Examples of IAC in a sentence
Specifically, in Schools/Departments where the composition of the IAC is problematic (i.e. there are insufficient numbers of regular/tenured faculty members) the Union automatically agrees that the Chair/Director of the School/Department may appoint a probationary faculty member in the School/Department or a regular/tenured or probationary faculty member in another School/Department within the Faculty to the Instructor Appointments Committee.
In an Instructor Appointment Xxxxxxxxx, an instructor who is unsuccessful as a result of a job posting process, as provided in Article 14, and disagrees with the decision made concerning his/her candidacy shall first give the Chair of the IAC an opportunity to meet and discuss the recruitment process and provide the instructor with the rationale for the decision.
The Per Share Common Stock Consideration and Per Share Preferred Stock Consideration shall be adjusted to reflect appropriately the effect of any stock split, reverse stock split, stock dividend, reorganization, recapitalization, reclassification, combination, exchange of shares or other like change with respect to IAC Class A Common Stock occurring on or after the date hereof and prior to the Effective Time.
No certificates or scrip or shares representing fractional shares of IAC Class A Common Stock or IAC Series C Preferred Stock shall be issued upon the exchange of Company Shares, and such fractional share interests will not entitle the owner thereof to vote or to have any rights of a stockholder of IAC or a holder of shares of IAC.
On the Closing Date, IAC shall deposit, or shall cause to be deposited, with an exchange agent to be mutually agreed upon by the parties hereto (the “Exchange Agent”) for the benefit of the Company Stockholders, for exchange in accordance with this Section 3.02, the number of shares of IAC Class A Common Stock and IAC Series C Preferred Stock equal to the Stock Consideration (such shares of IAC Class A Common Stock and IAC Series C Preferred Stock, the “Exchange Fund”).