Rights to Displace Sample Clauses

Rights to Displace. Employees affected by work force adjustments as a result of lay-off shall have the opportunity to displace other employees with lesser seniority in their specified department in the bargaining unit at the same or lesser pay grade, as per Appendix One. Any affected employee shall have the right to a familiarization period to qualify for any such position obtained as a result of this Article provided the employee is able to demonstrate that they are capable of performing the duties of the position. Whether or not the demonstration is successful shall be at the sole discretion of the Board. Employees must exercise their rights to this Article in a reasonable period as determined on each occasion by the parties to this Agreement.
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Rights to Displace. Employees affected by work force adjustments as a result of lay-off shall have the opportunity to displace other employees with lesser seniority in their specified department in the bargaining unit at the same or lesser pay grade. Any affected employee shall have the right to a familiarization period to qualify for any such position obtained as a result of this clause provided the employee is able to demonstrate that he/she is capable of performing the duties of the position. Whether or not the demonstration is successful shall be at the sole discretion of the Board. Employees must exercise their rights to this clause in a reasonable period as determined on each occasion by the parties to this Agreement.

Related to Rights to Displace

  • Transfer Due to Divorce If all or any part of your Xxxx XXX is awarded to your spouse or former spouse in a divorce or legal separation proceeding, the amount so awarded will be treated as the spouse’s Xxxx XXX (and may be transferred pursuant to a court-approved divorce decree or written legal separation agreement to another Xxxx XXX of your spouse), and will not be considered a taxable distribution to you. A transfer is a tax-free direct movement of cash and/or property from one Xxxx XXX to another.

  • Transfers From Other Plans We can receive amounts transferred to this Xxxx XXX from the trustee or custodian of another Xxxx XXX as permitted by the Code. In addition, we can accept rollovers of eligible rollover distributions from employer-sponsored retirement plans as permitted by the Code. We reserve the right not to accept any transfer.

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