Merit Promotion and Internal Placement Sample Clauses

The 'Merit Promotion and Internal Placement' clause establishes the procedures and criteria for advancing current employees to higher positions or transferring them within an organization based on their qualifications and performance. Typically, this clause outlines how vacancies are announced internally, the application and selection process, and the standards used to evaluate candidates, such as experience, education, and past job performance. Its core function is to ensure a fair and transparent process for career advancement and job mobility within the organization, helping to motivate employees and retain talent while filling positions efficiently.
Merit Promotion and Internal Placement. Section 1 -
Merit Promotion and Internal Placement. 22-1 Purpose………………………………………………………..……43 22-2 Objectives…………………………..………………………………43 22-3 Definitions………………..…………………………………………43 22-4 Employee Responsibilities………………………………………..44 22-5 Indefinite Positions ……………………………………………..…45 22-6 Vacancy Announcements…………………………………………45 22-7 Vacancy Posting……………………………………………….…..45 22-8 Area of Consideration………………………………….…….……46 22-9 Application Procedures……………………………….…………..46 22-10 Time Limits…………………………………………………………46 22-11 Processing Applications…………………………………………..46 22-12 Selecting Official Actions…………………………………………..46 22-13 HRO Action………………………………………………………….47 22-14 Release of Selectee………………………………………………..47 22-15 Records Required…………………………………………….…..47 22-16 Grievances…………………………………………………………48 22-17 Inquiries…………………………………………………………….48
Merit Promotion and Internal Placement. Section A: The organization will maintain a merit promotion and internal placement program in order to develop and retain a competent work force, and stimulate an employee’s highest potential by offering opportunities for growth and advancement. Section B: All merit promotions will be processed in accordance with the NETL Merit Promotion and Internal Placement Procedures set forth in Appendix A. The provisions of 5 CFR Part 335 and applicable DOE orders also apply to all promotion and internal placement actions where competitive procedures are required. Section C: Merit promotion is one of several methods that may be used for filling a vacancy. Other methods include, but are not limited to, reassignment, transfer, reinstatement, appointment through delegated examining procedures, reemployment priority lists, or special emphasis appointing authorities. Section D: All merit promotion actions will be taken without regard to political, religious or Union affiliation, marital status, sexual orientation, race, color, national origin, sex, age, or disability.
Merit Promotion and Internal Placement. Merit promotion and internal placement will be in compliance with 5 CFR 335, the applicable Merit Promotion and Internal Placement Plan and all other applicable regulations in effect at the time of the placement action. Merit promotion and internal placement affecting positions outside of the bargaining unit are not within the scope of this agreement. Any Employer decision that changes the Merit Promotion and Internal Placement Plan and applicable regulations will be supplied to the Union. Upon receipt the Union may take such action as they deem appropriate, in accordance with the article on Midterm Negotiations.
Merit Promotion and Internal Placement. Section 1 GENERAL PROVISIONS a. PURPOSE: Will provide procedures that will insure that each employee receives full consideration for all position vacancies and that the best qualified technicians are selected.
Merit Promotion and Internal Placement. 5-1 PURPOSE‌ This article will be used for filling bargaining unit vacancies that management elects to fill in the excepted and competitive services of the Iowa Army National Guard. To provide upward mobility for bargaining unit technicians by giving full consideration to the on-board Technician force; and to provide procedures that will insure that each technician receives full consideration for all bargaining unit position vacancies for which they qualify.
Merit Promotion and Internal Placement 

Related to Merit Promotion and Internal Placement

  • Initial Placement The issuance and sale by the Company of the Notes to the Initial Purchasers pursuant to the Purchase Agreement.

  • Required Filings Relating to Placement of Placement Shares The Company agrees that on such dates as the Securities Act shall require, the Company will (i) file a prospectus supplement with the Commission under the applicable paragraph of Rule 424(b) under the Securities Act (each and every filing under Rule 424(b), a “Filing Date”), which prospectus supplement will set forth, within the relevant period, the amount of Placement Shares sold through ▇▇▇▇▇, the Net Proceeds to the Company and the compensation payable by the Company to ▇▇▇▇▇ with respect to such Placement Shares, and (ii) deliver such number of copies of each such prospectus supplement to each exchange or market on which such sales were effected as may be required by the rules or regulations of such exchange or market.

  • Settlement of Placement Shares Unless otherwise specified in the applicable Placement Notice, settlement for sales of Placement Shares will occur on the second (2nd) Trading Day (or such earlier day as is industry practice for regular-way trading) following the date on which such sales are made (each, a “Settlement Date”). The Agent shall notify the Company of each sale of Placement Shares no later than the opening of the Trading Day immediately following the Trading Day on which it has made sales of Placement Shares hereunder. The amount of proceeds to be delivered to the Company on a Settlement Date against receipt of the Placement Shares sold (the “Net Proceeds”) will be equal to the aggregate sales price received by the Agent, after deduction for (i) the Agent’s commission, discount or other compensation for such sales payable by the Company pursuant to Section 2 hereof, and (ii) any transaction fees imposed by any Governmental Authority in respect of such sales.

  • Authorization of Placement Shares The Placement Shares, when issued and delivered pursuant to the terms approved by the board of directors of the Company or a duly authorized committee thereof, or a duly authorized executive committee, against payment therefor as provided herein, will be duly and validly authorized and issued and fully paid and nonassessable, free and clear of any pledge, lien, encumbrance, security interest or other claim (other than any pledge, lien, encumbrance, security interest or other claim arising from an act or omission of the Agent or a purchaser), including any statutory or contractual preemptive rights, resale rights, rights of first refusal or other similar rights, and will be registered pursuant to Section 12 of the Exchange Act. The Placement Shares, when issued, will conform in all material respects to the description thereof set forth in or incorporated into the Prospectus.

  • Appointment of Placement Agent (a) On the basis of the representations, warranties and agreements of the Company herein contained and subject to all the terms and conditions of this Agreement, the Company hereby appoints the Placement Agent as the Company’s exclusive placement agent for the IPO Shares to be offered and sold by the Company pursuant to a registration statement filed under the Securities Act of 1933, as amended (the “Securities Act”) on Form S-1(File No. 333-204811), and the Placement Agent agrees to act as the Company’s exclusive placement agent. Pursuant to this appointment, the Placement Agent will solicit offers for the purchase of or attempt to place all or part of the IPO Shares of the Company in the proposed Offering. Until the final closing or earlier upon termination of this Agreement pursuant to Section 5 hereof, the Company shall not, without the prior written consent of the Placement Agent, solicit or accept offers to purchase the Securities other than through the Placement Agent. The Company acknowledges that the Placement Agent will act as and agent of the Company and use its reasonable “best efforts” to solicit offers to purchase the IPO Shares from the Company on the terms, and subject to the conditions, set forth in the Prospectus (as defined below). The Placement Agent shall use its reasonable efforts to assist the Company in obtaining performance by each Purchaser whose offer to purchase IPO Shares has been solicited by the Placement Agent, but the Placement Agent shall not, except as otherwise provided in this Agreement, be obligated to disclose the identity of any potential purchaser or have any liability to the Company in the event any such purchase is not consummated for any reason. Under no circumstances will the Placement Agent be obligated to underwrite or purchase any Securities for its own account and, in soliciting purchases of the IPO Shares, the Placement Agent shall act solely as an agent of the Company. The Services provided pursuant to this Agreement shall be on an “agency” basis and not on a “principal” basis. Aegis Capital Corp. May [●], 2017 (b) The Placement Agent will solicit offers for the purchase of the IPO Shares in the Offering at such times and in such amounts as the Placement Agent deem advisable. The Company shall have the sole right to accept offers to purchase IPO Shares and may reject any such offer, in whole or in part. The Placement Agent may retain other brokers or dealers to act as sub-agents on its behalf in connection with the Offering and may pay any sub-agent a solicitation fee with respect to any IPO Shares placed by it.