STATEMENT OF PRINCIPLES AND INTENT Sample Clauses

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.
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.
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:
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 ...
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 Xxxxx 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 Xxxxx 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...
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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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.

  • Preparation of Pricing Supplements The Corporation will prepare, with respect to any Notes to be sold through or to an Agent pursuant to this Agreement, a Pricing Supplement with respect to such Notes in a form previously approved by the Agents and will file such Pricing Supplement with the SEC pursuant to Rule 424(b) under the 1933 Act not later than the close of business on the second business day after the date on which such Pricing Supplement is first used.

  • Interpretation of principal and interest Any reference in the Conditions to principal in respect of the Notes shall be deemed to include, as applicable: (a) the Final Redemption Amount of the Notes; (b) the Early Redemption Amount of the Notes;

  • Preparation of Pricing Supplement If any offer to purchase a Security is accepted by or on behalf of the Company, the Company will provide a Pricing Supplement reflecting the terms of such Security and will have filed such Pricing Supplement with the Commission in accordance with the applicable paragraph of Rule 424(b) under the Act. The Company shall use its reasonable best efforts to send such Pricing Supplement by email or telecopy to the Agents and the Trustee by 6:00 p.m. (New York City Time) on the applicable Trade Day. The Agents shall use their reasonable best efforts to send such Pricing Supplement and the Prospectus by email or telecopy or overnight express (for delivery by the close of business on the applicable Trade Day, but in no event later than 11:00 a.m. New York City time, on the Business Day following the applicable Trade Date) to each Agent which made or presented the offer to purchase the applicable Security and the Trustee at the following applicable address: if to Xxxxxxxx & Xxxxxx Corporation, to: Xxxxxxxx & Ilsley Corporation 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000 Attention: Corporate Treasury Telephone: (000) 000-0000 Telecopier: (000) 000-0000 if to Xxxxxxx Xxxxx to: Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated Attn: MTN Product Management 4 World Financial Center, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 if to Citi Citigroup Global Markets, Inc. Attn: Transaction Execution Group 000 Xxxxxxxxx Xx., 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 if to Xxxxxx Xxxxx Xxxxxx X. Xxxxx & Co., L.P. 00000 Xxxxxxxxxx Xxxx Xx. Xxxxx, Xxxxxxxx 00000 Attention: Legal Department Telephone: (000) 000-0000 Telecopier: (000) 000-0000 if to InCapital to: InCapital LLC Attn: [DEPARTMENT] [ADDRESS] [CITY, STATE, ZIP] Telephone: [NUMBER] Telecopier: [NUMBER] If to Xxxxxx Xxxxxxx, to: Xxxxxx Xxxxxxx & Co. Incorporated Attn: Investment Banking Division 0000 Xxxxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Telephone: (000) 000-0000 Telecopier: (000) 000-0000 If to UBS Securities LLC, to: UBS Securities LLC 000 Xxxxxx Xxxxxxxxx 0xx Xxxxx Xxxxxxxxx, Xxx Xxxxxx 00000-0000 Attn: Corporate Bond Trading Telecopier: (000) 000-0000 With a copy to: Xxxxxx XxXxxx Telecopier: (000) 000-0000 Email: xxxxxx.xxxxxx@xxx.xxx If to Wachovia Securities, to: Wachovia Capital Markets, LLC Attn: Transaction Management Group 000 X. Xxxxxxx Xx., XX000 Xxxxxxxxx, Xxxxx Xxxxxxxx 00000-0000 and if to the Trustee, to: The Bank of New York 000 Xxxxxxx Xxxxxx 8W New York, NY 10286 Attention: Corporate Trust Department For record keeping purposes, one copy of each Pricing Supplement, as so filed, shall also be mailed or telecopied to: Xxxxx Xxxxx LLP 00 Xxxxx Xxxxxx Xxxxx Chicago, Illinois 60606 Attention: Xxxxxx X. Best, Esq. Telephone: (000) 000-0000 Telecopier: (000) 000-0000 Each such Agent, in turn, pursuant to the terms of the Selling Agent Agreement, will cause to be timely delivered a copy of the Prospectus and the applicable Pricing Supplement to each purchaser of Securities from such Agent. Outdated Pricing Supplements and the Prospectuses to which they are attached (other than those retained for files) will be destroyed by those in possession thereof. Delivery of Confirmation and Prospectus to Purchaser by Presenting Agent: The Agents will deliver a Prospectus and Pricing Supplement herein described with respect to each Security sold by it. For each offer to purchase a Security accepted by or on behalf of the Company, the appropriate Agent will deliver to investors purchasing the Securities the Prospectus (including the Pricing Supplement) in relation to such Securities prior to or simultaneously with delivery of the confirmation of sale or delivery of the Security.

  • Amendment and Restatement of Prior Agreement The Prior Agreement is hereby amended and restated in its entirety as set forth herein. Such amendment and restatement is effective upon the execution of this Agreement on the date hereof by the Company and certain of the Prior Investors who are party hereto, pursuant to Section 5.5 of the Prior 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.

  • Incorporation of Prior Agreements; Modifications This Lease is the only agreement between the parties pertaining to the lease of the Property and no other agreements are effective. All amendments to this Lease shall be in writing and signed by all parties. Any other attempted amendment shall be void.

  • Payment of Principal Premium, if any, and Interest; ---------------------------------------------------- Interest on Overdue Principal and Premium, if any; Principal, Premium and ------------------------------------------------------------------------- Interest Rights Preserved. (a) The Notes shall accrue interest as provided in -------------------------- the form of the Note attached to the related Series Supplement which shall be substantially in the form of a Note set forth in Exhibit B hereto, at the applicable Note Interest Rate specified therein, and such interest shall be payable on each Payment Date as specified therein. Any installment of interest, principal or premium, if any, payable on any Note which is punctually paid or duly provided for by the Note Issuer on the applicable Payment Date shall be paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered on the Record Date for such Payment Date, by check mailed first- class, postage prepaid to such Person's address as it appears on the Note Register on such Record Date or in such other manner as may be provided in the related Series Supplement, except that with respect to Notes registered on the Record Date in the name of the Certificate Trustee payments will be made by wire transfer in immediately available funds to the account designated by the Certificate Trustee and except for the final installment of principal and premium, if any, payable with respect to such Note on a Payment Date which shall be payable as provided below. The funds represented by any such checks returned undelivered shall be held in accordance with Section 3.03 hereof. (b) The principal of each Note of each Series (and, if applicable, Class) shall be payable in installments on each Payment Date specified in the form of a Note attached to the related Series Supplement in the form of a Note set forth in Exhibit B hereto. Notwithstanding the foregoing, the entire unpaid principal amount of the Notes of a Series shall be due and payable, if not previously paid, on the date on which an Event of Default shall have occurred and be continuing with respect to such Series, if the Note Trustee or the Holders of the Notes representing not less than a majority of the Outstanding Amount of the Notes of all Series have declared the Notes to be immediately due and payable in the manner provided in Section 5.02. All payments of principal and premium, if any, on the Notes of any Series shall be made pro rata to the Noteholders entitled thereto. The Note Trustee shall notify the Person in whose name a Note is registered at the close of business on the Record Date preceding the Payment Date on which the Note Issuer expects that the final installment of principal of and premium, if any, and interest on such Note will be paid. Such notice shall be mailed no later than five days prior to such final Payment Date and shall specify that such final installment will be payable only upon presentation and surrender of such Note and shall specify the place where such Note may be presented and surrendered for payment of such installment. Notices in connection with redemptions of Notes shall be mailed to Noteholders as provided in Section 10.02. (c) If the Note Issuer defaults in a payment of interest on the Notes of any Series when due, the Note Issuer shall pay such defaulted interest (plus interest on such defaulted interest at the applicable Note Interest Rate to the extent lawful). The Note Issuer may pay such defaulted interest (plus interest on such defaulted interest) to the Persons who are Noteholders on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Note Issuer shall fix or cause to be fixed any such special record date and payment date, and, at least 20 days before any such special record date, the Note Issuer shall mail to each affected Noteholder a notice that states the special record date, the payment date and the amount of defaulted interest (plus interest on such defaulted interest) to be paid.

  • Incorporation of Prior Agreements; Amendments This Lease contains all agreements of the parties with respect to any matter mentioned herein. No prior agreement or understanding pertaining to any such matter shall be effective. This Lease may be modified in writing only, signed by the parties in interest at the time of the modification. Except as otherwise stated in this Lease, Lessee hereby acknowledges that neither the real estate broker listed in Paragraph 15 hereof nor any cooperating broker on this transaction nor the Lessor or any employees or agents of any of said persons has made any oral or written warranties or representations to Lessee relative to the condition or use by Lessee of said Premises and Lessee acknowledges that Lessee assumes all responsibility regarding the Occupational Safety Health Act, the legal use and adaptability of the Premises and the compliance thereof with all applicable laws and regulations in effect during the term of this Lease except as otherwise specifically stated in this Lease.

  • Repayment of Principal Except as otherwise provided herein, the Company will repay the outstanding principal amount of this Note within fourteen (14) Business Days of the Offering Funding Date (the “Maturity Date”). This Note does not bear interest. At the option of the Lender, funds available for repayment of the loan may be held in a Company account, interest free, after the Maturity Date. Such funds shall not be used or otherwise pledged until such time as the Company and Lender have entered into another note.

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