BUMP PROCESS Sample Clauses

The BUMP PROCESS clause establishes a procedure that allows a party to match or exceed an offer made by a third party, typically in the context of rights of first refusal or similar arrangements. In practice, if one party receives a bona fide offer from an outside party, the other party is given a specified period to 'bump' or match the terms of that offer to retain their rights or interests. This mechanism ensures that the original party has a fair opportunity to maintain their position or asset, thereby protecting their interests and preventing loss to external competitors.
BUMP PROCESS. (a) Any employee losing their position due to a cur- tailment of work will exercise their seniority by bumping in order of seniority. Only employees bumped from their position shall be eligible to bump, providing the employee has the qualifica- tions to perform all the required duties of the new position. (b) Providing that employees had advance notice of a bump, they will be given a designated time to bump and will have fifteen (15) minutes to de- cide their preferred position. (c) The junior overall employee bumped will have to take an available full-time position. If there are no full-time positions available, he will be subject to layoff or may bump a junior person on the overall seniority list within the bargaining unit. (d) Each bump will be documented and signed by the affected employees, the Union ▇▇▇▇▇▇▇ and the Company Manager. 1. It is agreed and understood that the Company may employ and staff in any or all of the rural locations listed below and potentially employ people in other areas if business factors require. 2. Retainer fees payable fully compensated for the fol- lowing: (a) Being available via pager to receive notification of emergency service and repair calls. (b) Traveling to and from ABM machines to carry out emergency repairs and service calls. (c) Performing necessary emergency repairs and service calls. (d) Traveling to and from ABM machines to meet technical representatives. (e) Waiting while technical representatives perform technical services, maximum 30 minutes per in- dividual call. (f) Mileage charges relating to any business travel required to carry out the above service.
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BUMP PROCESS. (a) Any employee losing their position due to a curtailment of work will exercise their seniority by bumping in order of seniority. Only employees bumped from their position shall be eligible to bump, providing the employee has the qualifications to perform all the required duties of the new position. (b) Providing that employees had advance notice of a bump, they will be given a designated time to bump and will have fifteen (15) minutes to decide their preferred position. (c) The junior overall employee bumped will have to take an available full- time position. If there are no full-time positions available, he will be subject to layoff or may bump a junior person on the overall seniority list within the bargaining unit. (d) Each bump will be documented and signed by the affected employees, the Union ▇▇▇▇▇▇▇ and the Company Supervisor. (Underwritten by ACE INA Insurance) See description Waiting Period Injury No waiting period Disease 3 consecutive normal working shifts Maximum Benefit Period 104 weeks Amount 70% of your weekly earnings to a maximum benefit equal to the maximum weekly payment under the Employment Insurance Act for the first 15 weeks and $250 per week maximum thereafter Individual $25 each calendar year Family $50 each calendar year The individual and family deductibles do not apply to Visioncare and In-Canada Hospital expenses Reimbursement Levels In-Canada Hospital and Visioncare Expenses 100% All Other Expenses 80% Basic Expense Maximums Hospital (Semi-private room) Semi-private room Nursing $10,000 every 3 consecutive calendar years In-Canada Prescription Drugs Included (generic substitution mandatory where available) Drugs Used To Treat Erectile Dysfunction $1,000 each calendar year Smoking Cessation Products $125 lifetime Fertility Drugs $6,000 lifetime Custom-fitted Orthopedic Shoes $250 each calendar year Custom-made Foot Orthotics $200 every 2 calendar years, $200 each calendar year for dependents under 18 years Myoelectric Arms $10,000 per prosthesis External Breast Prosthesis 1 every 12 months Surgical Brassieres 2 every 12 months Mechanical or Hydraulic Patient Lifters $2,000 per lifter once every 5 years Outdoor Wheelchair Ramps $2,000 lifetime Blood-glucose Monitoring Machines 1 every 4 years Transcutaneous Nerve Stimulators $700 lifetime Extremity Pumps for Lymphedema $1,500 lifetime Custom-made Compression Hose 4 pairs each calendar year Wigs for Cancer Patients $200 lifetime Paramedical Expense Maximums Chiropractors $300 ea...
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BUMP PROCESS. (a) Any employee losing their bid position (or posting) due to a curtailment of work will exercise their seniority by bumping in order of seniority. Only employees bumped from their position shall be eligible to bump, providing the employee has the qualifications to perform all the required duties of the new position.
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BUMP PROCESS. (a) Any employee losing their bid position (or post- ing) due to a curtailment of work will exercise their seniority by bumping in order of seniority. Only employees bumped from their position shall be eligible to bump, providing the employee has the qualifications to perform all the required duties of the new position. (b) Providing that employees had at least one (1) week’s advance notice of a bump, they will be given a designated time to bump and in the pres- ence of the union ▇▇▇▇▇▇▇ will have fifteen (15) minutes to decide their preferred position. (c) The junior overall employee bumped will have to take an available full-time position. If there are no full-time positions available, they will be reduced to casual or be subject to layoff or may bump a jun- ior person on the overall seniority list within the bargaining unit. (d) Each bump will be documented and signed by the affected employees, the Union ▇▇▇▇▇▇▇ and the Company Supervisor. (e) Each week, by 3:00 P.M. on Tuesday, Spare em- ployees, in order of seniority, will select open pos- itions on the following week’s schedule. Employ- ees that fail to select by this time will be assigned as needed, regardless of their seniority. 1. The parties agree that “service work” and “cash transfer work” within Elliot Lake Triangle and the Sault, may be contracted out subject to the following restrictions: (a) The work may only be performed by contractors in the geographic area identified above; (b) “Service work” only consists of maintenance work on ABM’s. Service work does not include any cash loading or emergency cash loading. (c) The following “cash transfer work” is currently be- ing performed by contractors” i. The Sault – 20 stops/week (3 ▇▇ ▇▇▇▇▇ and ▇▇▇▇▇▇ daily 5 days/week; ii. Elliot Lake Triangle – 15 stops/week (3 each day at ▇▇ ▇▇▇▇▇ 5 days/week); In the event the two areas have 10 or more stops/ week to be done by a contractor in addition to the cash transfer work currently being done by the con- tractor in that geographic area, the Company must obtain consent from the Union as set out in para- graph 2 below: 2. The Company, in order to assist the Union in monitoring the work referred to in paragraph 1, that is being done by contractors, agree to provide the Union with a listing of all work performed by contractors in The Sault on a monthly basis effective April 2004. The listing shall describe the work in a manner consistent with paragraph 1 and shall show the total hours worked by the Contrac...
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Related to BUMP PROCESS

  • Complaints Process The School shall establish and adhere to a process for resolving public complaints which shall include an opportunity for complainants to be heard. The final administrative appeal shall be heard by the School's Governing Board, except where the complaint pertains to a possible violation of any law or term under this Contract. The complaints process shall be readily accessible from the School’s website, as described in Section 11.4.1.

  • Ordering Process 6.4.1 CLEC, or CLEC's agent, shall act as the single point of contact for its End User Customers' service needs, including without limitation, sales, service design, order taking, Provisioning, change orders, training, maintenance, trouble reports, repair, post-sale servicing, Billing, collection and inquiry. CLEC's End User Customers contacting Qwest in error will be instructed to contact CLEC; and Qwest's End User Customers contacting CLEC in error will be instructed to contact Qwest. In responding to calls, neither Party shall make disparaging remarks about each other. To the extent the correct provider can be determined, misdirected calls received by either Party will be referred to the proper provider of local Exchange Service; however, nothing in this Agreement shall be deemed to prohibit Qwest or CLEC from discussing its products and services with CLEC's or Qwest's End User Customers who call the other Party seeking such information. 6.4.2 CLEC shall transmit to Qwest all information necessary for the ordering (Billing, Directory Listing and other information), installation, repair, maintenance and post-installation servicing according to Qwest's standard procedures, as described in the Qwest Product Catalog (PCAT) available on Qwest's public web site located at ▇▇▇▇://▇▇▇.▇▇▇▇▇.▇▇▇/wholesale/pcat. Information shall be provided using Qwest's designated Local Service Request (LSR) format which may include the LSR, End User Customer and resale forms. 6.4.3 Qwest will use the same performance standards and criteria for installation, Provisioning, maintenance, and repair of services provided to CLEC for resale under this Agreement as Qwest provides to itself, its Affiliates, its subsidiaries, other Resellers, and Qwest retail End User Customers. The installation, Provisioning, maintenance, and repair processes for CLEC's resale service requests are detailed in the Access to OSS Section of this Agreement, and are applicable whether CLEC's resale service requests are submitted via Operational Support System or by facsimile. 6.4.4 CLEC is responsible for providing to Qwest complete and accurate End User Customer Directory Listing information including initial and updated information for Directory Assistance Service, white pages directories, and E911/911 Emergency Services. The Ancillary Services Section of this Agreement contains complete terms and conditions for Directory Listings for Directory Assistance Services, white pages directories, and E911/911 Emergency Services. 6.4.5 If Qwest's retail End User Customer, or the End User Customer's New Service Provider orders the discontinuance of the End User Customer's existing Qwest service in anticipation of the End User Customer moving to a New Service Provider, Qwest will render its closing ▇▇▇▇ to the End User Customer, discontinuing Billing as of the date of the discontinuance of Qwest's service to the End User Customer. If the Current Service Provider, or if the End User Customer's New Service Provider orders the discontinuance of existing resold service from the Current Service Provider, Qwest will ▇▇▇▇ the Current Service Provider for service through the date the End User Customer receives resold service from the Current Service Provider. Qwest will notify CLEC by Operational Support System interface, facsimile, or by other agreed-upon processes when an End User Customer moves from the Current Service Provider to a New Service Provider. Qwest will not provide the Current Service Provider with the name of the New Service Provider selected by the End User Customer. 6.4.6 CLEC shall provide Qwest and Qwest shall provide CLEC with points of contact for order entry, problem resolution and repair of the resold services. These points of contact will be identified for both CLEC and Qwest in the event special attention is required on a service request. 6.4.7 Prior to placing orders on behalf of the End User Customer, CLEC shall be responsible for obtaining and having in its possession Proof of Authorization (POA), as set forth in the POA Section of this Agreement. 6.4.8 Due Date intervals for CLEC's resale service requests are established when service requests are received by Qwest through Operational Support Systems or by facsimile. Intervals provided to CLEC shall be equivalent to intervals provided by Qwest to itself, its Affiliates, its subsidiaries, other Resellers, and to Qwest's retail End User Customers.

  • Change Order Process 12.2.1 Contractor shall provide Notice to Owner as soon as practicable, but no later than five (5) Business Days, after the time when Contractor knows of the impact of any Force Majeure Event, Owner Caused Delay or any other basis for a Change Order that will impact the Work. Failure to provide such Notice within ten (10) Business Days after the time when Contractor knows of the impact of any Force Majeure Event shall be deemed to be a waiver of the Contractor’s right to receive a Change Order with respect thereto. Such Notice shall, to the extent practicable, specify the estimated impact on the Target Price and/or the Project Schedule, as applicable, the impact upon the various portions of the Work occasioned by reason of such Force Majeure Event, Owner Caused Delay or any other basis for a Change Order, and shall substantiate the foregoing to the satisfaction of Owner. In the event that Contractor does not know or is unable to specify with reasonable certainty the impact upon the Work at the time such Notice is to be delivered, Contractor shall instead provide Owner with a notice of a potential or anticipated impact of any Force Majeure Event, Owner Caused Delay or any other basis for a Change Order that could impact the Work, and shall thereafter provide Owner (and, if requested by Owner, the Independent Engineer) with periodic supplemental Notices during the period that the Force Majeure Event, Owner Caused Delay or any other basis for a Change Order, as applicable, continues, detailing any developments, progress or other relevant information of which Contractor is aware. To the extent Owner (in consultation with the Independent Engineer with respect to a Material Change) agrees with the Contractor’s determination of a Force Majeure Event or Owner Caused Delay or any other basis for a Change Order, as applicable, and the effects thereof, Owner shall notify Contractor of Owner’s acceptance. In the event Owner (in consultation with the Independent Engineer with respect to a Material Change) does not accept the Contractor’s findings, Owner or Contractor shall be permitted to dispute such Change Order in accordance with Article 36, and Contractor shall be paid for any Work performed in respect of such disputed Change Order as provided in Section 12.2.5. 12.2.2 As soon as practicable, and in any event within fifteen (15) Days (or such other period as is mutually agreed by Owner and Contractor) after receipt from Owner of a request for a change or Notice of Owner’s acceptance under Section 12.2.1, Contractor shall submit to Owner a proposal for implementing the change indicating the estimated change to the Target Price and/or the Project Schedule, as applicable. If Owner (having consulted with the Independent Engineer in the case of a Material Change) agrees that the Contractor’s proposal should be implemented, Owner (having consulted with the Independent Engineer in the case of a Material Change) shall issue a Change Order incorporating such proposal. Upon receiving such Change Order, Contractor shall diligently perform the change in accordance with the terms thereof. 12.2.3 Contractor’s proposal required pursuant to Section 12.2.2 shall consist of: (a) a detailed material take-off with supporting calculations in accordance with the pricing structure herein, for pricing the change, (b) revisions, if any, to the Drawings and Specifications, (c) a schedule for the work associated with the proposed change, (d) the effect, if any, to the Target Price and/or the Project Schedule, as applicable, (e) the effect, if any, of the change on the Work, including the Performance Tests and/or Demonstration Tests (or protocol therefor), (f) changes, if any, to any right, liability or obligation of a Party or any other provision hereof and (g) changes, if applicable, to any Applicable Deadline.

  • Process a. The grievance shall be referred to one of the following arbitrators: i. ▇▇▇▇ ▇▇▇▇▇ ii. ▇▇▇▇▇ ▇▇▇▇▇▇ iii. ▇▇▇▇▇ ▇▇▇▇▇▇▇▇

  • Offering Process In connection with the Offering, each of the Co-Managers will: a. Familiarize itself to the extent it deems appropriate with the business, operations, financial condition and prospects of the Client, including the artwork to be beneficially owned by the Client and information relating to the acquisition of the artwork by Client and its affiliates; b. Review to its satisfaction the final offering circular filed with the United States Securities and Exchange Commission (“SEC”) pursuant to Rule 253(g) (the “Offering Circular”) and such other documents to be used by such Co-Manager (the “Offering Materials”) in connection with the offering of the Securities; and c. Review to its satisfaction the active and planned operational practices and procedures of the Client in the conduct of the Offering and assist the Client to meet certain applicable rules and regulations promulgated by, and guidance issued by, the SEC and Financial Industry Regulatory Authority, Inc. (“FINRA”). If each of the Co-Managers is satisfied with the results of its due diligence of Client, each Co-Manager Adviser will then be authorized to: a. Identify and contact possible high net-worth, ultra-high net-worth, and institutional investors, which might have an interest in receiving the Offering Materials and evaluating participation in the Offering; b. Engage in conversations with potential investors that express an interest in learning more about the Offering (and similar transactions) via the Masterworks Platform and were directed to the Co-Manager by the Masterworks Platform, which is controlled by an affiliate of the Client; c. Use the Offering Circular (and any other Offering Materials approved by the Client and such Co-Manager) for solicitation purposes, which the Client will distribute via the Masterworks Platform to each potential investor concurrently with or in advance of any oral communication by a registered representative with such potential investor; d. Attend meetings with Client and potential investors, and assist the Client in responding to due diligence requests from potential investors; e. Ensure to its satisfaction that Anti-Money Laundering (“AML”) procedures are implemented for all potential investors in the Offering; f. Ensure to its satisfaction that suitability assessments are conducted for all potential investors with which such Co-Manager has any communications; and g. Generally assist the Client in its sale of securities to those potential investors accepted by Client in the Offering.