Change in Membership Status Sample Clauses

The Change in Membership Status clause defines the procedures and conditions under which a member’s status within an organization or agreement may be altered. This typically covers scenarios such as resignation, expulsion, or transition from one membership category to another, and may outline notification requirements, effective dates, and any resulting changes in rights or obligations. Its core function is to ensure clarity and consistency in handling changes to membership, thereby preventing disputes and maintaining organizational stability.
Change in Membership Status. 1. The District will refer any eligible certificated employee concerning union dues or stopping union membership to the KUTA President. 2. ▇▇▇▇ agrees to give timely written notification to the District of any changes in membership status. 3. KUTA will reimburse any eligible certificated employees for dues deducted in error as determined by ▇▇▇▇.
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Change in Membership Status. A swimmer may resign or go on Leave of Absence at any time by giving written notice to CDST 2 weeks prior to the 1st of the month at ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇, or you can email your resignation to Coach ▇▇▇▇. Monthly fees will not be pro-rated for the last month of membership. Any unpaid balance remaining on the date of written resignation must be paid. There may be additional charges if collection costs are incurred to settle a delinquent account. Any swimmer who resigns from CDST without settling his or her account in full will be reported to United States Swimming as a member not in good standing.
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Change in Membership Status. 1. The District will refer any eligible classified employee concerning union dues or stopping union membership to the CSEA Labor Relations Representative. 2. CSEA agrees to give timely written notification to District of any changes in membership status. 3. CSEA will reimburse any eligible classified employees for dues deducted in error as determined by CSEA.
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Change in Membership Status. The Union will certify to management any member who ceases to be a member in good standing. Refer to Section 5.
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Change in Membership Status. A. Except as provided in 8(B) below, a member’s classification is deemed annually as of April 1. To the extent that a subsequent change in a member’s employment would cause a change in a member’s classification, such change will be effective on the following April 1; B. An Associate Member who changes employment such that the member would be reclassified as a General Member may be reclassified at any time the member requests reclassification; C. For the purposes of determining the eligibility for and the continuation in elected or appointed offices of the Association, the classification of a member in effect at the date of nomination to office or directorship shall be deemed effective for the entire term of that office even if the change in the employment of the individual would change the classification during the term of office. However, if employment results in a status other than General Member and, in the opinion of the Executive Committee, this change has an adverse impact upon the Association, that elected individual will resign at the request of the Committee.
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Related to Change in Membership Status

  • Partnership Status The parties intend to treat the Partnership as a partnership for U.S. federal income tax purposes.

  • Change in Status ‌ In the event of any substantive change in its legal status, organizational structure, or fiscal reporting responsibility, Contractor will notify HCA of the change. Contractor must provide notice as soon as practicable, but no later than thirty (30) calendar days after such a change takes effect.

  • Change in Board During any period of two (2) consecutive years (not including any period prior to the execution of this Agreement), individuals who at the beginning of such period constitute the Board, and any new director (other than a director designated by a person who has entered into an agreement with the Company to effect a transaction described in clause (i), (iii) or (iv) of this definition of Change in Control) whose election by the Board or nomination for election by the Company’s stockholders was approved by a vote of at least two-thirds of the directors then still in office who either were directors at the beginning of the period or whose election or nomination for election was previously so approved, cease for any reason to constitute at least a majority of the members of the Board;

  • Change in Capitalization (a) The number and kind of Restricted Shares shall be proportionately adjusted for any increase or decrease in the number of issued shares of Common Stock resulting from a subdivision or combination of shares or the payment of a stock dividend in shares of Common Stock to holders of outstanding shares of Common Stock or any other increase or decrease in the number of shares of Common Stock outstanding effected without receipt of consideration by the Company. No fractional shares shall be issued in making such adjustment. All adjustments made by the Committee under this Section shall be final, binding, and conclusive. (b) In the event of a merger, consolidation, extraordinary dividend (including a spin-off), reorganization, recapitalization, sale of substantially all of the Company’s assets, other change in the capital structure of the Company, tender offer for shares of Common Stock or a Change in Control, an appropriate adjustment may be made with respect to the Restricted Shares such that other securities, cash or other property may be substituted for the Common Stock held by Share Custodian or recorded in book entry form pursuant to this Award. (c) The existence of the Plan and the Restricted Stock Award shall not affect the right or power of the Company to make or authorize any adjustment, reclassification, reorganization or other change in its capital or business structure, any merger or consolidation of the Company, any issue of debt or equity securities having preferences or priorities as to the Common Stock or the rights thereof, the dissolution or liquidation of the Company, any sale or transfer of all or part of its business or assets, or any other corporate act or proceeding.

  • Adjustment for Change in Capital Stock If the Company: (1) pays a dividend or makes a distribution on its Common Stock in shares of its Common Stock; (2) subdivides its outstanding shares of Common Stock into a greater number of shares; (3) combines its outstanding shares of Common Stock into a smaller number of shares; (4) makes a distribution on its Common Stock in shares of its capital stock other than Common Stock; or (5) issues by reclassification of its Common Stock any shares of its capital stock; then the Exercise Price in effect immediately prior to such action and the number and kind of shares into which a Warrant is exercisable shall all be adjusted appropriately so that the holder of any Warrant thereafter exercised may receive the aggregate number and kind of shares of capital stock of the Company which he would have owned immediately following such action if such Warrant had been exercised immediately prior to such action. The adjustment shall become effective immediately after the record date in the case of a dividend or distribution and immediately after the effective date in the case of a subdivision, combination or reclassification. If after an adjustment a holder of a Warrant upon exercise of it may receive shares of two or more classes of capital stock of the Company, the Board of Directors of the Company shall determine the allocation of the adjusted Exercise Price between the classes of capital stock. After such allocation, the exercise privilege and the Exercise Price of each class of capital stock shall thereafter be subject to adjustment on terms comparable to those applicable to Common Stock in this Section. Such adjustment shall be made successively whenever any event listed above shall occur.