Placement Pool Clause Samples

A Placement Pool clause defines a designated group or reserve of securities, shares, or other assets that are set aside for allocation to specific parties, such as employees, investors, or underwriters, typically in the context of a financing or investment transaction. This clause outlines the size of the pool, eligibility criteria for participants, and the process by which allocations are made. Its core practical function is to ensure that there is a clear and predetermined mechanism for distributing these assets, thereby providing transparency and managing expectations among stakeholders.
Placement Pool. Employees who have been notified that they are under consideration for involuntary transfer due to declining enrollment in a building or program, changes in staffing ratio, or the reduction of a special program, school closures or changes in school boundaries who do not fill vacancies pursuant to Article 9, Sections 3, 4, 5, shall be placed in a placement pool. In addition, employees who were involuntarily transferred the previous year due to declining enrollment in a building or program, the reduction of a special program, school closures, or changes in school boundaries shall also be placed in the placement pool, provided written notice is given by the employee to the Human Resources Department prior to 15 June of the desire for such placement. After 31 July and prior to 1 October, the District will fill openings by involuntarily transferring employees who are in the placement pool. Nothing in this section shall preclude the District from hiring a person from outside the District when no employee in the pool is qualified for an opening.
View SourceView Similar (3)
Placement Pool. Employees will be notified annually between July 31 and October 1, and upon request, of their current status in the Placement Pool. Notification will contain all positions for which the employee is considered qualified. Promotional positions will be filled with qualified applicants from the Placement Pool by seniority. Employees can request to form a qualification plan with the manager/supervisor between October 1 and January 31 of each year, in an effort to qualify for a position in the Placement Pool.
View SourceView Similar (2)
Placement Pool. Employees who have been notified that they are under consideration for involuntary transfer due to declining enrollment in a building or program, changes in staffing ratio, or the reduction of a special program, school closures or changes in school boundaries who do not fill vacancies pursuant to Article 9, Sections 3, 4, 5, shall be placed in a placement pool. In addition, employees who were involuntarily transferred the previous year due to declining enrollment in a building or program, the reduction of a special program, school closures, or changes in school boundaries shall also be placed in the placement pool, provided written notice is given by the employee to the Human Resources Department prior to June 15th of the desire for such placement. During the period from June 15th to August 1st, all vacancies which are available in the District shall be advertised for approximately a two (2) week period by the Human Resources Department, in accordance with Article 9, Section 2. Only those employees who have been provided notice that they are under consideration for involuntary transfer, pursuant to Article 10, Section 2 of the Agreement shall be eligible to apply and be considered for such vacancies. After August 1st and prior to October 1st, the District will fill openings by involuntarily transferring employees who are in the placement pool. Nothing in this section shall preclude the District from hiring a person from outside the District when no employee in the pool is qualified for an opening.
View Source

Related to Placement Pool

  • Placement of DNS probes Probes for measuring DNS parameters shall be placed as near as possible to the DNS resolvers on the networks with the most users across the different geographic regions; care shall be taken not to deploy probes behind high propagation-­‐delay links, such as satellite links.

  • Purchaser Bears Economic Risk The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment until the Securities are sold pursuant to: (i) an effective registration statement under the Securities Act; or (ii) an exemption from registration is available with respect to such sale.

  • Secondary Market Trading Survey Until such time as the Public Securities are listed or quoted, as the case may be, on the New York Stock Exchange, the American Stock Exchange or quoted on the Nasdaq National Market, or until such earlier time upon which the Company is required to be liquidated, the Company shall engage ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ("GM"), for a one-time fee of $5,000 payable on the Closing Date , to deliver and update to the Underwriters on a timely basis, but in any event on the Effective Date and at the beginning of each fiscal quarter, a written report detailing those states in which the Public Securities may be traded in non-issuer transactions under the Blue Sky laws of the fifty States ("Secondary Market Trading Survey").

  • Placement of RDDS probes Probes for measuring RDDS parameters shall be placed inside the networks with the most users across the different geographic regions; care shall be taken not to deploy probes behind high propagation-­‐delay links, such as satellite links.

  • Placement of EPP probes Probes for measuring EPP parameters shall be placed inside or close to Registrars points of access to the Internet across the different geographic regions; care shall be taken not to deploy probes behind high propagation-­‐delay links, such as satellite links.