A Retired On Clause Samples

A Retired On. Call Supervisor is a Supervisor who has retired from the WSDOT Ferries Division and has been selected to be included in the On-Call pool and expected to be available on a twenty-four/seven (24/7) basis for on call work at any terminal to a maximum of eight hundred sixty-seven (867) hours per year. Retired On-Call Supervisors are not guaranteed any regular number of hours per week, and receive a wage rate without benefits, without travel time and mileage. Retired On- Call Supervisors shall be available during peak summer months. All holiday weeks during the calendar year will be blocked for selection of weekly or daily absences. Retired On-Call Supervisors will be dispatched in accordance with Article 37, Dispatch Rules. Outside of Department of Retirement Services (DRS) restrictions and rights conferred under this Agreement, Retired On-Call Supervisors rendering themselves unavailable shall lose their standing and position and will be precluded from future employment as a Retired On-Call Supervisor. Upon acceptance into the On-Call pool, a Retired On-Call Supervisor will be placed at the bottom of the On- Call pool list.‌‌‌
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A Retired On. Call Supervisor is a Supervisor who has retired from WSF and has been selected to be included in the On-Call pool and expected to be available on a 24/7 basis for on call work at any terminal to a maximum of eight hundred sixty- seven (867) hours per year. Such Supervisor is not guaranteed any regular number of hours per week, and receives a wage rate without benefits and without travel time and mileage. Assignment restrictions also apply during the peak season months of May, June, July, August, and September when they will select, via their retirement seniority, two (2) consecutive days off per week as identified by the Employer. Retired On-Call Supervisors do not accrue leave credits, but shall be entitled to select, via retired reserve seniority, peak season weekly and daily absences; two (2) consecutive calendar weeks and up to five (5) single days. Retired On-Call Supervisors will be dispatched in accordance with Article 37, Dispatch Rules. Outside of Department of Retirement Services (DRS) restrictions and rights conferred under this Agreement, Retired On-Call Supervisors rendering themselves unavailable shall lose their standing and position and will be precluded from future employment as a Retired On-Call Supervisor. Effective June 7, 2004, the following exception applies to mileage incurred as follows. A Retired On-Call Supervisor required to use their personal vehicle at any time during the work day for WSF business shall be reimbursed the mileage payment at the contractual rate. Upon acceptance into the On-Call pool, a Retired On-Call Supervisor will be placed at the bottom of the On-Call pool list. Retired On-Call Supervisors are assigned by dispatch rules of this Agreement.
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Related to A Retired On

  • Guarantee by the Company Subject to the terms and conditions hereof, the Company, including in its capacity as holder of the Common Securities, hereby irrevocably and unconditionally guarantees to each person or entity to whom the Trust is now or hereafter becomes indebted or liable (the "Beneficiaries") the full payment when and as due, of any and all Obligations (as hereinafter defined) to such Beneficiaries. As used herein, "

  • Payments by the Company The Company shall use its best efforts to obtain effectiveness of the Registration Statement as soon as practicable. If (i) the Registration Statement(s) covering the Registrable Securities required to be filed by the Company pursuant to Section 2(a) hereof is not filed by the Filing Date or declared effective by the SEC on or prior to one hundred and twenty (120) days from the Filing Date, or (ii) after the Registration Statement has been declared effective by the SEC, sales of all of the Registrable Securities cannot be made pursuant to the Registration Statement, or (iii) the Common Stock is not listed or included for quotation on the Nasdaq National Market ("NASDAQ"), the Nasdaq SmallCap Market ("NASDAQ SMALLCAP"), the New York Stock Exchange (the "NYSE") or the American Stock Exchange (the "AMEX") after being so listed or included for quotation, or (iv) the Common Stock ceases to be traded on the Over-the-Counter Bulletin Board (the "OTCBB") or any equivalent replacement exchange prior to being listed or included for quotation on one of the aforementioned markets, then the Company will make payments to the Investors in such amounts and at such times as shall be determined pursuant to this Section 2(c) as partial relief for the damages to the Investors by reason of any such delay in or reduction of their ability to sell the Registrable Securities (which remedy shall not be exclusive of any other remedies available at law or in equity). The Company shall pay to each holder of the Notes or Registrable Securities an amount equal to the then outstanding principal amount of the Notes (and, in the case of holders of Registrable Securities, the principal amount of Notes from which such Registrable Securities were converted) ("OUTSTANDING PRINCIPAL AMOUNT"), multiplied by the Applicable Percentage (as defined below) times the sum of: (i) the number of months (prorated for partial months) after the Filing Date or the end of the aforementioned one hundred and twenty (120) day period and prior to the date the Registration Statement is declared effective by the SEC, provided, however, that there shall be excluded from such period any delays which are solely attributable to changes required by the Investors in the Registration Statement with respect to information relating to the Investors, including, without limitation, changes to the plan of distribution, or to the failure of the Investors to conduct their review of the Registration Statement pursuant to Section 3(h) below in a reasonably prompt manner; (ii) the number of months (prorated for partial months) that sales of all of the Registrable Securities cannot be made pursuant to the Registration Statement after the Registration Statement has been declared effective (including, without limitation, when sales cannot be made by reason of the Company's failure to properly supplement or amend the prospectus included therein in accordance with the terms of this Agreement, but excluding any days during an Allowed Delay (as defined in Section 3(f)); and (iii) the number of months (prorated for partial months) that the Common Stock is not listed or included for quotation on the OTCBB, Nasdaq, Nasdaq SmallCap, NYSE or AMEX or that trading thereon is halted after the Registration Statement has been declared effective. The term "APPLICABLE PERCENTAGE" means two hundredths (.02). (For example, if the Registration Statement becomes effective one (1) month after the end of such one hundred and twenty (120) day period, the Company would pay $5,000 for each $250,000 of Outstanding Principal Amount. If thereafter, sales could not be made pursuant to the Registration Statement for an additional period of one (1) month, the Company would pay an additional $5,000 for each $250,000 of Outstanding Principal Amount.) Such amounts shall be paid in cash or, at the Company's option, in shares of Common Stock priced at the Conversion Price (as defined in the Notes) on such payment date.

  • Payment of Other Taxes by the Company The Company shall timely pay to the relevant Governmental Authority in accordance with Applicable Law, or at the option of the Administrative Agent timely reimburse it for the payment of, any Other Taxes.

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  • CONTINGENT ANNUITANT The person designated by the Owner who, upon the Annuitant's death prior to the Annuity Commencement Date, becomes the Annuitant.