Merger Processes Clause Samples

The Merger Processes clause outlines the procedures and steps that parties must follow to complete a merger transaction. It typically details the required approvals, documentation, timelines, and responsibilities of each party during the merger process. For example, it may specify how due diligence will be conducted, the sequence of regulatory filings, and the method for resolving any disputes that arise. The core function of this clause is to ensure that the merger proceeds in an organized, transparent, and efficient manner, minimizing misunderstandings and delays.
Merger Processes. (a) Commencement date of staffing merger process and filling of vacancies at that time
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Merger Processes. Commencement date of staffing merger process and filling of vacancies at that time The staffing merger process in clause 3.9.4 below shall be followed from the date the merger is Gazetted except as provided. Actual vacancies that appear at the school from the Gazetting of the date of merger shall be filled with temporary appointments, except that if curriculum delivery is threatened, the employer may determine, in consultation with the Ministry of Education that any such position may be made permanent, subject to any staffing limitations. Purpose of provisions Including Use of Attrition Where Possible The purpose of these provisions is to: Provide a staffing merger process that facilitates a fair and orderly transition Ensure an appropriate management structure is in place to enable the re-organised school to function efficiently and effectively; Ensure continuity of curriculum delivery at the merging schools prior to merger Ensure that as many teachers as possible currently employed are re- assigned or re-confirmed to positions in the process of merger. Throughout the staffing merger process the employer shall attempt to meet any reduction required by the use of attrition. Ensure the curriculum, management and pastoral needs of the reorganised school are met. Merger Committee to Conduct Staffing Needs Analysis A merger committee will be established to implement the staffing merger process. The merger committee, in consultation with the nominee of the Executive of the Association, shall work to document: an analysis of the current staffing usage at the affected schools; and a teacher/subject analysis. This will include subjects taught at each year level over recent years; and an analysis of the likely curriculum, pastoral, and management positions of the merged school. Preparation of Draft Staffing Schedules Following the staffing needs analysis, draft staffing schedules shall be developed and made available to each teacher, and to the nominee(s) of the Executive of the Association. Unless otherwise agreed, no less than five (5) working days will be provided for comment and feedback to the representative of the employer before any further step is taken. A further three (3) working days will be provided for comment on any alterations to the initial draft staffing schedules. Expressions of Interest in Teaching Positions When the new staffing structure is announced, the employer shall invite all teachers to express a preference (or preferences) in writing, fo...
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