Redundancy Options Sample Clauses

Redundancy Options. The Committee On Redundancy shall consider the case of each redundant teacher on its individual merits and on or before June 30, the Committee, after interviewing each such teacher, will extend to each redundant teacher the following options. The teacher shall select one of the following options:
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Redundancy Options. Redundancy options apply, in order of seniority, to the teachers who are above the line when the placement meeting takes place, and who are declared redundant to the secondary system at the time of the placement meeting. The Committee on Redundancy shall meet with each redundant teacher on or before June 30th to explain the following options:
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Redundancy Options. Where positions covered by this agreement are made redundant, AER may apply the following options in managing such redundancies and these options shall be applied in the following order: 12.3.1. Redeployment - Employees may be offered redeployment subject to suitable opportunities existing and employees accepting those offers including the requirement to undertake any necessary training or competency development.
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Redundancy Options. Where positions covered by this agreement are no longer required, AER may apply the following options in managing these situations and these options will be applied in the following order: 11.5.1. Redeployment - Employees may be offered redeployment within AER or any other QR National company, subject to suitable opportunities existing and employees accepting those offers including the requirement to undertake any necessary training or competency development. Where an employee accepts redeployment with another QR National company in accordance with this provision the employee‘s employment with AER will be deemed, for the purposes of this clause, not to have been terminated.
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Redundancy Options. 58.5.1 Where an employee has been given notice of termination, they can elect either of the following options available to them: 58.5.1.1 depart early and their employment will cease at the early departure date elected and they will receive the redundancy entitlements set out in clause 58.6; or 58.5.1.2 seek redeployment and work through the notice period. 58.5.2 If an employee does not elect either of the options above their employment will terminate on the effective date of the redundancy, or where an employee elects to seek redeployment but is not successfully redeployed by the end of the notice period their employment will terminate at the end of the notice period, and the employee will receive redundancy entitlements in accordance with clause 58.6.
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Redundancy Options. Redundancy options apply, in order of seniority, to the teachers who are above the line when the placement meeting takes place, and who are declared redundant to the secondary system at the time of the placement meeting. The Committee on Redundancyshall meet with each redundant teacher on or before June 30th to explain the following options: Permanent Supply The top six (6) teachers on the seniority list, who have been declared redundant, shall be placed as permanent supply teachers. These positions shall not count in the setting of the line, the following year. Whenever possible the teacher shall be placed into a long term occasional position for which the teacher is qualified. In the event that no vacancy for which the teacher is qualified exists at the end of the two year period from the date when such teacher was declared redundant, the teacher shall be terminated. Any qualified teacher placed on permanent supply shall remain on the recall list. If any qualified teacher placed on permanent supply unjustifiably refuses a teaching position, the teacher shall be terminated. If classes are added after the permanent supply position is filled, these teachers, if qualified shall be used to fill the positions. If teachers on permanent supply obtain a teaching position at some time during the school year, the permanent supply position shall cease to exist for that year. Recall Rights Teachers who were above the line, but for whom there are not permanent supply positions, shall be given an extra year on the recall list. Such teachers shall be offered available long term occasional teaching assignmentsfor which they are qualified during the recall period. If there are no such assignments, these teachers shall be called first for short term occasional positions. Leave of Absence Any teacher who was above the line, but declared redundant, shall be granted a leave of absence for the following year if they so request. This year of leave shall not count as one of their two years of recall rights. Elementary Placement With the mutual consent of the teacher and the Board, the teacher shall be placed in the elementary panel where there is a vacancy for which the teacher is qualified. Any qualified teacher placed in the elementary panel shall remain on the recall list. In the event that a vacancy becomes available in the secondary panel for which the teacher is qualified, the teacher shall be recalled to that position. The recalled teacher shall remain in the elementary p...
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Redundancy Options. The On Redundancy shall merits and on or before June the options: teacher year from date when redundant the on permanent teacher shall be terminated. The teacher placed on permanent of the the Day, and Summer School Leave of Absence teacher is panel shall on the mber a vacancy In first available be the Board, and such Is by Partial Redundancy Refusal to Select PlacementWithin the
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Related to Redundancy Options

  • Notice of Change in Exercise Price The Company shall, promptly after an event requiring a change in the Exercise Price pursuant to Section 6 hereof, send notice to the Holders of such event and change (“Price Notice”). The Price Notice shall describe the event causing the change and the method of calculating same and shall be certified as being true and accurate by the Company’s Chief Financial Officer.

  • Maximum Compensatory Time Employees may accumulate no more than one hundred and sixty (160) hours of compensatory time.

  • Overtime and Compensatory Time Overtime work shall be compensated as follows: A. Hours in an active pay status in excess of forty (40) hours in any calendar week shall be compensated at the rate of one and one-half (1 1/2) times the total rate of pay, as defined by Section 43.01, for each hour of such time. Total rate of pay includes the base rate plus longevity, all applicable supplements, and shift differential where applicable. B. An employee may elect to take compensatory time off in lieu of cash overtime payment for hours in an active pay status more than forty (40) hours in any calendar week. Such compensatory time shall be granted on a time and one-half (1 1/2) basis. C. The maximum accrual of compensatory time shall be two hundred forty (240) hours and compensatory time must be taken within one (1) year of its being earned. D. When the maximum hours of compensatory time accrual is rendered, payment for overtime work shall be made in cash. Compensatory time not taken within one (1) year shall be paid in cash to a maximum of eighty (80) hours in any pay period. E. Compensatory time is not available for use until it appears on the employee’s earnings statement and on the date the funds are made available. F. Upon termination of employment, an employee shall be paid for unused compensatory time at a rate which is the higher of: 1. The final total rate received by the employee, or 2. The average total rate received by the employee during the last three (3) years of employment. For the purposes of this Article, active pay status is defined as the conditions under which an employee is eligible to receive pay, and includes, but is not limited to, vacation leave and personal leave. Sick leave and any leave used in lieu of sick leave shall not be considered as active pay status for purposes of this Article. Compensatory time requests must be submitted in writing twenty-four (24) hours in advance of the anticipated time off, unless the need for time off is of an emergency nature.

  • Compensatory Time for Overtime Eligible Employees ‌ A. Compensatory Time Eligibility

  • Use of Compensatory Time An employee must have the appropriate supervisor's prior approval to use accumulated compensatory time.

  • Overtime/Compensatory Time A. Employees working assigned, pre-approved time in excess of forty (40) hours per week shall be given either overtime pay or compensatory time at the rate of one and one-half times the employee’s regular rate of pay. The name of the supervisor authorized to approve overtime assignments shall be posted in each building. The employee may elect to take either overtime pay or compensatory time off. Holidays, sick leave, personal days, or vacation days shall be included as regular time for purposes of computing overtime. In the event overtime is required, the Assistant Superintendent or his/her designee shall solicit volunteers to fill the overtime positions. In the event no volunteers are available or the volunteers available are unqualified in the opinion of the Assistant Superintendent or designee, overtime may be assigned. Overtime assignments will be made on a rotational basis at each work site to employees who normally do the work assigned. Reasonable advance notice will be given to employees assigned overtime. An employee shall not be called in for snow removal duty sooner than 8 hours following the conclusion of his/her regular shift or any other work performed for the District. B. Only forty-five (45) hours of compensatory time can be earned in a contract year. Use of compensatory time must be approved by the employee’s immediate supervisor. Compensatory time earned must be used during the contract year in which it is earned or cashed in for pay at the rate in effect for the employee at the time the employee receives such payment. Employees who have accumulated more than forty (40) hours of compensatory time at the time of execution of this Agreement shall retain all such accumulated time, provided, however, that such employees shall not be allowed to use more than forty (40) hours in any contract year. All compensatory time must be submitted on a timesheet. C. All overtime worked must be submitted on a timesheet to the building principal in accordance with business office procedures for processing payroll. Requests for use of compensatory time off shall be submitted in writing to the building principal in accordance with business office procedures for processing payroll. X. Xx employee called in to work on his/her day off will be paid for a minimum of two (2) hours at the appropriate rate. E. The decision to assign overtime will not be based upon an employee’s preference for either compensatory time or overtime pay. F. In the event an employee’s regular permanent assignment requires the performance of duties in more than one job classification, the overtime rate to be used to calculate compensation for the employee for the overtime work shall be the rate of the classification which caused the employee to work such overtime hours.

  • Adjustments in Exercise Price Whenever the number of Ordinary Shares purchasable upon the exercise of the Warrants is adjusted, as provided in subsection 4.1.1 or Section 4.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of Ordinary Shares purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of Ordinary Shares so purchasable immediately thereafter.

  • Payment of Warrant Exercise Price The holder has paid in connection with this exercise the sum of $ to the Company in accordance with the terms of the Warrant.

  • Exceptions to Adjustment of Exercise Price No adjustment to the Exercise Price will be made (i) upon the exercise of any warrants, options or convertible securities granted, issued and outstanding on the date of issuance of this Warrant; (ii) upon the grant or exercise of any stock or options which may hereafter be granted or exercised under any employee benefit plan, stock option plan or restricted stock plan of the Company now existing or to be implemented in the future, so long as the issuance of such stock or options is approved by a majority of the independent members of the Board of Directors of the Company or a majority of the members of a committee of independent directors established for such purpose; or (iii) upon the exercise of the Warrants.

  • Payment of Exercise Price In the event that the holder has elected a Cash Exercise with respect to some or all of the Warrant Shares to be issued pursuant hereto, the holder shall pay the Aggregate Exercise Price in the sum of $___________________ to the Company in accordance with the terms of the Warrant.

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