Deviation from Retention Points Sample Clauses

The 'Deviation from Retention Points' clause defines the conditions under which the standard retention points specified in a contract may be altered. In practice, this clause allows parties to agree on exceptions or modifications to the usual retention schedule, such as adjusting the percentage of payment withheld or changing the milestones at which retention is released. Its core function is to provide flexibility in managing cash flow and risk allocation, ensuring that the retention mechanism can be tailored to suit the specific needs or circumstances of a project.
Deviation from Retention Points. The Board of Supervisors may approve deviations from the order of layoff by retention points or demotions in lieu of layoff (bumping) when retention points order alone would result in retaining employees unable to maintain a satisfactory level of performance in the department affected. In such cases, the Department Head or designee shall fully justify and document the reasons therefore. The affected employees shall be provided a written notice of the department's request, reasons therefore and the date the Board of Supervisors shall consider the department's request.
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Related to Deviation from Retention Points

  • Deviation from Grievance Procedure The Employer agrees that, after a grievance has been discussed at Step 2 of the grievance procedure the Employer or his representatives shall not initiate any discussion or negotiations with respect to the grievance, either directly or indirectly with the aggrieved employee without the consent of the ▇▇▇▇▇▇▇ or the Union.

  • RECORD RETENTION REQUIREMENTS To the extent applicable, Supplier must comply with the record retention requirements detailed in 2 C.F.R. § 200.333. The Supplier further certifies that it will retain all records as required by 2 C.F.R. § 200.333 for a period of 3 years after grantees or subgrantees submit final expenditure reports or quarterly or annual financial reports, as applicable, and all other pending matters are closed.