Proportionality procedure Sample Clauses

Proportionality procedure. The proportionality procedure is applied in accordance with the statutory proportionality principle. This means that the designation of redundant employees takes place distributed across age groups and, within those, on the basis of length of service. The age groups prescribed by statutory provisions are: 15-24, 25-34, 35-44, 45-54, 55 years-state pension age. Periods of service at Rabobank and Obvion are added up for the purpose of determining length of service, if intervals between contracts correspond to the provisions in the Redundancy Act. The duration of intervals themselves is not included. The same record date applies to everyone for the purposes of determining age. That record date is the starting date of the implementation of the reorganization or, if there are different starting dates, the proposed date as recorded in the request for advice. If, ahead of the redundancy notification meetings, there is still attrition of employees within the group of exchangeable positions, the proportionality principle has to be applied again. If there is attrition of employees in this group after the redundancy notification meetings have taken place, the ‘reverse proportionality’ method is applied. This means that in the first instance the age group is looked at in which the non-redundant, departing employee worked. The redundancy of the employee with the longest employment in this age group will be revoked in that case. If there is no (longer an) employee in this age group who has been given notice of redundancy, a reasonable explanation of the proportionality principle means that the age group designated last to provide a redundant employee now has to provide one employee less. The redundancy of the employee with the longest employment in this age group should be revoked. If two or more age groups are equally eligible, the redundancy should be revoked for the employee with the longest employment among these joint age groups. This procedure will apply up to the date of redundancy plus the reorientation period. Only those employees will be included in the application of the ‘reverse proportionality’ method in the reorientation period who continue to be employed at that time.
AutoNDA by SimpleDocs

Related to Proportionality procedure

  • Change Order Procedure The Agency may at any time request a modification to the Scope of Work using a change order. The following procedures for a change order shall be followed:

  • Payment Procedure (a) The Lead Securitization Note Holder, in accordance with the priorities set forth in Section 3 and subject to the terms of the Lead Securitization Servicing Agreement, will deposit or cause to be deposited all payments allocable to the Notes to the Collection Account or Companion Distribution Account pursuant to and in accordance with the Lead Securitization Servicing Agreement. The Lead Securitization Note Holder (or the Master Servicer acting on its behalf) shall (i) deposit such amounts to the applicable account within two (2) Business Days after receipt of properly identified and available funds by the Lead Securitization Note Holder (or the Master Servicer acting on its behalf) from or on behalf of the Mortgage Loan Borrower and (ii) remit from the applicable account (A) prior to the Securitization Date, within two Business Days of receipt of properly identified funds (unless otherwise specified pursuant to an interim servicing agreement) and (B) on or after the Securitization Date, (1) with respect to the Lead Securitization Note, the remittance date under the Lead Securitization Servicing Agreement for the Lead Securitization Note and (2) with respect to the Non-Lead Securitization Note, (x) prior to the Non-Lead Securitization, the remittance date under the Lead Securitization Servicing Agreement for the Lead Securitization Note and (y) on or after the Non-Lead Securitization, the earlier of the remittance date under the Lead Securitization Servicing Agreement and the business day immediately succeeding the “determination date” set forth in the Non-Lead Securitization Servicing Agreement for the Non-Lead Securitization Note, all payments received and allocable pursuant to this Agreement and the Lead Securitization Servicing Agreement with respect to the Non-Lead Securitization Note (net of amounts payable or reimbursable from such account) by wire transfer to accounts maintained by the applicable Note Holder.

  • Reimbursement Procedure Reimbursement shall be made upon successful completion of a course with a grade of C (2.00) or better. The employee shall submit an official transcript or certificate demonstrating successful completion of the course and a receipt from the institution confirming the employee has paid for tuition, fees, and required textbooks. Any financial assistance available to an employee shall be deducted from the amount of tuition reimbursement that would otherwise be payable. The employee shall not be reimbursed for incidental expenses such as paper or supplies, mileage, parking, meals, or other expenses other than tuition, fees, and required textbooks.

  • Site Allowance Procedure 18.1 This procedure shall apply to construction work in the commercial/industrial sector of the building industry in the State of Victoria. Further, it is expressly agreed by the parties to this procedure that Site Allowances will not be claimed on any project where the project value is below $2.2 million.

  • Working Procedure Assist in the definition and analysis of vehicle system requirements. Prepare technical specification sheets. Evaluate vendor proposals to ensure the specifications are met. Assist in the generation and checking of test reports. May conduct and witness factory acceptance tests, dynamic performance tests and may provide support for commissioning of vehicles at customers' premises. Perform other related duties as required.

  • Additional Wet Weather Procedure 14.15.1 Remaining On Site Where, because of wet weather, the employees are prevented from working:

  • Settlement procedure 4.1. The Client has the right to withdraw his/her own funds which are not encumbered with deposit obligations or Commission payments in case of Copy Trading.

  • Review Procedure If the Plan Administrator denies part or all of the claim, the claimant shall have the opportunity for a full and fair review by the Plan Administrator of the denial, as follows:

  • Displacement Procedure (a) Subject to consideration of ability, experience, qualifications, or where the Employer establishes that special skills or qualifications are required, according to objective tests or standards reflecting the functions of the job concerned, an employee in receipt of layoff notice has, subject to Article 35.02(e), the right to displace another employee. The employee to be displaced shall be an employee with lesser seniority who:

  • Payment Procedures Upon receipt of a Right Certificate representing exercisable Rights, with the form of election to purchase and certification duly executed, accompanied by payment of the aggregate Purchase Price for the total number of one one-hundredths of a Preferred Share to be purchased and an amount equal to any applicable transfer tax required to be paid by the holder of such Right Certificate in accordance with Section 9, in cash or by certified or cashier's check or money order payable to the order of the Company, the Rights Agent shall thereupon promptly (i)(A) requisition from any transfer agent of the Preferred Shares (or make available, if the Rights Agent is the transfer agent) certificates for the number of Preferred Shares to be purchased and the Company hereby irrevocably authorizes its transfer agent to comply with all such requests, or (B) if the Company shall have elected to deposit the total number of Preferred Shares issuable upon exercise of the Rights hereunder with a depository agent, requisition from the depositary agent depositary receipts representing interests in such number of one one-hundredths of a Preferred Share as are to be purchased (in which case certificates for the Preferred Shares represented by such receipts shall be deposited by the transfer agent with the depositary agent) and the Company hereby directs the depositary agent to comply with all such requests, (ii) when appropriate, requisition from the Company the amount of cash to be paid in lieu of the issuance of fractional shares in accordance with Section 14 or otherwise in accordance with Section 11.1.3, (iii) promptly after receipt of such certificates or depositary receipts, cause the same to be delivered to or upon the order of the registered holder of such Right Certificate, registered in such name or names as may be designated by such holder and (iv) when appropriate, after receipt, promptly deliver such cash to or upon the order of the registered holder of such Right Certificate. In the event that the Company is obligated to issue other securities of the Company, pay cash and/or distribute other property pursuant to Section 11.1.3, the Company will make all arrangements necessary so that such other securities, cash and/or other property are available for distribution by the Rights Agent, if and when appropriate.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!