Market Adjustments for Selected Classifications Sample Clauses

Market Adjustments for Selected Classifications. 26 There is a joint understanding by the parties that market forces continue to 27 have a variable effect on the relative market standing of many of the classifications in the 28 bargaining unit. The County and the Union recognize the need for a fair and equitable 29 compensation system and therefore agree to review market data and negotiate 30 compensation for selected classifications every two (2) years, beginning in calendar year 31 2010, using the process outlined below: 32 1. The parties shall each appoint a negotiating team of up to five (5) 33 representatives no later than April 1 of each even-numbered year. No later than July 1, the 34 teams shall agree to a list of classifications to be reviewed for possible market adjustments.
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Market Adjustments for Selected Classifications. 26 There is a joint understanding by the parties that market forces continue to 27 have a variable effect on the relative market standing of many of the classifications in the 28 bargaining unit. The County and the Union recognize the need for a fair and equitable 29 compensation system and therefore agree to review market data and negotiate 30 compensation for selected classifications every two (2) years, as began in calendar year 31 2010, using the process outlined below:
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Market Adjustments for Selected Classifications. 25 There is a joint understanding by the parties that market forces continue to have 26 a variable effect on the relative market standing of many of the classifications in the bargaining 28 system and therefore agree to review market data and negotiate compensation for selected 29 classifications every two (2) years, as began in calendar year 2010, using the process outlined 30 below: 31 1. The parties shall each appoint a negotiating team of up to five (5) 32 representatives no later than April 1 of each even-numbered year. No later than July 1, the 33 teams shall agree to a list of classifications to be reviewed for possible market adjustments. 1 The parties will review a minimum of ten (10) classifications and a maximum of thirty (30) 2 classifications, provided that the number of employees covered by the selected classifications 3 shall not exceed fifteen percent (15%) of the total number of regular employees in the 5 classifications in the series and each classification within the series shall count towards the 6 total number of classifications to be reviewed. 7 2. If the parties are unable to reach agreement on the list of selected 8 classifications by close of business July 1, and the total number of classifications proposed by 9 the parties exceeds (30) or the number of employees covered by the proposed classifications 10 exceeds fifteen percent (15%) of the total number of regular employees in the bargaining unit, 11 the parties shall meet on the next regularly scheduled business day following July 1 and 12 alternately strike classifications until the number has been reduced to the specified limitations.
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Market Adjustments for Selected Classifications. 12 There is a joint understanding by the parties that market forces continue to have 13 a variable effect on the relative market standing of many of the classifications in the bargaining 15 system and therefore agree to review market data and negotiate compensation for selected 16 classifications every two (2) years, as began in calendar year 2010, using the process outlined 17 below: 18 1. The parties shall each appoint a negotiating team of up to five (5) 19 representatives no later than April 1 of each even-numbered year. No later than July 1, the 20 teams shall agree to a list of classifications to be reviewed for possible market adjustments.
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Related to Market Adjustments for Selected Classifications

  • WAGE RATES AND CLASSIFICATIONS Classifications and the hourly wage rates applicable thereto are contained in the Appendices attached to and forming part of this Agreement.

  • Wage Adjustments If the funding available to be used for wages provided by Government in any fiscal year increases, the Employer shall pass on such increases to employees consistent with the funding increase adjusted for any additional deficits that this contract incurs. This will be the case whether the funding increase is for the entire year or simply a portion of it, and wage increases shall be effective upon the effective date of the increased funding. Should there be no increase provided by Government, wages will be maintained at their present levels. Should there be a decrease in funding, then the Employer will maintain wages at present levels. The Employer will promptly provide the Union with any information it receives from the Government regarding funding available for wages, and the parties will meet as required to work towards cooperative resolution of any issues arising from this Government information.

  • Adjustment for Reclassification, Exchange and Substitution If at any time or from time to time after the Original Issue Date while this Warrant remains outstanding, the Common Stock is changed into the same or a different number of shares of any class or classes of stock, whether by recapitalization, reclassification or otherwise (other than an Acquisition, Asset Transfer, subdivision or combination of shares, stock dividend, reorganization, merger, consolidation, or sale of assets provided for elsewhere in this Section 3.1(a)), in any such event the Registered Holder shall have the right thereafter to convert such stock into the kind and amount of stock and other securities and property receivable upon such recapitalization, reclassification or other change by holders of the maximum number of shares of Common Stock into which such shares of Common Stock could have been converted immediately prior to such recapitalization, reclassification or change, all subject to further adjustment as provided herein or with respect to such other securities or property by the terms thereof.

  • Adjustments for Tax Purposes Any payments made pursuant to Section 2.04 shall be treated as an adjustment to the Purchase Price by the parties for Tax purposes, unless otherwise required by Law.

  • Adjustments for Stock Splits The parties acknowledge and agree that all share-related numbers contained in this Agreement shall be adjusted to take into account any stock split, stock dividend or similar event effected with respect to the Placement Shares.

  • Adjustments for Stock Splits, Etc Wherever in this Agreement there is a reference to a specific number of shares of Common Stock or Preferred Stock of the Company of any class or series, then, upon the occurrence of any subdivision, combination or stock dividend of such class or series of stock, the specific number of shares so referenced in this Agreement shall automatically be proportionally adjusted to reflect the affect on the outstanding shares of such class or series of stock by such subdivision, combination or stock dividend.

  • Calculation of Adjustments All adjustments to the Settlement Rate shall be calculated to the nearest 1/10,000th of a share of Common Stock (or if there is not a nearest 1/10,000th of a share to the next lower 1/10,000th of a share). No adjustment in the Settlement Rate shall be required unless such adjustment would require an increase or decrease of at least one percent therein; provided, that any adjustments which by reason of this subparagraph are not required to be made shall be carried forward and taken into account in any subsequent adjustment. If an adjustment is made to the Settlement Rate pursuant to paragraph (1), (2), (3), (4), (5), (6), (7) or (10) of this Section 5.6(a), an adjustment shall also be made to the Applicable Market Value solely to determine which of clauses (i), (ii) or (iii) of the definition of Settlement Rate in Section 5.1(a) will apply on the Stock Purchase Date. Such adjustment shall be made by multiplying the Applicable Market Value by a fraction, the numerator of which shall be the Settlement Rate immediately after such adjustment pursuant to paragraph (1), (2), (3), (4), (5), (6), (7) or (10) of this Section 5.6(a) and the denominator of which shall be the Settlement Rate immediately before such adjustment; provided, that if such adjustment to the Settlement Rate is required to be made pursuant to the occurrence of any of the events contemplated by paragraph (1), (2), (3), (4), (5), (7) or (10) of this Section 5.6(a) during the period taken into consideration for determining the Applicable Market Value, appropriate and customary adjustments shall be made to the Settlement Rate.

  • Determination of Adjustments If any questions will at any time arise with respect to the Exercise Price or any adjustment provided for in Section 4.8, such questions will be conclusively determined by the Company’s Auditors, or, if they decline to so act any other firm of certified public accountants in the United States of America that the Company may designate and who will have access to all appropriate records and such determination will be binding upon the Company and the Holders of the Warrants.

  • Price Adjustments for OGS Centralized Contracts Periodic price adjustments will occur no more than twice per year on a schedule to be established solely by OGS. Pricing offered shall be fixed for the first twelve (12) months of the Contract term. Such price increases will only apply to the OGS Centralized Contracts and shall not be applied retroactively to Authorized User Agreements or any Mini-bids already submitted to an Authorized User. Price decreases may be made at any time. Additionally, some price decreases shall be calculated in accordance with Appendix B, section 17, Pricing.

  • Adjustments for Reclassification, Exchange or Substitution If the Common Stock issuable upon conversion of this Note at any time or from time to time after the Issuance Date shall be changed to the same or different number of shares of any class or classes of stock, whether by reclassification, exchange, substitution or otherwise (other than by way of a stock split or combination of shares or stock dividends provided for in Sections 3.6(a)(i), (ii) and (iii), or a reorganization, merger, consolidation, or sale of assets provided for in Section 3.6(a)(v)), then, and in each event, an appropriate revision to the Conversion Price shall be made and provisions shall be made (by adjustments of the Conversion Price or otherwise) so that the Holder shall have the right thereafter to convert this Note into the kind and amount of shares of stock and other securities receivable upon reclassification, exchange, substitution or other change, by holders of the number of shares of Common Stock into which such Note might have been converted immediately prior to such reclassification, exchange, substitution or other change, all subject to further adjustment as provided herein.

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