Xxxxxx Provisions. At any time, the Committee may, but shall not be required to, authorize the Company to offer to buy out for a payment in cash or shares a Conversion Option previously granted based on such terms and conditions as the Committee shall establish and communicate to the Optionee in connection with such offer.
Xxxxxx Provisions. When proceeding with a Reduction in Force, the Employer will first seek volunteers who will be considered on the basis of seniority. If there are insufficient numbers of volunteers, then the involuntary layoff process will commence. 260 If it is necessary to lay off employees or reduce employees in status, the principle of bargaining unit seniority first within an agency and then the region shall govern between those Therapists within an agency whose merit and ability are adequate. Reduction in Force or status shall be accomplished in the following order:
Xxxxxx Provisions. The Company’s initial filing sought approval of Tariff No. 21, replacing existing Tariff No. 20. The Settling Parties recommend that the Commission approve a revised version of proposed Tariff No. 21, Attachment 10, which contains the increased rates and charges effective July 1, 2020 as provided for in this Settlement, a number of minor edits and the following modifications and additions to Tariff No. 20:
Xxxxxx Provisions. The following provisions shall apply to the layoff of employees under this Agreement.
Xxxxxx Provisions. In the event that the Employer resorts to staff reduction the following guidelines will be observed in selecting the personnel to be released from employment. The number of employees to be cut from employment will be determined by the Employer. Before layoff, Employer representatives will meet with Union representatives to receive input and to discuss the mechanics of the layoff procedure.
Xxxxxx Provisions
