Promotional Practices Sample Clauses

Promotional Practices. 9.21.1 The Seller and its Affiliates have not in connection with the Business or the operation of the Transferred Assets of the Business, to obtain or retain business, directly or indirectly offered, paid, or promised to pay, or authorized the payment of, any commission payment or any other money or other thing of value (including any fee, gift, sample, travel expense, or entertainment) payable, to:

Promotional Practices. Microchip's practice is to promote approximately 10% of the indirect labor force once per year to the next grade level responsibility. Approximately 40% of the new Gresham facilities will be direct labor employees. Once Microchip places an entry level or category one direct labor employee into grade 90, the following chart illustrates their path. 90---92 -First year promotion 92---94 -Second year promotion 94---96 -Third year promotion

Promotional Practices. (a) Neither Seller in respect of the Business, nor any of its directors, officers, employees, consultants, agents or other representatives in respect of the Business has:

Promotional Practices. Microchip’s practice is to promote approximately 10% of the indirect labor force once per year to the next grade level responsibility. Approximately 40% of the Gresham facilities will be direct labor employees. Once Microchip places an entry level or category one direct labor employee into grade 90, the following chart illustrates their path. 90---92 - First year promotion 92---94 - Second year promotion 94---96 - Third year promotion Once a Category One employee has reached grade 96 they have had a promotion every year for three years and they have reached the highest grade available. To continue advancement an employee must take on additional responsibilities such as supervision or follow a technical path toward engineering. Amended Strategic Investment Program Contract - 8 of 24 Microchip provides tuition reimbursement as described in Exhibit 5 up to $10,000 a year for education. Microchip commits to continue with this level of promotions per year to the extent economic conditions permit, for all employees whose job performance justifies promotion.

Promotional Practices. Notices of all vacancies and newly created positions shall be sent electronically during the recruitment process. Bargaining unit applicants meeting the minimum qualifications shall be granted an interview. In the event that an applicant within the department has equal or better qualifications than an outside applicant (from either the bargaining unit or other applicants), then the senior applicant from within the department shall be given preference. In the event that an applicant from outside the department but within the bargaining unit has equal or better qualifications than an outside applicant, then the senior applicant from within the bargaining unit shall be given preference over an equally qualified outside applicant.