TRANSFER AND PLACEMENT Clause Samples

The "Transfer and Placement" clause governs the conditions and procedures under which employees may be moved from one position, department, or location to another within an organization. Typically, this clause outlines the criteria for transfers, such as employee qualifications, business needs, or seniority, and may specify whether transfers are voluntary or mandatory. It may also address how employees are notified and any rights or obligations they have during the process. The core function of this clause is to provide a clear framework for managing workforce changes, ensuring both organizational flexibility and fair treatment of employees.
TRANSFER AND PLACEMENT. (a) Unless the transfer is effected at the request of the teacher, and subject to the procedures in paragraph 21.03 below, the Board shall not transfer a teacher from one teaching assignment to another teaching assignment until there has been an opportunity for a meeting between the teacher concerned and the Principal and/or Vice Principal and/or Head of School for purposes of discussion of all the implications of such transfer as known to the parties, at least ten (10) school days prior to the transfer, except in the case of an emergency when only five (5) consecutive days notice of the transfer shall be required. (b) A teacher may choose not to have the meeting referred to in subparagraph 21.01(a) convened. (c) A transfer of a teacher not requested by the teacher shall not adversely affect the teacher's annual salary paid to him immediately prior to the date of the transfer as stated in the teacher's Contract of Employment pursuant to paragraph 6.02 herein so that if the effect of the transfer would otherwise be to cause the teacher's salary to be reduced, the Board shall, at the effective date of the transfer, continue to pay the teacher his salary in effect immediately prior to the transfer according to the appropriate salary grids in Article 8, provided that nothing there herein contained shall be construed to prevent a transfer from increasing the teacher's annual salary. 21.02 The following procedures shall govern when a vacancy occurs in the system: (a) The Board shall, not later than May 31, post a list of known vacancies which will exist in The Ottawa Jewish Community School as of the next 1st of September. The Board shall advise of all vacancies and new positions as they occur during the year to OJCSTA. (b) All teachers, including those returning from leave of absence, may apply for the vacancies published by the Board. (c) The Board shall give preference to applicant employees considered qualified and capable to fill the position concerned. (d) Where a teacher employee has been selected by the Board to fill a vacancy, that teacher's former position in turn shall be declared vacant and posted by the Board as a vacancy as soon as possible. (e) All teachers on staff at the end of the school year who will be employed by the Board for the next school year shall be given notice in writing from the Board of their tentative placement and teaching assignment at least ten (10) school days before the end of the term. (f) The Board shall prepare and post i...
View SourceView Similar (4)
TRANSFER AND PLACEMENT. It is agreed that if an employee is displaced due to technological change or new procedures, the employee will be given the opportunity to transfer to a current vacant position subject to the employee meeting the selection criteria established for the position, or exercise seniority in accordance with the lay-off provisions in their section of this Agreement.
View SourceView Similar (2)
TRANSFER AND PLACEMENT 
View Source

Related to TRANSFER AND PLACEMENT

  • Limitations on Execution and Delivery, Transfer, Surrender and Exchange of Receipts As a condition precedent to the execution and delivery, registration of transfer, split-up, combination, surrender or exchange of any Receipt, the Depositary, any of the Depositary’s Agents or the Company may require payment to it of a sum sufficient for the payment (or, in the event that the Depositary or the Company shall have made such payment, the reimbursement to it) of any charges or expenses payable by the holder of a Receipt pursuant to Section 5.7, may require the production of evidence satisfactory to it as to the identity and genuineness of any signature and may also require compliance with such regulations, if any, as the Depositary or the Company may establish consistent with the provisions of this Deposit Agreement and/or applicable law. The deposit of Stock may be refused, the delivery of Receipts against Stock may be suspended, the registration of transfer of Receipts may be refused and the registration of transfer, surrender or exchange of outstanding Receipts may be suspended (i) during any period when the register of stockholders of the Company is closed or (ii) if any such action is deemed necessary or advisable by the Depositary, any of the Depositary’s Agents or the Company at any time or from time to time because of any requirement of law or of any government or governmental body or commission or under any provision of this Deposit Agreement.

  • Limitations on Execution and Delivery, Transfer and Surrender of Receipts As a condition precedent to the execution and delivery, registration of transfer, split-up, combination or surrender of any Receipt or withdrawal of any Deposited Securities, the Depositary, Custodian or Registrar may require payment from the depositor of Shares or the presenter of the Receipt of a sum sufficient to reimburse it for any tax or other governmental charge and any stock transfer or registration fee with respect thereto (including any such tax or charge and fee with respect to Shares being deposited or withdrawn) and payment of any applicable fees as herein provided, may require the production of proof satisfactory to it as to the identity and genuineness of any signature and may also require compliance with any regulations the Depositary may establish consistent with the provisions of this Deposit Agreement, including, without limitation, this Section 2.6. The delivery of Receipts against deposits of Shares generally or against deposits of particular Shares may be suspended, or the transfer of Receipts in particular instances may be refused, or the registration of transfer of outstanding Receipts generally may be suspended, during any period when the transfer books of the Depositary are closed, or if any such action is deemed necessary or advisable by the Depositary or the Issuer at any time or from time to time because of any requirement of law or of any government or governmental body or commission, or under any provision of this Deposit Agreement, or for any other reason, subject to the provisions of Section 7.7 hereof. Notwithstanding any other provision of this Deposit Agreement or the Receipts, the surrender of outstanding Receipts and withdrawal of Deposited Securities may not be suspended subject only to (i) temporary delays caused by closing the transfer books of the Depositary or the Issuer or the deposit of Shares in connection with voting at a shareholders' meeting, or the payment of dividends, (ii) the payment of fees, taxes and similar charges, and (iii) compliance with any U.S. or foreign laws or governmental regulations relating to the Receipts or to the withdrawal of the Deposited Securities. Without limitation of the foregoing, the Depositary shall not knowingly accept for deposit under this Deposit Agreement any Shares required to be registered under the provisions of the Securities Act, unless a registration statement is in effect as to such Shares.

  • Form of Receipts Deposit of Shares Execution and Delivery Transfer and Surrender of Receipts SECTION 2.01. FORM AND TRANSFERABILITY OF RECEIPTS. SECTION 2.02. DEPOSIT OF SHARES. SECTION 2.03.

  • Sale of Placement Shares by Agent Subject to the provisions of Section 5(a), the Agent, for the period specified in the Placement Notice, will use its commercially reasonable efforts consistent with its normal trading and sales practices and applicable state and federal laws, rules and regulations and the rules of the NASDAQ Global Market (the “Exchange”), to sell the Placement Shares up to the amount specified, and otherwise in accordance with the terms of such Placement Notice. The Agent will provide written confirmation to the Company no later than the opening of the Trading Day (as defined below) immediately following the Trading Day on which it has made sales of Placement Shares hereunder setting forth the number of Placement Shares sold on such day, the compensation payable by the Company to the Agent pursuant to Section 2 with respect to such sales, and the Net Proceeds (as defined below) payable to the Company, with an itemization of the deductions made by the Agent (as set forth in Section 5(b)) from the gross proceeds that it receives from such sales. Subject to the terms of the Placement Notice, the Agent may sell Placement Shares by any method permitted by law deemed to be an “at the market” offering as defined in Rule 415 of the Securities Act Regulations, including without limitation sales made directly on the Exchange, on any other existing trading market for the Common Stock or to or through a market maker. Subject to the terms of a Placement Notice, the Agent may also sell Placement Shares by any other method permitted by law, including but not limited to in privately negotiated transactions. “Trading Day” means any day on which Common Stock is traded on the Exchange.

  • Transfer and Exchange of Warrants The Warrant Holder, by acceptance hereof, agrees to give written notice to the Company before transferring this Warrant or transferring any Warrant Stock issuable or issued upon the exercise hereof of such Warrant Holder’s intention to do so, describing briefly the manner of any proposed transfer of this Warrant or such Warrant Holder’s intention as to the disposition to be made of shares of Warrant Stock issuable or issued upon the exercise hereof. For any proposed transfer other than a transfer to an affiliate (as defined by Rule 405 of Regulation C under the Securities Act of 1933, as amended) of the Warrant Holder, such Warrant Holder shall also provide the Company with an opinion of counsel reasonably satisfactory to the Company to the effect that the proposed transfer of this Warrant or disposition of shares may be effected without registration or qualification (under any Federal or State law) of this Warrant or the shares of Warrant Stock issuable or issued upon the exercise hereof. Upon receipt by the Company of such written notice and, for transfers to non-affiliates, opinion of counsel, such Warrant Holder shall be entitled to transfer this Warrant, or to exercise this Warrant in accordance with its terms and dispose of the shares received upon such exercise or to dispose of shares of Warrant Stock received upon the previous exercise of this Warrant, all in accordance with the terms of the notice delivered by the Warrant Holder to the Company, provided that an appropriate legend respecting the aforesaid restrictions on transfer and disposition may be endorsed on this Warrant or the certificates for such shares. Notwithstanding the foregoing, upon registration of the Warrant Shares under the Securities Act, no such opinion shall be required.