Treatment of Surplus Notice Sample Clauses

Treatment of Surplus Notice. During Leaves of Absence or Temporary Assignments 27.3.12.1.1 Where the employee’s position is declared surplus while the employee is away on a sick leave (STSP, LTIP or WSIB), the ministry shall notify the employee that his or her position has been declared surplus and that, when the employee returns to work, the surplus notice shall be issued. 27.3.12.1.2 Where the employee’s position is declared surplus while the employee is away on a leave of absence, the ministry shall notify the employee that his or her position has been declared surplus and inform the employee of the option to: (a) return early from the leave of absence and receive the surplus notice at that time; or (b) return at the end of the leave and receive the surplus notice at that time. 27.3.12.1.3 Where the employee’s position is declared surplus while the employee is on a temporary assignment or secondment within the OPS, the home ministry has the option of: (a) returning the employee to his or her home position and issuing the surplus notice at that time; or (b) giving the employee the surplus notice and allowing the employee to remain on temporary assignment until directly assigned into a permanent vacancy, the temporary assignment ends, or the notice period expires, whichever occurs first.
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Related to Treatment of Surplus Notice

  • Waiver of Liquidation Distributions; Redemption Rights In connection with the Shares purchased pursuant to this Agreement, the Subscriber hereby waives any and all right, title, interest or claim of any kind in or to any distributions by the Company from the trust account which will be established for the benefit of the Company’s public stockholders and into which substantially all of the proceeds of the IPO will be deposited (the “Trust Account”), in the event of a liquidation of the Company upon the Company’s failure to timely complete an initial business combination. For purposes of clarity, in the event the Subscriber purchases Shares in the IPO or in the aftermarket, any additional Shares so purchased shall be eligible to receive any liquidating distributions by the Company. However, in no event will the Subscriber have the right to redeem any Shares into funds held in the Trust Account upon the successful completion of an initial business combination.

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