Lay-Off Order Sample Clauses

A Lay-off Order clause allows an employer to temporarily suspend employees from work without terminating their employment, typically due to a lack of available work or operational needs. In practice, this clause outlines the conditions under which employees may be laid off, such as economic downturns or unforeseen business interruptions, and may specify notice requirements or duration limits. Its core function is to provide flexibility for employers to manage workforce levels during periods of reduced demand while preserving the employment relationship for future recall.
Lay-Off Order. (a) Both parties recognize that job security shall increase in proportion to length of service. Therefore, in the event of a lay-off, employees shall be laid off in the reverse order to the bargaining unit-wide-seniority within their classification. (b) Temporary employees will be laid off before regular employees and will not be allowed to bump regular employees.
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Lay-Off Order. In the event of a lay-off of more than one employee at one time, the employees so affected shall be given the rights in Article 13.03 in sequential order of their seniority.
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Lay-Off Order. In the event of personnel reduction, the employee with the least seniority shall be the first laid off.
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Lay-Off Order. In the case of personnel reduction within a department or a classification group, seasonal employees will be laid off first, then employee(s) with the least amount of seniority will be laid off. Employees(s) shall be recalled in the order of the seniority. Nothing set forth herein or in any other Section or Article of this Agreement shall in any way limit the authority of the City to determine the number of employees impacted by necessary reductions in the workforce or from which departments or classifications such reductions are made.
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Lay-Off Order. Permanent employees shall be laid off on the basis of the position and department designated for the lay off by the Employer, with the senior employee(s) being retained in that position and department, provided always that they have the required qualifications, experience, skill and ability, that are relative to the requirements of the job to perform the work in question. All determinations of qualifications, experience, skill and ability, relative to the requirements of the job, shall be made by the Employer in a fair and equitable fashion. Casual employees are to be laid off before permanent employees and permanent employees are recalled before casual employees.
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Lay-Off Order. Lay-off shall occur in reverse order of seniority for the employee.
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Lay-Off Order 
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Related to Lay-Off Order

  • Layoff Order Regular employees shall be laid-off on the basis of the classification and department/school designated for the layoff by the Employer. When the required qualifications, skill and ability to perform the work in question are equal among two (2) or more employees occupying such classification, the senior employee shall receive preference, provided always that the employee to be retained in that classification and department or school meets the criteria of the job description qualification sheet, and has the required qualifications, skill and ability to perform the work in question.

  • Placement of Orders The Adviser shall arrange for the placing of all orders for the purchase and sale of securities for a Fund’s account with brokers or dealers selected by the Adviser. In the selection of such brokers or dealers and the placing of such orders, the Adviser is directed at all times to seek for each Fund the most favorable execution and net price available under the circumstances. It is also understood that it is desirable for the Funds that the Adviser have access to brokerage and research services provided by brokers who may execute brokerage transactions at a higher cost to the Funds than may result when allocating brokerage to other brokers, consistent with section 28(e) of the 1934 Act and any Commission staff interpretations thereof. Therefore, the Adviser is authorized to place orders for the purchase and sale of securities for a Fund with such brokers, subject to review by the Board from time to time with respect to the extent and continuation of this practice. It is understood that the services provided by such brokers may be useful to the Adviser in connection with its or its affiliates’ services to other clients.

  • LAY-OFF & RECALL Section 1. Whenever it is determined that a layoff is reasonably necessary, the following procedures will apply. Section 2. All bargaining unit employees in an initial probationary period working in positions affected by the layoff will be assigned to other appropriate positions if available, or, if no other positions are available, shall be laid off prior to displacing any full-time regular employees. Section 3. Staffing in the event that economic conditions require the layoff of full-time personnel, it is agreed as follows: a. No layoff shall reduce full-time personnel below three (3) employees working 24/48 schedules. b. If the City desires to reduce the employee's below three (3), the City must be declared in fiscal emergency by the auditor of state and reopen the contract to negotiate such changes, subject to fact-finding and conciliation if the parties are unable to agree. Section 4. When it is determined by the Employer that regular full-time employees must be laid off, the employees affected will be laid off within six (6) months and according to lowest seniority and lowest EMS certification level first, provided that the employee(s) retained have the immediate skill and ability to perform the jobs to which they will be assigned. ‘ Section 5. No new bargaining unit employees shall be hired until all employees who have been laid off with recall rights have been given the opportunity to return to work. Laid-off employees will be notified by registered mail at their last known address to return to work within fourteen (14) calendar days of the date of notification. Failure to report within the time limit will remove them from the recall list. Section 6. Employees will retain their seniority for a period of twenty-four (24) months or the amount of their accrued seniority whichever is shorter and may be reinstated during this period. Employees will be recalled in reverse order of their layoff subject to their skill and ability to perform the job to which they are recalled. Section 7. Upon layoff, an employee shall be paid for accrued but unused vacation and compensatory time. Such payment shall be included with the employee's last regular paycheck.

  • METHOD OF ORDERING The County shall issue Delivery Orders against the contract on an as needed basis for the goods or services listed on the Bid Response Form.

  • AGGREGATION OF ORDERS On occasions when the Adviser deems the purchase or sale of a security to be in the best interest of the Allocated Assets as well as other clients of the Adviser, the Adviser may to the extent permitted by applicable laws and regulations, but shall be under no obligation to, aggregate the orders for securities to be purchased or sold. In such event, allocation of the securities so purchased or sold, as well as the expenses incurred in the transaction, will be made by the Adviser in the manner the Adviser considers to be the most equitable and consistent with its fiduciary obligations to the Portfolio and to its other clients. The Manager recognizes that, in some cases, the Adviser’s allocation procedure may limit the size of the position that may be acquired or sold for the Allocated Assets.