Transfer Protection. (a) If during the Price Protection Period the Purchaser or any Affiliate or any Person acting jointly and in concert with the Purchaser Transfers any Units for consideration in excess of the Purchase Price, within five Business Days after the completion of the Transfer the Purchaser shall pay to the Vendor in respect of each Transferred Unit the amount by which the consideration received for each Transferred Unit exceeds the Purchase Price. The obligations under this Section 2.4 shall be repeated with respect to each Transfer of Units during the Price Protection Period but, except as provided below, only until the Purchaser or its Affiliates or Persons acting jointly or in concert with the Purchaser has Transferred Units equal in number to the number of Purchased Units for consideration in excess of the Purchase Price.
Transfer Protection i) Board Initiated Transfers Where the Board initiates by way of directing a transfer of a principal or vice- principal from the current position to a different position which position generates a lower salary than the current position, the following protections shall apply:
Transfer Protection. Board Initiated Transfers Where the Board initiates by way of directing a transfer of a principal or vice- principal from the current position to a different position which position generates a lower salary than the current position, the following protections shall apply: Trails Teachers Collective Agreement v
Transfer Protection
