Probation Period and Related Matters Sample Clauses

The Probation Period and Related Matters clause establishes a defined initial period during which a new employee's performance and suitability for the role are evaluated. Typically, this clause outlines the length of the probation period, the criteria for assessment, and the rights of both employer and employee regarding termination or extension of the probation. For example, it may allow for easier dismissal or require specific feedback meetings during this time. Its core function is to provide a structured timeframe for both parties to assess fit and performance before confirming permanent employment, thereby reducing risk and ensuring clarity in the early stages of employment.
Probation Period and Related Matters. (a) Probation (i) A recruit to the Department shall be accepted as a Probationer Constable and shall be placed in a probationary capacity until successful completion of 18 months service following the date of enlistment. During the 18 month period the required basic training shall be successfully completed. Any period of service as a pre-recruit shall not be considered service for the purposes of the probationary period as set out in this subsection 14.2(a)(i). (ii) The probationary period shall be used for the purpose of determining a Probationer Constable's suitability for regular employment. During the probationary period the employment of a Probationer Constable may be terminated if it can be satisfactorily shown that the Probationer Constable is unsuitable for regular employment. (iii) Under special circumstances the Board may extend the probationary period with the consent of the Association. In the case where an extension is required the Board shall give written notice of the reasons for such extension first to the Association and then to the Probationer Constable. (iv) A Probationer Constable's suitability for regular employment shall be decided on the basis of factors such as his/her: 1) conduct; 2) quality of work; 3) ability to work harmoniously with others; and 4) ability to meet the operational and administrative standards set by the Board.
Probation Period and Related Matters. (a) Probation (i) A recruit to the Department shall be accepted as a Probationer Constable and shall be placed in a probationary capacity until successful completion of eighteen (18) months service following the date of enlistment subject to Section 13.2(a)(vi). During the eighteen (18) month period the required basic training shall be successfully completed. Any period of service as a pre-recruit shall not be considered service for the purposes of the probationary period as set out in this subsection 13.2(a)(i). (ii) The probationary period shall be used for the purpose of determining a Probationer Constable's suitability for regular employment. During the probationary period the employment of a Probationer Constable may be terminated if it can be satisfactorily shown that the Probationer Constable is unsuitable for regular employment. (iii) Under special circumstances the Board may extend the probationary period with the consent of the Association. In the case where an extension is required the Board shall give written notice of the reasons for such extension first to the Association and then to the Probationer Constable. (iv) A Probationer Constable's suitability for regular employment shall be decided on the basis of factors such as his/her: 1) conduct; 2) quality of work; 3) ability to work harmoniously with others; and 4) ability to meet the operational and administrative standards set by the Board. (v) If a Probationer Constable successfully completes the probationary period and continues in the same position as a regular Member, Seniority and Annual Leave benefits and other prerequisites referable to length of service shall date back to the date of enlistment. (vi) The Department may recognize previous Canadian police experience with other approved police departments for Probationary Constables who were not absent from active police work for longer than twelve (12) months immediately prior to being hired by the Department for purposed of: 1) ensuring their date of increment from their previous police department is recognized for increment eligibility and vacation entitlement only;
Probation Period and Related Matters. Effective the date of ratification of this Memorandum of Agreement, the Employer and the Union agree to amend (vi) 1) and add a new subsection (a)(vii) to Article 13.2 to read as follows:
Probation Period and Related Matters 

Related to Probation Period and Related Matters

  • Probation Period It is understood and agreed that the first ninety days of employment shall constitute a probationary period during which period the Employer may, in its absolute discretion, terminate the Employee's employment, for any reason without notice or cause.

  • Restriction Period and Vesting (a) The restrictions on the Award shall lapse on the earliest of the following: (i) with respect to one-fifth of the aggregate number of shares of Stock subject to the Award on February 19, 1998 and as to an additional one-fifth of such aggregate number of shares on each anniversary thereof during the years 1999 through 2002, inclusive, or (ii) in accordance with Section 6.8 of the Plan (the "Restriction Period"). (b) If the Holder's employment with the Company is terminated by the Company during the Restriction Period or by reason of the Holder's "Permanent and Total Disability" (as such term is defined in the Plan), or by reason of the Holder's voluntary resignation or retirement or his death, then any shares of Stock as to which restrictions have not lapsed shall be forfeited.

  • EFFECTIVE PERIOD AND TERMINATION OF THIS AGREEMENT (a) This Agreement shall not become effective until such time as it is fully executed by all parties hereto (the "Effective Date"). Subject to any early termination provisions below, this Agreement shall continue in full force and effect as to the Fund for a period of five years from the Effective Date. (b) Notwithstanding the foregoing, if (i) the Trustees of the Trust or the shareholders by the affirmative vote of a majority of the outstanding shares of the Fund, and (ii) a majority of the Trustees of the Trust who are not interested persons of the Trust or of the Adviser or of the Subadviser, by vote cast in person at a meeting called for the purpose of voting on such approval, do not specifically approve at least annually the continuance of this Agreement, then this Agreement shall automatically terminate at the close of business on the second anniversary of the Effective Date, or upon the expiration of one year from the effective date of the last such continuance, whichever is later. This Agreement may continue in effect following the fifth anniversary of the Effective Date only so long as such continuance is approved in accordance with applicable law. (c) Notwithstanding the foregoing, if the continuance of this Agreement is submitted to the shareholders of the Fund for their approval and such shareholders fail to approve such continuance of this Agreement as provided herein, the Subadviser may continue to serve hereunder in a manner consistent with the 1940 Act and the rules and regulations thereunder. (d) The Trust may at any time terminate this Agreement upon 60 days prior written notice delivered or mailed by registered mail, postage prepaid, to the Adviser and the Subadviser. Action by the Trust to effect such termination may be taken either (i) by vote of a majority of its Trustees, or (ii) by the affirmative vote of a majority of the outstanding shares of the Fund. (e) Either the Adviser or the Subadviser may at any time terminate this Agreement by not less than 60 days' written notice delivered or mailed by registered mail, postage prepaid, to the other party and the Fund. (f) Termination of this Agreement pursuant to this Section 5 shall be without the payment of any penalty by the Fund. Neither the Adviser nor the Trust shall use or refer in any way to the name of the Subadviser following the termination of this Agreement without the Subadviser's consent, except as may be required by law.

  • EFFECTIVE PERIOD AND TERMINATION OF THIS CONTRACT This Contract shall become effective upon its execution, and shall remain in full force and effect continuously thereafter (unless terminated automatically as set forth in Section 4) until terminated as follows: (a) Either party hereto may at any time terminate this Contract by not more than sixty days' written notice delivered or mailed by registered mail, postage prepaid, to the other party, or (b) If (i) the Trustees of the Trust or the shareholders by the affirmative vote of a majority of the outstanding shares of the Fund, and (ii) a majority of the Trustees of the Trust who are not interested persons of the Trust or of the Manager, by vote cast in person at a meeting called for the purpose of voting on such approval, do not specifically approve at least annually the continuance of this Contract, then this Contract shall automatically terminate at the close of business on the second anniversary of its execution, or upon the expiration of one year from the effective date of the last such continuance, whichever is later; provided, however, that if the continuance of this Contract is submitted to the shareholders of the Fund for their approval and such shareholders fail to approve such continuance of this Contract as provided herein, the Manager may continue to serve hereunder in a manner consistent with the Investment Company Act of 1940 and the rules and regulations thereunder. Action by the Trust under (a) above may be taken either (i) by vote of a majority of its Trustees, or (ii) by the affirmative vote of a majority of the outstanding shares of the Fund. Termination of this Contract pursuant to this Section 5 shall be without the payment of any penalty.

  • Effective Period and Termination The Servicer’s appointment as custodian shall become effective as of the Cutoff Date and shall continue in full force and effect until terminated pursuant to this Section 2.9. If the Servicer shall resign as Servicer under Section 7.6, or if all of the rights and obligations of the Servicer shall have been terminated under Section 8.1, the appointment of the Servicer as custodian hereunder may be terminated (i) by the Trust, with the consent of the Indenture Trustee, (ii) by the Holders of Notes evidencing not less than 25% of the Note Balance of the Controlling Class or, if the Notes have been paid in full, by the Holders of Certificates evidencing not less than 25% of the aggregate Certificate Percentage Interest or (iii) by the Owner Trustee, with the consent of the Holders of Notes evidencing not less than 25% of the Note Balance of the Controlling Class, in each case by notice then given in writing to the Depositor and the Servicer (with a copy to the Indenture Trustee and the Owner Trustee if given by the Noteholders or the Certificateholders). As soon as practicable after any termination of such appointment, the Servicer shall deliver, or cause to be delivered, the Receivable Files and the related accounts and records maintained by the Servicer to the Indenture Trustee, the Indenture Trustee’s agent or the Indenture Trustee’s designee, as the case may be, at such place as the Indenture Trustee may reasonably designate or, if the Notes have been paid in full, at such place as the Owner Trustee may reasonably designate.