Substituting for a Colleague Clause Samples

Substituting for a Colleague. ‌ 1. No teacher shall be required to assume the responsibility of another teacher or other person. A teacher substituting for a colleague, upon request of the principal or his/her designee, shall be paid half the hourly rate for thirty (30) minutes or less, anything beyond 30 minutes shall be counted as one (1) hour and compensated at the hourly rate. The teacher must complete and submit a time sheet to the principal. 2. The principal shall create a rotation system. 3. Between two teachers, nothing herein shall preclude one teacher from extending a professional courtesy to a colleague by performing his/her assignment. The principal shall be notified of such an arrangement. 4. When a teacher must leave the building in the event of an unforeseen emergency which occurs in the morning, teachers shall assist the principal, without pay, in covering that teacher’s assignment to fill the gap until a substitute arrives. If a substitute cannot be located, teachers covering the assignment shall be compensated at the hourly rate. If the emergency occurs in the afternoon, teachers shall cover the assignment without pay.
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  • Distribution of Additional Shares, Rights, etc If the Company or any affiliate of the Company determines to make any issuance or distribution of (1) additional Shares, (2) rights to subscribe for Shares, (3) securities convertible into Shares, or (4) rights to subscribe for such securities (each a “Distribution”), the Company shall notify the Depositary in writing in English as promptly as practicable and in any event before the Distribution starts and, if requested in writing by the Depositary, the Company shall promptly furnish to the Depositary a written opinion from U.S. counsel for the Company that is reasonably satisfactory to the Depositary, stating whether or not the Distribution requires, or, if made in the United States, would require, registration under the Securities Act of 1933. If, in the opinion of that counsel, the Distribution requires, or, if made in the United States, would require, registration under the Securities Act of 1933, that counsel shall furnish to the Depositary a written opinion as to whether or not there is a registration statement under the Securities Act of 1933 in effect that will cover that Distribution. The Company agrees with the Depositary that neither the Company nor any company controlled by, controlling or under common control with the Company will at any time deposit any Shares, either originally issued or previously issued and reacquired by the Company or any such affiliate, unless a Registration Statement is in effect as to such Shares under the Securities Act of 1933 or the Company delivers to the Depositary an opinion of United States counsel, satisfactory to the Depositary, to the effect that, upon deposit, those Shares will be eligible for public resale in the United States without further registration under the Securities Act of 1933.

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