Secondary Recall Sample Clauses

Secondary Recall. (a) Any employee who is laid off due to lack of work or who is bumped by another employee may be recalled to any job classification on any shift where such job opening has been posted and has not been filled by a potentially qualified bidder.
AutoNDA by SimpleDocs
Secondary Recall. When openings occur in a pay grade from which a Bargaining Unit employee has been laid off or displaced, employees on recall from such a pay grade shall be recalled to a position in that pay grade provided they meet all the minimum qualifications for the position and are currently able to perform all the essential duties of the position with orientation and normal supervision.
Secondary Recall. Employees on a recall list shall also be eligible for secondary recall on a time-in-title seniority basis to an equal or lower-rated job in any department covered by the bargaining unit(s), provided the employee has the then present ability to perform the equal or lower rated job without further training. The employee shall, at the time of layoff, complete the Employer form indicating job interest and skills for the purpose of secondary recall. Preference shall be given to employees in the bargaining unit where the vacancy exists. An employee who declines an offer of secondary recall shall maintain his/her place on the seniority list and shall not be denied the right to accept a subsequent vacancy. Laid off employees shall be entitled to secondary recall to one position only and upon acceptance of such position shall retain primary recall rights to the initial job from which they were laid off only. Notwithstanding the foregoing, employees who accept sec- ondary recall to a lower-rated position shall have the right to a sub- sequent equal-rated vacancy in accordance with seniority within the same bargaining unit from which they were originally laid off only, provided the employee has the then present ability to per- form said job. Primary recall shall always take precedence over secondary re- call, provided an employee who accepts secondary recall within the same bargaining unit from which he/she was initially laid off shall be entitled to waive primary recall to the job originally held. If the employee exercises this right, he/she shall forfeit all future rights to primary recall to the job originally held. Under no circum- stances will an employee be permitted to waive primary recall if he/she has accepted secondary recall in a different bargaining unit from which he/she was initially laid off.

Related to Secondary Recall

  • Deliverables at Closing (a) At the Closing, Buyer shall deliver to the Company:

  • Conditions to the Obligation of the Company to Consummate the Closing The obligation of the Company to consummate the Closing and to issue and sell to the Investor the Shares to be purchased by it at the Closing is subject to the satisfaction of the following conditions precedent:

  • CONDITIONS TO THE PURCHASER’S OBLIGATION TO CLOSE The obligation of the Purchaser to acquire the Property shall be subject to the satisfaction of the following conditions precedent on and as of the Closing Date:

  • Conditions to The Purchaser’s Obligation to Purchase The obligation of the Purchaser hereunder to purchase the Note at the Closing is subject to the satisfaction, at or before the Closing Date of each of the following conditions, provided that these conditions are for the Purchaser’s sole benefit and may be waived by the Purchaser at any time in its sole discretion:

  • Authorization Purchase and Sale Terms of the Private Placement Warrants A. Authorization of the Private Placement Warrants. The Company has duly authorized the issuance and sale of the Private Placement Warrants to the Purchaser.

  • Conditions to the Closing Date The obligations of each Bank to make the Loans contemplated by subsections 2.1 and 2.2 and of the Issuing Bank to issue Letters of Credit contemplated by subsection 3.1 shall be subject to the compliance by the Company with its agreements herein contained and to the satisfaction, on or before October 1, 2004, of the following conditions:

  • Freedom to Trade in Company Securities The Rights Agent and any stockholder, director, officer or employee of the Rights Agent may buy, sell or deal in any of the Rights or other securities of the Company or become pecuniarily interested in any transaction in which the Company may be interested, or contract with or lend money to the Company or otherwise act as fully and freely as though it were not Rights Agent under this Agreement. Nothing herein shall preclude the Rights Agent from acting in any other capacity for the Company or for any other legal entity.

  • Second Closing The Company shall notify the Purchaser upon achievement of the Milestone. The second Closing Date shall be a Business Day within five (5) Business Days of notice from the Company of the Milestone. On the second Closing Date, upon the terms and subject to the conditions set forth herein, and upon satisfaction of the covenants and conditions set forth in Sections 2.2 and 2.3, the Company agrees to sell, and the Purchasers, severally and not jointly, agree to purchase, an aggregate of $7,500,000 of Shares, representing in the aggregate [—%] of the issued and outstanding shares of the Company on a Fully Diluted Basis as of the signing date of this Agreement (for this purpose only, not taking into account the issuances of Shares at the first Closing), whereby each Purchaser, severally and not jointly, agrees to purchase, the number of Shares as specified below such Purchaser’s name on the signature page of this Agreement to be purchased by it at the second Closing, representing the percentage of the issued and outstanding shares of the Company on a Fully Diluted Basis as specified below such Purchaser’s name on the signature page of this Agreement for the second Closing; provided, however, that, to the extent that a Purchaser determines, in its sole discretion, that such Purchaser (together with such Purchaser’s Affiliates, and any Person acting as a group together with such purchaser or any of such Purchaser’s Affiliates) would beneficially own in excess of the Beneficial Ownership Limitation, or as such Purchaser may otherwise choose, in lieu of purchasing Shares such Purchaser may elect to purchase Warrants in lieu of Shares in such manner to result in the same aggregate purchase price being paid by such Purchaser to the Company. Each Purchaser shall deliver to the Company via wire transfer, immediately available funds equal to such Purchaser’s Subscription Amount as set forth on the signature page hereto executed by such Purchaser, and the Company shall deliver to each Purchaser its respective Shares and the Company and each Purchaser shall deliver the other items set forth in Section 2.2 deliverable at the Closing. Upon satisfaction of the covenants and conditions set forth in Sections 2.2 and 2.3, the second Closing shall occur remotely via the exchange of documents and signature or such other location as the parties shall mutually agree.

Time is Money Join Law Insider Premium to draft better contracts faster.