Notice of Involuntary Transfer Sample Clauses

Notice of Involuntary Transfer. The Interested Party will deliver a written notice (the "Notice of Involuntary Transfer") to the Company (and, in the case of a Marital Relationship Transfer, to the Former Shareholder) no later than 30 days after such Involuntary Transfer. The Notice of Involuntary Transfer will include (i) a description of the circumstances resulting in the Involuntary Transfer; (ii) the name and address of each Interested Party; and (iii) the type and number of shares of Capital Stock subject to such Involuntary Transfer (the "Subject Shares").

Notice of Involuntary Transfer. The employee and CSEA shall be given notice of a pending involuntary transfer at least five (5) work days in advance of the actual transfer. In an emergency situation where the District did not know of the need for the transfer five (5) days in advance, this limitation shall not apply. If the District does not provide notice at least five (5) days in advance of the actual transfer, the employee shall be entitled to one (1) day of paid leave immediately prior to the actual transfer. If so requested by the employee, the District shall provide the employee with written notification of the pending transfer.

Notice of Involuntary Transfer. Any notice of involuntary Transfer shall identify: the order, decree or directive requiring the involuntary Transfer of an Affected Interest, a description of the Affected Interest, the reason for the involuntary Transfer, and the pertinent terms of the involuntary Transfer. A copy of the relevant order, decree or directive shall be attached to the notice.

Notice of Involuntary Transfer. 13.3.1.1 Administrative transfers, while at the discretion of the Superintendent or designee, shall require that the unit member to be transferred shall be provided with not less than twenty (20) unit member workdays’ notice prior to the transfer. 13.3.1.2 Notwithstanding the before mentioned notice requirement, if the Superintendent or designee is faced with an unforeseeable or urgent condition that requires an administrative transfer, the notice requirement shall be waived. Said transfers shall be made in the best interests of the District and shall not be made for an arbitrary, capricious, or vindictive reason.

Notice of Involuntary Transfer. A teacher subject to an involuntary transfer shall be notified of such transfer as early as possible, and shall be furnished a system-wide list of all vacancies in ISD 196 for which such teacher is qualified and licensed. In order to interview at schools where vacancies may exist, the teacher may request one-half day of leave, without deduction from leave allowance. Such a request must be submitted in advance and is subject to approval by the Director of Human Resources. Involuntarily transferred teachers not selected during this process will be placed in a position(s) for which they are qualified and licensed.

Notice of Involuntary Transfer. Whenever a Beneficiary (the “Involuntary Transfer Beneficiary”) has any notice or knowledge of (i) any attempted, impending or consummated involuntary Transfer of, or (ii) any foreclosure or any other enforcement action with respect to any lien, security interest, charge or other encumbrance on, whether by operation of law or otherwise, all or any part of the Trust Certificates of the Involuntary Transfer Beneficiary (collectively referred to as an “Involuntary Transfer”), the Involuntary Transfer Beneficiary shall give immediate written notice to the Trustees. Such notice shall specify, to the extent known by such Involuntary Transfer Beneficiary: (1) the number and/or portion of the Trust Certificates subject to the Involuntary Transfer (the “Involuntary Transfer Trust Certificates”), (2) the date of the Involuntary Transfer, (3) the identity of the proposed purchaser or transferee (the “Involuntary Purchaser”), (4) a description of the nature of the Involuntary Transfer, and (5) a copy of any written documents relating to the Involuntary Transfer. The Trustees shall promptly notify in writing all Beneficiaries of such notice. The written notice by the Involuntary Transfer Beneficiary shall be accompanied by the Involuntary Transfer Trust Certificates, together with transfer instruments executed by the Involuntary Transfer Beneficiary and, if such Trust Certificates are Pledged Trust Certificates, by the pledgee or secured party, in blank sufficient to effect the transfer of all of the Involuntary Transfer Trust Certificates, if purchased pursuant to this Section 5.06, which shall be held by the Trustees in trust for delivery to the purchasers of the Involuntary Transfer Trust Certificates if a sale is effected. Whenever the Trustees or any other Beneficiary has any notice or knowledge of any such attempted, impending or consummated Involuntary Transfer, it may give written notice to the Involuntary Transfer Beneficiary. In the case of any Involuntary Transfer, the Involuntary Transfer Beneficiary agrees forthwith to disclose to the Trustees all pertinent information in his, her or its possession relating thereto.

Notice of Involuntary Transfer. At least thirty (30) days prior ------------------------------ to an Involuntary Transfer by a Shareholder (the "Transferring Shareholder") of any of his Shares, or any right or interest therein (the "Article 6 Shares"), the Transferring Shareholder shall give written notice of such proposed Involuntary Transfer ("Notice of Involuntary Transfer") to the President and the Secretary of the Company and to all other Shareholders. The Notice of Involuntary Transfer must set forth the name and address of the proposed transferee, the number of Article 6 Shares to be transferred, and all other material circumstances surrounding the proposed Involuntary Transfer. Immediately thereafter, the President or the Secretary shall cause a special meeting of the Directors to be called to afford the Company the opportunity to exercise its option to purchase the Article 6

Notice of Involuntary Transfer. Notice of an involuntary transfer(s) known by the Administration as of June 20 will be given or sent to the affected bargaining unit member prior to July 15. A necessary involuntary transfer(s) after June 20 will be handled on an individual basis.

Notice of Involuntary Transfer. Notice of involuntary transfer of a teacher shall be given in writing at the earliest date possible. If he/she fails to accept the transfer, the Board shall accept such employee's resignation and xxxxxx no punitive action regarding the employee.

Notice of Involuntary Transfer. The Interested Party will deliver a written notice (the "Notice of Involuntary Transfer") to each Stockholder and the Company (and, in the case of a Marital Relationship Transfer, to the former owner of the Stockholder Shares that are the subject of the Involuntary Transfer if the former owner is not a current Stockholder) no later than thirty (30) days after such Involuntary Transfer. The Company agrees to promptly provide the Interested Party with a list of the names and addresses of each Stockholder and, if applicable, the former owner, for such purpose upon request. The Notice of Involuntary Transfer will include (i) a description of the circumstances resulting in the Involuntary Transfer, (ii) the name and address of each Interested Party and (iii) the type and number of Stockholder Shares subject to such Involuntary Transfer (the "Subject Securities"). Upon the failure of the Interested Party to deliver a Notice of Involuntary Transfer within thirty (30) days of an Involuntary Transfer, the Interested Party will be deemed to have provided such Notice of Involuntary Transfer to the Company and each Stockholder (and, if applicable, a former Stockholder in the case of a Marital Relationship Transfer) and the terms of Sections 4(c)(ii) through (v) will be applicable to any Involuntary Transfer.