Section General Provisions. (a) An employee with years or more of seniority or continuous service who has been laid off for reasons other than permanent plant closing and accepts employment under this Article at least miles from the plant from which he was laid off and who changes his permanent residence as a result thereof will receive a relocation reimbursement allowance under this Program promptly after the commencement of his employment at the plant to which he is relocated on the following terms:
Section General Provisions. No payment of Pension benefits shall commence until the Member has filed satisfactory proof of age with the Company. A Member who has named a joint annuitant shall also be required to provide satisfactory proof of age for such joint tant. If the amount of the retirement income or deferred retirement income payable to the participant is less than two (2%) per cent of the in the year of termination or retirement, or such other amount as may be permitted in accordance with the Pension Benefits Act time to time, the participant may receive a lump sum payment equal to the amount required to provide such benefit or the actuarial equivalent thereof quarterly, semi-annual or annual payments, at the sole discretion of the Company. Nothing in this Agreement shall be taken to mean that any change will be made in benefits paid or in the process of payment to employees (or their heirs and assigns) who terminated, died or retired on or before December 1973). Benefits under the Plan shall not be subject to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance or charge or to attachment or legal process for debts of the person receiving such benefits. The Company shall provide the Union with the following in respect of employees who are Members:
Section General Provisions. No failure on the part of the Lender to exercise, and no delay in exercising, any right, power or remedy hereunder shall operate as a waiver thereof, nor shall any single or partial exercise by the Lender of any right, power or remedy hereunder preclude any other or future exercise thereof, or the exercise of any other right, power or remedy. The representations, covenants and agreements of the Pledgor herein contained shall survive the date hereof. No amendment or waiver of any provision of this Pledge Agreement nor consent to any departure by the Pledgor herefrom nor release of all or any part of the Collateral shall in any event be effective unless the same shall be in writing, signed by the party against whom enforcement of such amendment, waiver, consent, departure or release is sought. Any such waiver or consent or release shall be effective only in the specific instance and for the specific purpose for which it is given. Except as expressly otherwise provided herein, all notices, requests and demands to or upon the respective parties hereto to be effective shall be in writing, and shall be deemed to have been duly given or made when delivered by hand, or one business day after being sent by overnight mail, or when received if sent by certified mail, postage prepaid, return receipt requested addressed as follows, or to such other address as may be hereafter notified by the respective parties hereto: The Lender: Citicorp Real Estate, Inc. 000 Xxxxxxxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attn: CitiMae Conduit (MC-2) The Pledgor: c/o Grove Property Trust 000 Xxxxxx Xxxxxx Xxxxxxxx, Xxxxxxxxxxx 00000 Attn: Xx. Xxxxxx X. LaBrosse provided that any notice, request or demand to or upon the Lender shall not be effective until actually received. Pledgor hereby consents to the non-exclusive jurisdiction of the Supreme Court of the State of New York for New York County and the United States District Court for the Southern District of New York with respect to any suit, claim, action or proceeding arising out of or related to this Pledge Agreement or the transactions contemplated hereby and hereby waives any objection which it may have now or hereafter to the venue of any suit, claim, action or proceeding arising out of or related to this Pledge Agreement or the transactions contemplated hereby and brought in the courts specified above and also hereby waives any claim that any such suit, claim, action or proceeding has been brought in an inconvenient for...
Section General Provisions a. An employee, after qualifying for a vacation and upon giving notice of not less than thirty (30) days, shall be given vacation pay before starting vacation. The vacation period of each qualified employee shall be set with due regard to the desire, seniority and preference of employees consistent with the efficient operation of the Company’s business. The Company will not be required to permit more than of its regular employees to be off on vacation at the same time. Vacation period to start on completion of employee’s normal workweek and end on the first day of his normal workweek on the completion of his vacation. Vacation time off will be posted for bid in January of each year under the conditions outlined below: Seniority shall prevail in the selection of vacation period subject to subsectionb above. Employees with two (2) or more weeks of vacation may split the vacation period into no less than one (1) week increments. Employees who elect to split their vacations shall be paid for each segment as taken. Employees who elect to split their vacation must bid all segments. In the event an employee elects to split accrued vacation, such employee shall not be allowed to exercise seniority for selection of vacation time beyond his first choice until such time as all other affected employees have had the opportunity to select their first choice and continuing in manner until all split vacations have been selected. In addition, employees may elect to schedule up to one (1) week of accrued vacation in increments of one (1) day or a combination thereof, subject to the following:
Section General Provisions. Company and the Union agree with the Principle that those with greatest seniority shall be given preference in promotions and that those with least seniority shall be the first to be demoted or reassigned PROVIDING that in either case, the employee or employees involved possess the ability and the desire to do the work required.
Section General Provisions. (I) The Company and the Union agree with the Principle that those with greatest seniority shall be preference in promotions and that those with least seniority shall be the first to be demoted or reassigned PROVIDING that in either case, the employee or employees involved possess the ability and the desire to do the work required. Fundamentally, rules respecting seniority are designed to give employees an equitable measure of job security based on length of service with the Company and subject to the provisions of the Collective Agreement. The Company agrees that, during the term of this Agreement, employees will not be permitted to resign for the express purpose of being reinstated in a job to which they would not ordinarily be eligible. There shall be two Seniority Lists as follows:
Section General Provisions a. An employee, qualifying for a upon giving notice of not less than thirty (30) days shall be given vacation pay before starting vacation. The vacation period of each qualified employee shall be set with due regard to the desire, seniority and preference of employees consistent with the efficient operation of the Company's business. Company will not be required to permit more of regular employees to be off on vacation at the same time. Vacation period to start on completion of normal work The week end on the first day of his work week on the completion of his vacation. Vacation time off will be posted for bid in January of each year under the conditions outlined below: Seniority shall prevail in the selection of vacation period subject to subsection b above. Employees with two or more weeks of earned vacation may split the vacation period into no less than one week increments. Employees who elect to split their vacations shall be paid for each segment as taken. Employees who elect to split their vacation must bid all segments. In the event an employee elects to split accrued vacation, such employee shall not be allowed to exercise seniority for selection of vacation time beyond his first choice until such time as all other affected employees have had the opportunity to select their first choice and continuing in this manner until all split vacations have been selected.
Section General Provisions. Neither the establishment of this Plan nor the making of contributions by the Company nor any action of the Company or the Funding Agency shall be held or construed to confer upon any person any right to be continued as an Employee of the Company. All Members shall be subject to discharge to the same extent as if this Plan had never been adopted, and the Company expressly reserves the right to discharge any Employee without any liability on the part of the Company, or the Funding Agency except as provided herein. The Company shall provide each Member with a written explanation of the terms and conditions of the Plan and amendments thereto applicable to him, together with an explanation of the rights and duties of the Member with reference to the benefits available to him under the terms of the Plan, and such other information as may be prescribed by the regulations made pursuant to the Pension Benefits Act. If the Company receives evidence that (a) a person entitled to receive any payments under the Plan is physically or mentally incompetent to receive such payment and to give a valid release therefor and another person or an institution is then maintaining or has custody of such person and no guardian, committee or other representative of such person has been duly appointed by a court of competent jurisdiction, the payments may be made to such other person or institution and shall be a valid and complete discharge of all liability for the payment. No payment of pension benefits shall commence until the Member has filed satisfactory proof of age with the Company. A Member who has named a joint annuitant shall also be required to provide satisfactory proof of age for such joint If the amount of the retirement income or deferred retirement income payable to the Member is less than a month, or such other amount as may be permitted from time to time in accordance with the Pension Benefits Act and the rules and regulations of the Department of National Revenue, the Member may receive the Actuarial Equivalent thereof in quarterly, semi-annual or annual payments, or the commuted value thereof in a lump sum, at the sole discretion of the Company. Wherever the records of the Company are used for the purposes of this Plan, such records shall be conclusive of the facts with which they are concerned. No benefit which shall be payable under the Plan to any person shall be subject in any to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance or cha...
Section General Provisions
