Procedures and Restrictions Sample Clauses
The "Procedures and Restrictions" clause sets out the specific steps that must be followed and the limitations imposed when carrying out certain actions under the agreement. It typically details the required processes, such as notification requirements, approval steps, or documentation, and outlines what parties are not permitted to do, such as exceeding authority or bypassing established protocols. By clearly defining both the procedures to be followed and the restrictions in place, this clause helps ensure orderly conduct, reduces misunderstandings, and mitigates the risk of unauthorized or improper actions.
Procedures and Restrictions. Any Participant desiring to transfer an Award as permitted under Sections 16.5(a), 16.5(b) or 16.5(c) shall make application therefor in the manner and time specified by the Committee and shall comply with such other requirements as the Committee may require to assure compliance with all applicable securities laws. The Committee shall not give permission for such a transfer if (1) it would give rise to short swing liability under Section 16(b) of the Exchange Act or (2) it may not be made in compliance with all applicable federal, state and foreign securities laws.
Procedures and Restrictions. (i) An employee must present the jury duty summons to his/her supervisor as soon as he/she receives the summons from the court. Any undue delay in the presentation of the summons may preclude the employee from payment under this policy. In no case will the employee receive payment for jury service if the supervisor receives the summons less than 48 hours before the report time for jury service.
(ii) If the supervisor feels that jury service by this employee at this time would hamper department operations, the supervisor should contact their Human Resources Service Specialist to discuss available strategies to help the employee secure an excuse from service. If the court does not excuse the employee, the employee must report for jury service.
(iii) When the employee needs to serve on a jury, the supervisor shall adjust the employee’s schedule to allow the employee to report for jury service.
(iv) If an employee normally works evening or night shift and must attend jury duty during the day, the supervisor will excuse the employee from working the normal shift for that evening or the prior night, if applicable.
(v) At the end of jury duty, the employee must submit the receipt from the court to his/her supervisor. The supervisor ensures that appropriate notation is made on the employee’s payroll record. The department timekeeper shall submit the receipt to the Payroll Department according to standard payroll procedures.
(vi) The employee will receive payment as part of the regular paycheck. Einstein will pay an employee his/her base rate for his/her regularly scheduled shift.
(vii) If the court excuses an employee from jury service on a regularly scheduled workday, the employee must contact his/her supervisor as promptly as possible. The employee should be ready and available to report for work if the supervisor makes the request.
(viii) Einstein will not pay an employee for more than the normal day’s pay for any day that an employee works and performs jury service. The jury service hours paid shall be at the rate for the employee’s regularly scheduled shift.
Procedures and Restrictions. Any Participant desiring to transfer an Award as permitted under Sections 10(a)(i), 10(a)(ii) or 10(a)(iii) shall make application therefor in the manner and time specified by the Committee and shall comply with such other requirements as the Committee may require to assure compliance with all applicable securities laws. The Committee shall not give permission for such a transfer if (A) it would give rise to short swing liability under section 16(b) of the Exchange Act or (B) it may not be made in compliance with all applicable federal, state and foreign securities laws.