Time to Adjust in New Position Sample Clauses

Time to Adjust in New Position. An employee who, as a result of displacement assumes a new position, shall be placed on probation in accordance with Article 9.
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Time to Adjust in New Position a) An employee, who, as a result of lay-off assumes a new position, shall be allowed 481 hours to familiarize herself with the new duties. b) If during the familiarization period the parties determine that the bump was inappropriate, options will be reviewed with the Employee and the Employer to resolve the issue with the last resort being a return to the bumping process to determine a more appropriate bump.
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Time to Adjust in New Position. An employee who, as a result of displacement assumes a new position, shall be placed on probation. In the event he does not successfully complete the probationary period or if he so chooses, he will be placed on the re-employment list or within two (2) working days may choose one of the other options as stated on layoff. In any case, the employee will not have another displacement option.
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Time to Adjust in New Position i) An employee who, as a result of a reduction in staff, assumes a new position, shall be allowed the minimum of the probationary period of the classification to familiarize himself with his new duties. ii) If, during the familiarization period, the parties determine that the bump was inappropriate, the options will be reviewed with the employee and the Employer to resolve the issue with the last resort being a return to the bumping process to determine a more appropriate bump.
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Time to Adjust in New Position. An Employee who, as a result of a reduction in staff, assumes a new position, shall be allowed the minimum of the probationary period of the classification to familiarize himself with his new duties.
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Time to Adjust in New Position. A permanent employee, who, as a result of a reduction in staff, assumes a new position, shall be allowed the minimum of the probationary period for that occupation to familiarize himself with the new duties. If, during the familiarization period, the parties determine that the bump was inappropriate, options will be reviewed with the employee and Employer to resolve the issue with the last resort being a return to the bumping process to determine a more appropriate bump.
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Time to Adjust in New Position. An employee who bumps is subject to an Assessment Period of three (3) months as per clause 5.
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Related to Time to Adjust in New Position

  • Exceptions to Adjustment of Exercise Price No adjustment to the Exercise Price will be made (i) upon the exercise of any warrants, options or convertible securities granted, issued and outstanding on the date of issuance of this Warrant; (ii) upon the grant or exercise of any stock or options which may hereafter be granted or exercised under any employee benefit plan, stock option plan or restricted stock plan of the Company now existing or to be implemented in the future, so long as the issuance of such stock or options is approved by a majority of the independent members of the Board of Directors of the Company or a majority of the members of a committee of independent directors established for such purpose; or (iii) upon the exercise of the Warrants.

  • Other Provisions Applicable to Adjustments The following provisions shall be applicable to the making of adjustments of the number of shares of Common Stock into which this Warrant is exercisable and the Current Warrant Price provided for in Section 4:

  • Other Provisions Applicable to Adjustments Under this Section 4. The following provisions shall be applicable to the making of adjustments in the Warrant Price hereinbefore provided in Section 4:

  • Cancellation or Adjustment of Global Note At such time as all beneficial interests in a Global Note have either been exchanged for Definitive Notes, redeemed, purchased or canceled, such Global Note shall be returned to the Depository for cancellation or retained and canceled by the Trustee. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for certificated Notes, redeemed, purchased or canceled, the principal amount of Notes represented by such Global Note shall be reduced and an adjustment shall be made on the books and records of the Trustee (if it is then the Notes Custodian for such Global Note) with respect to such Global Note, by the Trustee or the Notes Custodian, to reflect such reduction.

  • Cancellation and/or Adjustment of Global Securities At such time as all beneficial interests in a particular Global Security have been exchanged for Certificated Securities or a particular Certificated Security has been redeemed, repurchased or canceled in whole and not in part, each such Global Security will be returned to or retained and canceled by the Trustee in accordance with Section 311 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Security is exchanged for or transferred to a Person who will take delivery thereof in the form of a beneficial interest in another Global Security or for Certificated Securities, the principal amount of Securities represented by such Global Security will be reduced accordingly and an endorsement will be made on such Global Security by the Trustee or by the Depositary at the direction of the Trustee to reflect such reduction; and if the beneficial interest is being exchanged for or transferred to a Person who will take delivery thereof in the form of a beneficial interest in another Global Security, such other Global Security will be increased accordingly and an endorsement will be made on such Global Security by the Trustee or by the Depositary at the direction of the Trustee to reflect such increase.