STATEMENT OF PRINCIPLES AND INTENT Clause Samples

STATEMENT OF PRINCIPLES AND INTENT. The parties have entered into this Model Collective Agreement to help them find better ways of working together to meet the Customers’ expectations of a quality product at a competitive price so as to improve the profitability of the Company and thus improving job security for all employees. In entering into this Agreement, the Company and the Union understand and respect the roles each must play in a collective bargaining relationship. Specifically, the parties recognize that labour legislation mandates that the parties must bargain in good faith to reach a mutually satisfactory collective agreement. The Company and the Union recognize that ongoing communication and respect for each other’s role will lead to joint solutions and ultimately promote long term job security for employees. It is for these reasons, both the Company and the Union are looking to achieve a relationship based on the following principles and ultimately promote long-term job security for employees:
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STATEMENT OF PRINCIPLES AND INTENT. Firan Technology Group, Circuits Division, is actively developing a culture of continuous improvement based on teamwork and interdependence between key groups such as Management, Staff, Union Leaders, Union Representatives, Operators, Mechanics, Shareholders, Suppliers, and of course, FTG’s Customers.
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STATEMENT OF PRINCIPLES AND INTENT. The intent of the Company and Union in entering into this agreement is to develop a better way of achieving harmonious and mutually supportive relationship between the Company, Employees and the Union which will keep the Company in a strong, competitive market position while creating long term job security and a reasonable standard of living for Employees.
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STATEMENT OF PRINCIPLES AND INTENT. Firan Technology Group, Aerospace Division, is actively developing a culture of continuous improvement based on teamwork and interdependence between key groups such as Management, Staff, Union Leaders, Union Representatives, employees, Shareholders, Suppliers, and of course, FTG’s Customers.
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STATEMENT OF PRINCIPLES AND INTENT. World is actively developing a culture of continuous improvement based on teamwork and interdependence between key groups such as Management, Staff, Union Leaders, Union Representatives, Operators, Mechanics, Shareholders, Suppliers, and of course, World’s Customers. Consequently, World wishes to integrate the presence of the Union Representatives to the success of its operations. It is World’s objective to value the role of its Union Representatives since their responsibility is to voice the opinions of World’s “internal customers”. It is World’s vision that employees in the bargaining unit are internal customers since they are being given the responsibility to satisfy customer’s expectations and only with their desire to succeed, World will become a continuous improvement organization. By considering employees in the bargaining unit as internal customers, World is recognizing the necessity to quickly address employee’s needs in order for them to quickly address customer’s needs, World wishes to build teamwork and cooperation between all employees as we strive to become the “First Choice” in the circuit board industry. World desires to create employee satisfaction, as it believes that it is necessary to achieve outstanding customer satisfaction. Therefore, employees are invited to constantly identify needs for improvement, whether those needs are related to the administration of this Collective Agreement or to any potential need identified for greater customer satisfaction or reduction of costs. It is World’s objective to always welcome an idea, an opinion or a suggestion identified by an employee when this is to create a positive impact on employee or customer satisfaction. World desires to optimize the contribution of its employees, as it believes that continuous improvement will come from continuous learning, involvement and a strong desire to achieve superior quality and outstanding customer satisfaction. World is saying to its employees, “we are in business together”, and this is why World invites all members of the bargaining unit to participate in the development of their Company. The general purpose of this agreement is to an collective bargaining relationship between World and the Union, to secure and fair disposition of grievances, and to prevent interruptions of work and interference with the efficient operations of World’s business, consistent with the terms of this Collective Agreement. World and the Union agree that in the exercise of their ...
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STATEMENT OF PRINCIPLES AND INTENT. The parties have entered into this Model Collective Agreement to help them find better ways of working together to meet the Customers’ expectations of a quality product at a competitive price so as to improve the profitability of the Company and thus improvingjob security for all employees. In entering into this Agreement, the Company and the Union understand and respect the roles each must play in a collective bargaining relationship. Specifically, the parties recognize that labour legislation mandates that the parties must bargain in good faith to reach a mutually satisfactory collective agreement. The Company and the Union recognize that ongoing communication and respect for each other's role will lead to joint solutions and ultimately promote long term job security for employees. It is for these reasons, both the Company and the Union are looking to achieve a relationship based on the following principles and ultimately promote long-term job security for employees: The Company is recognized as a separate profit centre. The future of the Company is dependent on it achieving and maintaining an acceptable return on investment. The job of management and employees is to ensure that quality, delivery, and a competitive price must be a priority to achieve job security. The parties further recognize that the best way to achieve job security is by having management and employees working together in harmony to meet the customers' expectations. The Union recognizes that the Magna Corporate Constitution has been a key element in the Company's success. This Agreement will be interpreted in accordance with the principles of the Magna Employee's Charter which are as follows:
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STATEMENT OF PRINCIPLES AND INTENT. Magna International Inc. and CAW recognize that dramatic changes in the automotive industry have created new quality, productivity and competitive challenges for the automotive component supplier. Both ▇▇▇▇▇ and the CAW know these challenges will be met more effectively through a relationship that is more positive, cooperative and committed to the values expressed in Magna’s Employee’s Charter and Corporate Constitution and the CAW Constitution. These principles include: increased job security a safe and healthful workplace fair treatment for all employees competitive wages and benefits employee equity and profit participation consistent sharing of information and communication participatory democracy joint commitment to continuous improvement of quality, productivity and overall competitiveness joint commitment to balancing the interests of customers, shareholders, workers and society Consistent with these principles, the CAW and ▇▇▇▇▇ will work together to ensure that they provide a fulfilling working environment where employees maintain their dignity and self respect and where they participate in the decision making process that affects their lives. Employees’ influence will be voiced through an open door process that provides them with open access to management to express their views and concerns about the business and terms and conditions of employment, as well as providing a problem-solving system that ensures fairness and the fastest possible resolution of concerns. Fundamental to this principle of employee participation, is the responsibility of each Employee to take ownership for pursuing the resolution of any concern they may have through the Concern Resolution Process set out in this Agreement. A commitment to mutual trust and openness will also include sharing of information, with disclosure of publicly available and/or locally disclosed business and financial information. Access to information with a corresponding dedication to the development of every employee by increasing skills and knowledge will produce individuals who take an active role in, and have responsibility for, providing “a better product for a better price”. The involvement of employees by taking ownership, responsibility, and accountability is necessary for the success of their division and the corporation as a whole, and can best be achieved through providing employees with the opportunity to have meaningful input into job improvements, sourcing and contracting decisions. Thi...
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Related to STATEMENT OF PRINCIPLES AND INTENT

  • Statement of Principles The Employer and the Union agree that there shall be no discrimination by the Employer or the Union against employees because of race, color, creed, religion, national origin, sex, age, or marital status. In addition, consistent with the other provisions of this Agreement, there shall be no unlawful discrimination against employees, as prohibited by the Rehabili- tation Act of 1973 or the Vietnam Era Veterans’ Readjustment Assistance Act of 1974.

  • Statement of Principle The parties acknowledge the following provisions are to protect the rights of employees during pregnancy and on their return to employment following parental leave.

  • Interpretation of principal and interest Any reference in these Terms and Conditions to principal in respect of the Notes shall be deemed to include, as applicable: (i) any additional amounts which may be payable with respect to principal under Condition 7 or pursuant to any undertakings given in addition thereto or in substitution therefor under Condition 14; (ii) the Final Redemption Amount of the Notes; (iii) the Early Redemption Amount of the Notes; (iv) the Optional Redemption Amount(s) (if any) of the Notes; (v) in relation to Zero Coupon Notes, the Amortised Face Amount (as defined in Condition 6(i)(iii)); and (vi) any premium and any other amounts (other than interest) which may be payable by the Issuer under or in respect of the Notes. Any reference in these Terms and Conditions to interest in respect of the Notes shall be deemed to include, as applicable, any additional amounts which may be payable with respect to interest under Condition 7 or pursuant to any undertakings given in addition thereto or in substitution therefor under Condition 14, except as provided in sub-paragraph (i) above.

  • Preparation of Pricing Supplement If any offer to purchase a Note is accepted by the Company, the Company will promptly prepare a Pricing Supplement reflecting the terms of such Note. Information to be included in the Pricing Supplement shall include:

  • Amendment and Restatement of Prior Agreement The Prior Agreement is hereby amended in its entirety and restated herein. Such amendment and restatement is effective upon the execution of this Agreement by the Company and the holders of a majority of the Prior Preferred Stock held by the Prior Investors outstanding as of the date of this Agreement. Upon such execution, all provisions of, rights granted and covenants made in the Prior Agreement are hereby waived, released and superseded in their entirety and shall have no further force or effect, including, without limitation, all rights of first refusal and any notice period associated therewith otherwise applicable to the transactions contemplated by the Purchase Agreement.