Transitional scheme Clause Samples
A transitional scheme clause outlines the procedures and rules that apply when moving from an old system, contract, or set of regulations to a new one. It typically specifies which provisions of the previous arrangement will continue to apply during the transition period, and may set out timelines, exceptions, or special conditions for existing obligations or rights. This clause ensures a smooth and orderly changeover, minimizing confusion and legal uncertainty as parties adjust to the new framework.
Transitional scheme. 16.1 The following transitional provisions apply in connection with the replacement of the agreement of 20 November 2009 with this agreement:
a. Exceeded obligations for the period 2010 to 2012 may be transferred to the period 2013 and onwards. The transfer will be on the terms applying under the agreement of 20 November 2009, i.e. savings must be calculated according to the rules that applied when realisation of the savings was completed.
b. Any under coverage by the end of 2012, which may account for no more than 35% of a single year's saving obligation under the agreement of 20 November 2009, will be transferred to the subsequent agreement period. Realisation of unmet saving obligations for the 2010-2012 period, will be on the terms for including savings in calculations applying under this agreement.
c. Exceeded obligations may only be transferred to the extent that the savings have been calculated and reported to the Danish Energy Agency to meet the savings target in 2010-2012, pursuant to the rules that applied at the time of realisation. Savings that have not been reported for the period 2010 to 2012 may not be transferred.
d. Any exceeded obligations at the end of 2015 may be transferred to the subsequent period according to similar rules. Under coverage at the end of 2015 must be transferred similarly to the subsequent period.
Transitional scheme. The Optional Pay Account shall be put into force as follows: The Optional Pay Account shall be established with effect from 1 May 2007. The enterprise shall seek to provide the administrative conditions to establish the Optional Pay Account for individual employees as soon as possible. This shall be implemented by 2 January 2008. Before the Optional Pay Account is put into force, each employee shall notify the enterprise of the number of days off for holiday purposes not taken they want to be able to take at a later time during the holiday year and how many of those they decline and want to replace by a payment into the Optional Pay Account, cf. item 2(a) above. Similarly, they shall notify the enterprise of their choice regarding additional regular payment of pension contributions, cf. item (b) above. During the period from 1 May 2007 until the account is put into force, the enterprise shall pay on When the account is put into force, the following adjustments shall be made:
Transitional scheme. 1. When opting for the transitional scheme under article 5 no more collective adjustments of the fixed salary will take place. With effect from the date of the collective salary adjustment as referred to in article 5.4 of the CAO the variable salary percentage will be increased by at least the percentage referred to in article 5.4 of the CAO.
2. When opting for the transitional scheme no more individual increases of the fixed salary will take place. The percentage of the individual salary increase that employees would have been awarded subject to their annual performance assessment and the salary scale within grade according to the salary guideline, will be added to the variable salary percentage with effect from April 1 of the calendar year.
3. The exclusion of the CAO articles referred to in article 5 paragraph 2, as well as the transitional scheme referred to in paragraphs 1 and 2 of this article, will only apply as long as the nominal variable salary component does not amount to 43%. From the moment the employee’s nominal variable salary component amounts to 43%, the provisions laid down in article 5 paragraph 2 of the applicable CAO will once again apply in full.
Transitional scheme. If the employee has accrued extra holiday entitlement as of 1 May 2020, the employee may choose, by means of written notification before 1 June 2020 to the enterprise, to convert one or more of the extra holiday days in the period 1 May 2020 to 31 August 2021 to a deposit in the free-choice account rather than taking them as holiday. For extra holiday days for the period from 1 May 2020 to 31 August 2021, a total of 6.67 extra holiday days, applies that one extra holiday day can be converted to 0.375 per cent of the pay entitled to a holiday in the period from 1 May 2020 to 31 August 2021. If all 6.67 extra holiday days are converted to a deposit in the free-choice account, 2.5 per cent will thus be paid on an ongoing basis in the period from 1 May 2020 to 31 August 2021. Each year in May (from 2021), if the employee has accrued extra holiday entitlement as of 1 September, the employee may choose, by means of written notification to the enterprise, to convert one or more of the extra holiday days in the next holiday year to a deposit in the free-choice account rather than taking them as holiday. An extra holiday day can be converted into 0.5 per cent of the holiday entitlement pay. If all five extra holiday days are converted to a deposit in the free-choice account, 2.5 per cent will thus be paid on an ongoing basis within the holiday year. All savings deposits placed in the free-choice account include holiday pay as well as holiday allowance for the deposit even though they are paid as wages. Employees who are entitled to an occupational pension under the rules of the collective agreement when making their decision can inform the enterprise each year in May (from 2021) that all or part of the savings deposit to the free-choice account is to be paid into the pension scheme in the next holiday year (1 September – 31 August). In 2020 the choice must be made on 1 June at the latest and applies to the period from 1 May 2020 to 31 August 2021. The enterprise may set minimum limits for the deposit of monthly pension contributions of DKK 75. If the amount per month is less than this minimum contribution, the enterprise may decide to combine the contributions for two months. The deposit of extra pension contributions does not trigger an employer’s contribution for the deposit.