Work Force Adjustment (Surplus Sample Clauses

Work Force Adjustment (Surplus. Whenever, in the judgment of the Company, a surplus of employees within the AT&T Project exists in a job title, all employees within the same job title shall be offered in order of seniority, assignments to available jobs for which they are qualified, as outlined below. (The Company and the Union will determine the appropriate group to be adjusted.) a. A voluntary lateral reassignment to an equal paying job title within the AT&T Project within a commutable distance. b. A voluntary lateral reassignment to an equal paying job title within the AT&T Project outside a commutable distance. c. A voluntary lateral reassignment to an equal paying job within the Company. d. A voluntary reassignment to a lower paying job title within the AT&T Project within a commutable distance. e. A voluntary reassignment to a lower paying job title within the Company. If such reassignment should require employees to relocate their residence as a result of transfers involved with force redistribution, they will be eligible for moving expense reimbursement according to Xxxxxxx Controls, Inc. (AT&T Project) Relocation Policy. The provisions of this Collective Bargaining Agreement do not apply to any employee transferred to a location not covered by the recognition clause of this Agreement. Section 20.01 Layoffs If the procedure set forth in Article XIX, section 19.01 (a)-(e) does not satisfy the surplus condition the Company may move to layoff. The Company will negotiate with the Local Unions involved as to a formula or plan before instituting such layoffs. In the event that no agreement can be reached between the Company and the Union within a twenty (20) day period, the following will apply. a. All vendors and outside contractors of the Company will be removed from the AT&T Project in the affected job titles. b. Temporary employees will be separated from the payroll before regular employees are laid off. c. If the above does not relieve the conditions requiring layoffs, the Company shall layoff regular full-time employees by inverse order of seniority by job title within the affected Local Union's jurisdiction. Senior Facility Engineers, Lead Facility Engineers, Building Automation Specialists and Facility Engineers shall be considered employees of the same combined job title. Any employee in the service of the Employer continuously for one (1) year or more who is laid off due to job elimination, technological improvements or the closing of a building shall have the option of recei...
Sample 1Sample 2
AutoNDA by SimpleDocs
Work Force Adjustment (Surplus. Whenever, in the judgment of the Company, a surplus of employees within the AT&T Project exists in a job title, all employees within the same job title shall be offered in order of seniority, assignments to available jobs for which they are qualified, as outlined below. (The Company and the Union will determine the appropriate group to be adjusted.) A voluntary lateral reassignment to an equal paying job title within the AT&T Project within a commutable distance. A voluntary lateral reassignment to an equal paying job title within the AT&T Project outside a commutable distance. A voluntary lateral reassignment to an equal paying job within the Company. A voluntary reassignment to a lower paying job title within the AT&T Project within a commutable distance. A voluntary reassignment to a lower paying job title within the Company. If such reassignment should require employees to relocate their residence as a result of transfers involved with force redistribution, they will be eligible for moving expense reimbursement according to Xxxxxxx Controls, Inc. (AT&T Project) Relocation Policy. The provisions of this Collective Bargaining Agreement do not apply to any employee transferred to a location not covered by the recognition clause of this Agreement.
Sample 1
Work Force Adjustment (Surplus. Whenever, in the judgment of the Company, a surplus of employees within the AT&T Project exists in a job title, all employees within the same job title shall be offered in order of seniority, assignments to available jobs for which they are qualified, as outlined below. a) The Company will inform the Union of the job titles and locations where the reductions need to occur as well as the job titles and locations of any available openings. b) A voluntary lateral reassignment to an equal paying job title within the AT&T Project within a commutable distance (35 miles). c) A voluntary lateral reassignment to an equal paying job title within the AT&T Project outside a commutable distance (35 miles). d) A voluntary reassignment to a lower paying job title within the AT&T Project within a commutable dis- tance (35 miles). e) A voluntary reassignment to a lower paying job title within the AT&T Project outside a commutable distance (35 miles). f) Employees will be considered for reassignment to any job title within the Company for which they apply for. If such reassignment within the AT&T Account should require employees to relocate their residence as a result of transfers involved with force redistribution, they will be eligible for moving expense reimbursement according to Article XXI. The provisions of this Collective Bargaining Agreement do not apply to any employee transferred to a location not covered by the recognition clause of this Agreement.
Sample 1

Related to Work Force Adjustment (Surplus

  • FORCE ADJUSTMENT General 11.01 When any condition arises which reduces the work load to the extent that, in the Company's opinion, force adjustment is warranted, the following shall apply: (a) If the contemplated adjustment to the force would involve the lay-off of 50 or more Regular employees from the bargaining unit within a period of 30 days, or alternatively the spreading of the equivalent work by part-timing, the Company shall endeavour to reach agreement with the Union as to whether a plan of part-timing, lay-offs, or a combination of the two shall be put into effect. (b) If the contemplated adjustment to the work force is less extensive than that described in subsection 11.01 (a), the Company shall not resort to lay-off of Regular employees or part-timing of Regular Full-Time employees, except with the agreement of the Union. 11.02 In the event that an agreement as to a plan cannot be reached under subsection 11.01 (a) within a period of 30 calendar days after the matter has been submitted to the Union, the Company may proceed on a plan of lay-off to the extent it deems necessary. 11.03 It is expressly understood, however, that if the Company proceeds on a plan of lay-off at the expiration of the 30 day period or later as prescribed in this Article, negotiations toward an agreement relating to a force adjustment plan shall be resumed at any time at the request of either party. Similarly, after agreement has been reached as to a plan of force adjustment either party may resume negotiations at any time in an effort to obtain agreement upon modifications of the plan then in effect.

  • Workplace adjustment An employer wishing to employ a person under the provisions of this clause shall take reasonable steps to make changes in the workplace to enhance the employee’s capacity to do the job. Changes may involve re-design of job duties, working time arrangements and work organisation in consultation with other employees in the area.

  • Section 754 Adjustment To the extent an adjustment to the adjusted tax basis of any Partnership asset pursuant to Code Section 734(b) or Code Section 743(b) is required, pursuant to Regulations Section 1.704-1(b)(2)(iv)(m)(2) or Regulations Section 1.704-1(b)(2)(iv)(m)(4), to be taken into account in determining Capital Accounts as the result of a distribution to a Holder in complete liquidation of his interest in the Partnership, the amount of such adjustment to the Capital Accounts shall be treated as an item of gain (if the adjustment increases the basis of the asset) or loss (if the adjustment decreases such basis) and such gain or loss shall be specially allocated to the Holders in accordance with their interests in the Partnership in the event that Regulations Section 1.704-1(b)(2)(iv)(m)(2) applies, or to the Holders to whom such distribution was made in the event that Regulations Section 1.704-1(b)(2)(iv)(m)(4) applies.

  • Section 754 Adjustments To the extent an adjustment to the adjusted tax basis of any Company asset, pursuant to Code Section 734(b) or Code Section 743(b) is required, pursuant to Regulations Section 1.704-1(b)(2)(iv)(m)(2) or 1.704-1(b)(2)(iv)(m)(4), to be taken into account in determining Capital Accounts as the result of a distribution to a Unit Holder in complete liquidation of such Unit Holder’s interest in the Company, the amount of such adjustment to Capital Accounts shall be treated as an item of gain (if the adjustment increases the basis of the asset) or loss (if the adjustment decreases such basis) and such gain or loss shall be specially allocated to the Unit Holders in accordance with their interests in the Company in the event Regulations Section 1.704-1(b)(2)(iv)(m)(2) applies, or to the Unit Holder to whom such distribution was made in the event Regulations Section 1.704-1(b)(2)(iv)(m)(4) applies.

  • CPI Adjustment At the end of the first Lease year (as hereinafter defined) and every Lease year thereafter (including any renewal periods) the Base Rental provided for in Paragraph 3 above shall be adjusted by adding to Base Rental the "Add-on Factor". The one (1) year periods are each hereinafter referred to as an "Adjustment Period". As used herein, the "Add- on Factor" shall mean the "Add-on Sum" minus "Net Base Rental"; "Add-on Sum" shall mean a sum determined by multiplying the "Net Base Rental" by the "Adjustment Factor"; "Net Base Rental" shall mean the Base Rental described above minus Initial Basic Cost, and "Adjustment Factor" shall mean a fraction, the numerator of which is the "CPI" published immediately preceding the applicable anniversary date and the denominator of which is the "CPI" published immediately preceding the commencement date of the term of this Lease. "CPI" shall mean the United States Average (1982-84 '" 100), as published bi-monthly (or if the same shall no longer be published bi-monthly, on the most frequent basis available) by the Bureau of Labor Statistics, U.S. Department of Labor (but if such is subject to adjustment later, the later adjusted index shall be used). The Adjusted Rental shall be the new Base Rental of the Premises effective as of the first day of the applicable Adjustment Period. Notwithstanding the foregoing calculation, the yearly percentage rent adjustment pursuant to this Paragraph 9 shall in no event be less than FIVE percent (5%) per year. Tenant shall continue payment of the Base Rental in effect for the expiring Adjustment Period until notified by Landlord of any increase in such Base Rental. Such notification shall include a memorandum showing the calculations used by Landlord in determining the new Base Rental. On the first day of the calendar month immediately succeeding receipt of such notice, Tenant shall commence payment of the new Base Rental spedfied in the notice, and shall also pay to Landlord with respect to the month(s) already expired, the excess of the required monthly rentals spedfied in the notice over the monthly amounts actually paid by Tenant.

  • Certificate of Adjustment Whenever the Purchase Price is adjusted, as herein provided, the Company shall promptly deliver to the Holder a certificate of the Company’s chief financial officer setting forth the Purchase Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment.

  • Performance Adjustment One-twelfth of the annual Performance Adjustment Rate will be applied to the average of the net assets of the Portfolio (computed in the manner set forth in the Fund's Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month and the performance period.

  • Equitable Adjustment Trading volume amounts, price/volume amounts and similar figures in the Transaction Documents shall be equitably adjusted (but without duplication) to offset the effect of stock splits, similar events and as otherwise described in this Agreement and Warrants.

  • Payment and Year-End Adjustment Amounts accrued pursuant to this Agreement shall be payable to the Adviser as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Expenses of a Fund for the prior fiscal year (including any reimbursement payments hereunder with respect to such fiscal year) do not exceed the Maximum Annual Operating Expense Limit.

  • Economic Price Adjustment is the adjustment to the Aircraft Basic Price (Base Airframe, Engine and Special Features) as calculated pursuant to Exhibit D.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!