employees shall be entitled to nine (9) eight (8) hour paid personal days immediately upon hire and shall not have to wait until they are off probation as stated in Section 13.2. (d) Experienced employees shall serve an eighteen (18) month probationary period consistent with all new employees. (e) Experienced employees will come to the department at the same seniority level as a new employee, with seniority commencing on the first day of employment as stated in Section 11.1.
Lateral Transfer Program. Any employee hired by the ▇▇ ▇▇▇▇▇▇▇ County Sheriff’s Office who has been previously certified in their respective position shall be eligible to participate in the Lateral Transfer Program as follows:

Related to Lateral Transfer Program

  • Lateral Transfer Employees may request to be transferred to a vacant position in another job classification at the same MCSC Grade level provided they meet the minimum qualifications for the position.

  • Lateral Transfers Employees may request to be transferred to a vacant position within their classification in another division of the Public Works Department and may be transferred pursuant to such request with the written approval of their division head, the involved appointing authority and the Employer's Director, Labor Relations. Such transferred employees shall serve a three (3) month probationary period in the new position. If removed by the appointing authority during the probationary period, the involved employee shall be reassigned to a vacant position within the classification or, if none is available, to their previous position.

  • Special Transfer Provisions (a) Transfers to Non-QIB Institutional Accredited Investors and Non-U.S.

  • Transfer Procedures 1. The transfers referred to in Article 4, 5, 6 and 7 shall be effected without undue delay and, at all events, within six months after all fiscal obligations have been met and shall be made in a convertible currency. All the transfers shall be made at the prevailing exchange rate applicable on the date on which the investor applies for the related transfer, with the exception of the provisions under point 3 of Article 5 concerning the exchange rate applicable in case of nationalization or expropriation. 2. The fiscal obligations under the previous paragraph are deemed to be complied with when the investor has fulfilled the proceedings provided for by the law of the Contracting Party on the territory of which the investment has been carried out.

  • Transfer Procedure After receipt by Silicon Valley Bank of the executed Warrant, Silicon Valley Bank will transfer all of this Warrant to its parent company, SVB Financial Group. By its acceptance of this Warrant, SVB Financial Group hereby makes to the Company each of the representations and warranties set forth in Section 4 hereof and agrees to be bound by all of the terms and conditions of this Warrant as if the original Holder hereof. Subject to the provisions of Section 5.3 and upon providing the Company with written notice, SVB Financial Group and any subsequent Holder may transfer all or part of this Warrant or the Shares issuable upon exercise of this Warrant (or the securities issuable directly or indirectly, upon conversion of the Shares, if any) to any transferee, provided, however, in connection with any such transfer, SVB Financial Group or any subsequent Holder will give the Company notice of the portion of the Warrant being transferred with the name, address and taxpayer identification number of the transferee and Holder will surrender this Warrant to the Company for reissuance to the transferee(s) (and Holder if applicable); and provided further, that any subsequent transferee other than SVB Financial Group shall agree in writing with the Company to be bound by all of the terms and conditions of this Warrant. Notwithstanding any contrary provision herein, at all times prior to the IPO, Holder may not, without the Company’s prior written consent, transfer this Warrant or any portion hereof, or any Shares issued upon any exercise hereof, or any shares or other securities issued upon any conversion of any Shares issued upon any exercise hereof, to any person or entity who directly competes with the Company, except in connection with an Acquisition of the Company by such a direct competitor.