Order of Retention Sample Clauses

The Order of Retention clause establishes the priority or sequence in which a party, typically a service provider or professional, is formally engaged or retained by a client. In practice, this clause clarifies whether the engagement is exclusive or non-exclusive, and may specify if the provider is the primary or sole party responsible for delivering certain services. For example, it can state that the provider is the client's exclusive advisor for a particular transaction, or that the client may retain other advisors as well. The core function of this clause is to prevent misunderstandings about the provider's role and to allocate responsibility, ensuring both parties are clear on the terms of the engagement and any exclusivity involved.
Order of Retention. If the Board decides it is necessary to lay off Instructors because of financial exigency, program need will be the primary basis for determining which, if any, employees will be retained. Professional qualifications and roster placement are secondary factors to be considered in making decisions on employee retention.
Order of Retention. 1. If the District determines that a layoff is necessary, then it will determine the employees to be retained in the following order: a. Whether the employee(s) to be retained hold the proper license to fill the remaining position(s). b. The seniority of the employee(s) to be retained, and c. The competence of an employee being retained if the Board desires to lay off another employee with greater seniority.

Related to Order of Retention

  • Order of Recall Recalls shall be conducted in reverse order of the process by which layoffs are effected.

  • Order of Reduction The Total Payments shall be reduced in the following order: (i) reduction on a pro-rata basis of any cash severance payments that are exempt from Section 409A of the Code, (ii) reduction on a pro-rata basis of any non-cash severance payments or benefits that are exempt from Section 409A, (iii) reduction on a pro-rata basis of any other payments or benefits that are exempt from Section 409A, and (iv) reduction of any payments or benefits otherwise payable to Executive on a pro-rata basis or such other manner that complies with Section 409A; provided, in case of clauses (ii), (iii) and (iv), that reduction of any payments attributable to the acceleration of vesting of Company equity awards shall be first applied to Company equity awards that would otherwise vest last in time.

  • Order of Layoff Employees shall be laid off in order of seniority pursuant to Government Code Sections 19997.2 through 19997.7 and applicable State Personnel Board and Department of Personnel Administration rules.

  • Entire Agreement; Order of Precedence The Agreement sets forth the entire agreement and understanding of the parties relating to its subject matter and supersedes all prior and contemporaneous oral and written agreements. Any conflict between these terms and any supplementary terms is subject to the following order of precedence: (1) an Order, (2) the Business Unit Terms, and (3) this End User Agreement. Nothing contained in any Customer Purchase Order or other document submitted by Customer shall in any way add to or otherwise modify the Agreement or any Company license program terms under which an Order is submitted. The Business Unit Terms, Service Descriptions, Maintenance terms, Security Exhibit, or DPA may be updated by Company from time to time without notice (but will be identified by the last updated date). Customer's continued access to and use of the Products constitutes acceptance of the then-current terms.

  • Claims and Review Procedures 6.1 For all claims other than Disability benefits: