SURPLUS TRANSFER Sample Clauses

SURPLUS TRANSFER. (a) Should an employee's job be declared surplus, the Company will make every effort to place such employees in a classification carrying a comparative wage rate. If this cannot be done, such employee, will be red circled at the former classification wage rate or subject to possession of necessary skills, ability and seniority, shall be entitled to exercise bumping privileges as per Article 13.
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SURPLUS TRANSFER. (a) Should skilled employees' job be declared surplus, the Commission will make every effort to place such employees in a skilled classification carrying a comparative wage rate; but if this cannot be done, such skilled employees, subject to possession of necessary skills, ability and seniority, shall be entitled to exercise bumping privileges in a semi-skilled classification, failing which the employees shall be entitled to exercise bumping privileges in a non-skilled classification. Should semi-skilled employees' jobs be declared surplus, the Commission will make every effort to place such employees in a semi-skilled classification carrying a comparative wage rate failing which they shall be entitled to exercise bumping privileges in a non-skilled classification. An employee who exercises bumping privileges into a non-skilled classification will receive the wage rate of the employee they replaced plus fifteen cents per hour for the first year, ten cents per hour for the second year, five cents per hour for the third year and thereafter the classification rate. It is expressly understood that no such employee will, by the application of this formula, be entitled to receive more than their former wage rate. Employees surplus transferred in accordance with the above shall be afforded the opportunity of returning to their former department, if a vacancy occurs within two years from date of transfer. Seniority will be the deciding factor in all returns provided employees are capable of performing their duties. An employee temporarily assigned to the following classifications for a period of two hours or more, shall be paid the rate of the classification while in that capacity: Xxxxxxx, Senior Clerk, Head Cashier, Lead Technologist, Technologist, Technician and Meter Reader Systems Operator. An employee temporarily assigned to classification of a Supervisory position for a period of two hours or more shall be paid an hourly rate of above the highest rate they supervise while acting in that capacity. NEW During the absence of an employee in the classification of "Leader" and/or Sub Xxxxxxx, (for reasons including but not limited to illness, injury, vacation, bereavement and/or training), the most senior fully qualified (as defined by this Agreement) on the crew or in the Department, shall fill this vacancy. The employee shall be paid at the Foremans' rate of pay for the period of such appointment. Should an employee transfer to Senior Credit Clerk or Head Cashi...
SURPLUS TRANSFER. As a result of a staffing reorganization, an employee may be designated surplus and subject to transfer.
SURPLUS TRANSFER. Should an employee's job be declared surplus, the will make every effort to place such employees in a a comparative wage rate: but this cannot be done, such employees, subject to possession of necessary skills, ability and seniority, shall be entitled to exercise bumping privileges An employee who exercises bumping privileges a lesser skilled classification will receive the wage rate of the employee they replaced plus fifteen (15) cents per hour for the first year, ten (10) cents per hour for the second year, five (5) cents per hour for the third year and thereafter the classificationrate. It is expressly understood that no such employee by the applicationof this formula, be entitled to receive than their former wage rate. Employees surplus transferred in accordance with the above shall be afforded the opportunity of returning to their former department, if a vacancy occurs within two (2) years from date of transfer. Seniority will be the deciding factor in all returns provided employees are capable of performing the required duties.
SURPLUS TRANSFER. Should skilled employees' job be declared surplus, the Commission will make every effort to place such employees in a skilled classification carrying a comparative wage rate; but if this cannot be done, such skilled employees, subject to possession of necessary skills, ability and seniority, shall be entitled to exercise bumping privileges in a semi-skilled classification, failing which the employees shall be entitled to exercise bumping privileges in a non-skilled classification. Should semi-skilled employees' jobs be declared surplus, the Commission will make every effort to place such employees in a semi-skilled classification carrying a comparative wage rate failing which they shall be entitled to exercise bumping privileges in a non-skilled classification. An employee who exercises bumping privileges into a non-skilled classification will receive the wage rate of the employee they replaced plus fifteen 5) cents per hour for the first year, ten (10) cents per hour for the second year, five cents per hour for the third year and thereafter the classification rate. It is expressly understood that no such employee will, by the application of this formula, be entitled to receive more than their former wage rate. Employees surplus transferred in accordance with the above shall be afforded the opportunity of returning to their former department, if a vacancy occurs within two (2)years from date of transfer. Seniority will be the deciding factor in all returns provided employees are capable of performing their duties. ARTICLE FOR
SURPLUS TRANSFER i. An employee who may be subject to a surplus transfer at the end of a school year shall be informed of the recommendation at a meeting with the appropriate Board official and a representative of the Association.
SURPLUS TRANSFER. (a) Should an employee's job be declared surplus, the Company will make every effort to place such employees in a classification carrying a comparative wage rate. If this cannot be done, such employee, will be red circled at the former classification wage rate or subject to possession of necessary skills, ability and seniority, shall be entitled to exercise bumping privileges as per Article An employee who exercises bumping privileges into a lower paid classificationwill receive the wage rate of that classification. Employees surplus transferred in accordance with the above shall be afforded the opportunity of returning to their former department, if a vacancy occurs within two (2) years from date of transfer. Seniority will be the deciding factor in all returns provided employees are capable of performing the required duties. Still, the employee may be required to serve a familiarization period of one (1) month upon return and may, subsequent to acceptance in the position, be required to upgrade their skills in the position.
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Related to SURPLUS TRANSFER

  • Data Transfer 11.1 The Processor may not transfer or authorize the transfer of Data to countries outside the EU and/or the European Economic Area (EEA) without the prior written consent of the Company. If personal data processed under this Agreement is transferred from a country within the European Economic Area to a country outside the European Economic Area, the Parties shall ensure that the personal data are adequately protected. To achieve this, the Parties shall, unless agreed otherwise, rely on EU approved standard contractual clauses for the transfer of personal data.

  • Transfer Upon Realization of Pledged, Mortgaged or Charged Escrow Securities (1) You may transfer within escrow to a financial institution the escrow securities you have pledged, mortgaged or charged under section 4.2 to that financial institution as collateral for a loan on realization of the loan.

  • ACH & Wire Transfers If we provide the service, you may initiate or receive credits or debits to your account through wire or ACH transfer. You agree that if you receive funds by a wire or ACH transfer, we are not required to notify you at the time the funds are received. Instead, the transfer will be shown on your periodic statement. We may provisionally credit your account for an ACH transfer before we receive final settlement. We may reverse the provisional credit or you will refund us the amount if we do not receive final settlement. When you initiate a wire transfer, you may identify either the recipient or any financial institution by name and by account or identifying number. The Credit Union (and other institutions) may rely on the account or other identifying number as the proper identification even if it identifies a different party or institution.

  • Transfer Subject to Section 6(b)(ii), neither this Agreement nor any interest or obligation in or under this Agreement may be transferred (whether by way of security or otherwise) by either party without the prior written consent of the other party, except that:—

  • Wire Transfers Coordinate and implement bank-to-bank wire transfers in connection with Series share purchases and redemptions by Institutions;

  • Charge / Transfer k. If the separate document of title or strata title for the Property has been issued whether before on or after the date of auction sale, the Assignee shall not be required to procure a Memorandum of Transfer nor to register its charge as prescribed by the National Land Code 1965 or Sarawak Land Code or the Land Ordinance Cap. 68 of the Laws of Sabah (where applicable) in favour of the Purchaser from the Developer and/or Proprietor (as the case may be).

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