Layoff, Recall and Resignation Sample Clauses

Layoff, Recall and Resignation. ‌ 12:01 For the purpose of this Agreement, the term ‘layoff’ shall mean that an employee has been temporarily removed from the payroll subject to recall. (a) Employees shall be laid-off in the reverse order of their seniority within a classification. Except where the employee has requested a layoff, an employee who is laid-off shall assume the position of the most junior employee with less seniority than hers in any lower or lateral classification for which she meets the requirements, causing the junior employee to be laid-off. (b) In Food Services, an employee who is laid-off as part of the annual lay- offs and who “bumps” another more junior employee as provided in (a) above, shall retain her regular rate of pay during such lay-off, provided she “bumps” into her same classification as outlined in Schedule “A2”. (c) In Food Services, the most senior employee shall have the right of first refusal of call-back, throughout the period of lay-off to any position which is lower or lateral to her usual classification, and for which she possesses the present qualifications, abilities, and skills, as determined by the University, to perform the functions of the position in question. 12:03 In the event of a layoff, employees may apply for any existing vacancies and, where a vacancy exists, preference will be given in accordance with Article 9:03. An employee may choose to layoff for a duration of up to fifty-two (52) pay periods if the employee’s position becomes redundant. During this time, the employee will be mailed postings of Union positions as they become available and for which she is qualified. 12:04 Those employees who have been laid off shall have their files maintained for fifty-two (52) pay periods and shall be candidates for any vacancy that may exist in accordance with Article 9:03. 12:05 An employee shall receive a minimum of thirty (30) working days written notice, or pay in lieu, of the discontinuance of her position which will result in a lay-off. A meeting will be arranged for the employee, a Union representative, and a representative(s) of the University to review available alternatives/options and the terms of this Agreement. Within five (5) working days of that meeting, the employee shall advise the University, in writing, of which option she wishes to exercise as contained in Sections :02 and :03 above, and other related Articles in this Agreement. This Clause does not apply to historically occurring seasonal layoffs, for example, Food Servic...
AutoNDA by SimpleDocs
Layoff, Recall and Resignation. Both parties recognize that seniority shall be recognized with respect to layoff and recall as outlined in Article 39 and further that in the event of a layoff the laid-off employee shall have the right to exercise his/her seniority pursuant to Article 24 herein. 24.01 LAYOFF means a suspension of active employment, or the permanent reduction in the regular hours of work for either a regular full-time or regular part-time member of the bargaining unit, as a result of a reduction of work required to be done by the Employer. Throughout the following clauses, the use of the word "lay-off" does not refer to "annual work interruptions" for regular sessional part time employees (see Article 38.05). 24.02 For the purpose of this Article; (a) For the purpose of this article, seniority shall be as defined in Article 38. (b) Job Category means a grouping or cluster of similar job categories within the bargaining unit as described herein (APPENDIX D) or amended from time to time by the parties to the agreement. 24.03 The Employer shall not layoff or discharge an employee who has completed his/her probationary period for reasons other than just cause as provided in Article 23, without having given at least: (a) twenty (20) days notice in writing to the employee, if the employee’s period of employment is less than five (5) years; (b) forty (40) days notice in writing to the employee, if the employee’s period of employment is five (5) years or more, but less than ten (10) years; and (c) sixty (60) days notice in writing to the employee, if the employee’s period of employment is ten (10) years or more. 24.04 Where less notice in writing is given than provided in Article 24.03, the employee shall continue to receive pay for the number of days for which the employee was required to be in receipt of such notice. 24.05 The Employer will notify the Union in writing of its intent to commence the lay-off procedure for Employee(s) within the bargaining unit. Within seven (7) days of notification, the Employer will meet with representatives of the Union to discuss alternatives to such lay-off(s) and for the Union, if it wishes, to suggest alternatives to such lay-offs provided they are operationally and financially practical and effective. This information will be shared with the Union on a confidential basis in order to facilitate these discussions. (a) Within seven (7) days of the meeting in 24.05, the Employer will notify the Union, in writing, of its intent to serve lay-off n...
Layoff, Recall and Resignation 

Related to Layoff, Recall and Resignation

  • Termination and Resignation Your services as a Director may be terminated for any or no reason by the determination of the Board. You may also terminate your services as a Director for any or no reason by delivering your written notice of resignation to the Company (“Resignation”), and such Resignation shall be effective upon the time specified therein or, if no time is specified, upon receipt of the notice of resignation by the Company. Upon the effective date of the termination or Resignation, your right to compensation hereunder will terminate subject to the Company's obligations to pay you any compensation that you have already earned and to reimburse you for approved expenses already incurred in connection with your performance of your Duties as of the effective date of such termination or Resignation.

  • Removal and Resignation Any officer of the Company may be removed as such, with or without cause, by the Managers at any time. Any officer of the Company may resign as such at any time upon written notice to the Company. Such resignation shall be made in writing and shall take effect at the time specified therein or, if no time is specified therein, at the time of its receipt by the Managers.

  • Removal Resignation Section 6.01 Removal of Asset Representations Reviewer 13 Section 6.02 Appointment of Successor 13 Section 6.03 Merger or Consolidation of, or Assumption of the Obligations of, the Asset Representations Reviewer 13 Section 6.04 Asset Representations Reviewer Not to Resign 14 Section 6.05 Cooperation of Asset Representations Reviewer 14

  • Deemed Resignation Upon termination of Executive’s employment for any reason, Executive shall be deemed to have resigned from all offices and directorships, if any, then held with the Company or any of its subsidiaries.

  • Resignation and Retirement Any Trustee may resign his trust or retire as a Trustee, by written instrument signed by him and delivered to the other Trustees or to any officer of the Trust, and such resignation or retirement shall take effect upon such delivery or upon such later date as is specified in such instrument.

  • RESIGNATION/TERMINATION The Warrant Agent may resign its duties and be discharged from all further duties and liabilities hereunder (except liabilities arising prior to resignation as a result of the Warrant Agent’s bad faith, gross negligence or willful misconduct (which bad faith, gross negligence or willful misconduct must be determined by a final, non-appealable judgment of a court of competent jurisdiction)) after giving thirty (30) calendar days’ prior written notice to the Company. In the event the transfer agency relationship in effect between the Company and Warrant Agent terminates, the Warrant Agent shall be deemed to have resigned automatically and be discharged from its duties under this Agreement as of the effective date of such termination. The Company may remove the Warrant Agent upon thirty (30) calendar days’ written notice, and the Warrant Agent shall thereupon in like manner be discharged from all further duties and liabilities hereunder, except as have been caused by the Warrant Agent’s bad faith, gross negligence or willful misconduct (which bad faith, gross negligence or willful misconduct must be determined by a final, non-appealable judgment of a court of competent jurisdiction) prior to its removal. The Company shall cause to be mailed promptly (by first class mail, postage prepaid) to each registered Holder at such Holder’s last address as shown on the register of the Company, at the Company’s expense, a copy of such notice of resignation or notice of removal, as the case may be. Upon such resignation or removal the Company shall promptly appoint in writing a new warrant agent. If the Company shall fail to make such appointment within a period of thirty (30) calendar days after it has been notified in writing of such resignation by the resigning Warrant Agent or after such removal, then the Holder of any Warrant may apply to any court of competent jurisdiction for the appointment of a new warrant agent. A resignation or removal of the Warrant Agent and appointment of a successor Warrant Agent will become effective only upon the successor Warrant Agent’s acceptance of appointment. Pending appointment of a successor to the Warrant Agent, either by the Company or by such a court, the duties of the Warrant Agent shall be carried out by the Company. Any successor warrant agent, whether appointed by the Company or by such a court, shall be a Person, incorporated under the laws of the United States or of any state thereof and authorized under such laws to conduct a shareholder services business, be subject to supervision and examination by a Federal or state authority, and have a combined capital and surplus of not less than $100,000,000 as set forth in its most recent published annual report of condition; or in the case of such capital and surplus requirement, a controlled affiliate of such a Person meeting such capital and surplus requirement. After acceptance in writing of such appointment by the new Warrant Agent, such successor Warrant Agent shall be vested with the same powers, rights, duties and responsibilities under this Agreement as if it had been originally named herein as the Warrant Agent, without any further assurance, conveyance, act or deed; but if for any reason it shall be necessary or expedient to execute and deliver any further assurance, conveyance, act or deed, the same shall be done at the expense of the Company and shall be legally and validly executed and delivered by the resigning or removed Warrant Agent. Not later than the effective date of any such appointment, the Company shall send notice thereof to the resigning or removed Warrant Agent and shall forthwith cause a copy of such notice to be mailed (by first class, postage prepaid) to each registered Holder at such Holder’s last address as shown on the register of the Company. Failure to give any notice provided for in this Section 12(j), or any defect in any such notice, shall not affect the legality or validity of the resignation of the Warrant Agent or the appointment of a successor Warrant Agent, as the case may be.

  • Termination for Cause; Resignation If Executive’s employment terminates due to a Termination for Cause (as defined below) or a Resignation (as defined below), Base Salary earned but unpaid as of the date of such termination will be paid to Executive in a lump sum and the Company will have no further obligations to Executive hereunder. In the event any termination of Executive’s employment for any reason, Executive if so requested by the Company agrees to assist in the orderly transfer of authority and responsibility to Executive’s successor.

  • Resignation for Good Reason The Executive may resign from the Executive’s employment for Good Reason.

  • Employee Resignation (a) Unless otherwise agreed by the Employer and an Employee, an Employee other than a probationary Employee may resign at any time by giving a minimum of four weeks' written notice to the Employer. (b) In the event an Employee resigns and elects to leave before serving the required notice period, the balance of the notice period not served will not be paid out by the Employer.

  • Deemed Resignations Any termination of Executive’s employment shall constitute an automatic resignation of Executive as an officer of Company and each affiliate of Company, an automatic resignation of Executive from the Board and from the board of directors or similar governing body of any affiliate of Company, and an automatic resignation from the board of directors or similar governing body of any corporation, limited liability company or other entity in which Company or any affiliate holds an equity interest and with respect to which board or similar governing body Executive serves as Company’s or such affiliate’s designee or other representative.

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