Transfer Rights. Subject to the provisions of Section 8 of this Warrant, this Warrant may be transferred on the books of the Company, in whole or in part, in person or by attorney, upon surrender of this Warrant properly completed and endorsed. This Warrant shall be canceled upon such surrender and, as soon as practicable thereafter, the person to whom such transfer is made shall be entitled to receive a new Warrant or Warrants as to the portion of this Warrant transferred, and Holder shall be entitled to receive a new Warrant as to the portion hereof retained.
Transfer Rights. The Human Resources Director will make every effort to transfer an employee who is to be affected by a reduction in force to another vacant position for which such employee may qualify. The length of eligibility for such transfer will be the period of notification as provided in Section 7.7.2, but no longer than the effective date of such layoff or reduction.
Transfer Rights. Developer may freely sell, transfer, exchange, hypothecate, encumber or otherwise dispose of its interest in the Property, without the consent of the City. Developer shall, however, give written notice to the City, in accordance with Section 15.1, of any transfer of the Property, disclosing in such notice
(a) the identity of the transferee of the Property (the “Property Transferee”) and (b) the address of the Property Transferee as applicable.
Transfer Rights. 1. If a District program (Even Start, ISP, Deaf and Hard of Hearing, Autism, etc.) is relocated from one school site to another, the licensed employee assigned to that program shall have the option of remaining with the program and transferring to the new location, provided the following conditions are met:
a. There are no reductions at the new site which would result in the involuntary transfer of a qualified individual willing to teach the new program.
b. All other contractual requirements are met.
c. The teacher shall remain at the original location if a transfer is not desired; assuming instructional program and seniority requirements are met.
2. Full-term teachers may be offered and may accept a teaching position that has been identified as a short-term position; however, they shall do so with the understanding that if that position is no longer available at the conclusion of the term of that position, then they will be placed on the must-hire list for reassignment into a position for which they are qualified elsewhere in the District.
a. Employees who work at a traditional calendar school cannot take a short-term position at an alternative calendar school and alternative calendar school employees cannot take a short- term position at a traditional calendar school.
b. Full-term employees who accept positions identified as short-term shall do so with the further understanding that they are waiving any rights to remain in the short-term assignment or at the location site regardless of their seniority or qualifications, beyond the stated length of the short-term assignment which shall be for the remainder of the school year.
c. These employees are free to pursue a voluntary transfer to another assignment prior to their being placed from the must-hire list.
Transfer Rights. (a) Each Principal Stockholder may transfer, in its sole discretion, all or any portion of its rights under this Agreement to any Transferee of its Registrable Securities, whereupon such Transferees shall become a party to this Agreement. Any such Transfer of registration rights will be effective upon receipt by the Registrant of (i) written notice from such Principal Stockholder stating the name and address of any Transferee and identifying the number of Registrable Securities with respect to which rights under this Agreement are being transferred and the nature of the rights so transferred, and (ii) a Joinder Agreement from such Person to be bound by the terms of this Agreement as a “Principal Stockholder” or “Other Holder,” as applicable. The Registrant and the transferring Principal Stockholder will notify the other Principal Stockholders as to who the Transferees are and the nature of the rights so transferred.
(b) In the event the Registrant engages in a merger or consolidation in which the Registrable Securities are converted into securities of another Registrant, appropriate arrangements will be made so that the registration rights provided under this Agreement continue to be provided to Holders by the issuer of such securities. To the extent such new issuer, or any other company acquired by the Registrant in a merger or consolidation, was bound by registration rights obligations that would conflict with the provisions of this Agreement, the Registrant will, unless Holders then holding a majority of the Registrable Securities otherwise agree, use its reasonable best efforts to modify any such “inherited” registration rights obligations so as not to interfere in any material respects with the rights provided under this Agreement.
(c) In the case of an in-kind distribution of Shares pursuant to Section 2.17 of this Agreement with an ability to resale Shares off of a shelf registration statement, such in-kind transferees will, as transferee Holders, be entitled to the rights under this Agreement applicable to the Shares so transferred. In that regard, however, in-kind transferees will not be given demand or piggyback rights; rather their means of registered resale will be limited to sales off a shelf with respect to which no special actions are required by the Registrant or the other Holders, and as to which no lockup will arise.
(d) In the event that the Registrant effects the separation of any portion of its business into one or more entities (each,...
Transfer Rights. In the event that an employee is upgraded or promoted to a higher classification pay scale, she/he shall be placed on the Step immediately above the Step that most closely reflects the employee's wage rate at the date of the promotion or upgrade. In no event will the employee be paid less than her/his pay rate at promotion or upgrade.
Transfer Rights. In the event the Company elects to expand/transfer its operations to a new location which results in a laying off of seniority employees, those employees who are permanently displaced as a result of such moving of operations may, within thirty (30) days, elect to be transferred to the new location and carry with them their seniority and seniority rights and be covered by the collective agreement in force at that location, where such agreement exists.
Transfer Rights. Subject to applicable law and the transfer restrictions set forth in Article VII of the bylaws of the Corporation (as such Bylaws may be amended from time to time, the “Bylaws”), shares of Common Stock and the rights and obligations associated therewith shall be fully transferable to any transferee.
Transfer Rights. Ref. Idaho Code § 33-5205(3)(o) & 33-1217 67
Transfer Rights. Bargaining unit members transferring to a new position shall be placed at the appropriate step in the classification into which they transfer based on their unit seniority. They shall suffer no loss of accrued seniority, vacation, or holiday benefits.
