Upon Reclassification Sample Clauses

Upon Reclassification. (a) Where an employee occupies a position which is reclassified because of a change of duties, resulting in its inclusion in a classification having a higher maximum salary, the employee shall receive: (i) The minimum of the new range where that minimum is more than eight percent (8%) above the employee’s present salary; or (ii) Eight percent (8%) where the employee’s salary on reclassification does not exceed the maximum of the range for the new classification, or is the same as or more than the minimum but less than the maximum salary for the new class; (iii) Where application of Clause (ii) above would provide for reclassification exceeding the maximum of the range for the position, the maximum rate in the range. (b) Where an employee occupies a position which is reclassified resulting in its inclusion in a classification having a maximum salary the same as that previously applicable to the position, the salary payable to the employee shall remain unchanged. (i) Where an employee occupies a position which upon reclassification results in the position having a maximum salary less than that previously applicable to the position, the salary payable to the employee shall remain at their current applicable rate. (ii) The employee shall be eligible for any subsequent economic adjustments or merit increases.
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Upon Reclassification. Where an employee occupies a position that is reclassified because of a change of duties, resulting in its inclusion in a class having a higher maximum salary, the employee shall receive:
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Upon Reclassification. (1) Where an employee occupies a position that is reclassified because of a change of duties, resulting in its inclusion in a class having a higher maximum salary, the employee shall receive: (a) the minimum of the new range where that minimum is more than 8% above his/her present salary; or (b) 8% where his/her salary on reclassification does not exceed the maximum of the range for the new class; or (c) where the application of (b) above would provide for reclassification exceeding the maximum of the range for the position, the maximum rate in the range. (2) Where an employee occupies a position which is reclassified resulting in its inclusion in a class having a maximum salary the same as that previously applicable to the position, the salary payable to the employee shall remain unchanged.
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Upon Reclassification. A. Where an Employee occupies a position which is reclassified, resulting in a higher classification, the Employee shall receive at least: (i) step 1 of the new classification, if the Employee’s salary prior to reclassification is less than that amount; or, (ii) the corresponding salary plus one step on the new grid where the Employee’s salary prior to reclassification is the same as or more than the minimum of that new grid. B. Where an Employee occupies a position which is reclassified resulting in a classification that has the same corresponding grid as the Employee’s position prior to reclassification, the salary payable to the Employee shall normally remain unchanged. C. Where an Employee occupies a position which is reclassified resulting in a lower classification, (i) the Employee shall be placed on the step of the lower grid which corresponds to their salary prior to reclassification, resulting in no change to actual salary to be paid to the Employee; or, (ii) where there is no step on the lower grid that corresponds to the salary the Employee has been receiving prior to reclassification, the Employee shall remain on their current grid. The Employee shall receive general negotiated increases to the salary schedule, however, will not receive any annual increments. D. The effective date of any salary adjustment due to reclassification will normally be the date a written job description is received in the Department of Human Resources.
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Upon Reclassification. (a) Where an employee occupies a position that is reclassified because of a change of duties, resulting in its inclusion in a level having a higher maximum salary, the employee shall receive (i) the minimum of the new range where that minimum is more than 8% above their present salary; or (ii) 8% where their salary is the same as or more than the minimum but less than the maximum salary for the new class; (iii) the maximum rate in the range, where the application of (ii) above would provide for reclassification exceeding the maximum of the range for the position. (b) Where an employee occupies a position that is reclassified resulting in its inclusion in a level having a maximum salary the same as that previously applicable to the position, the salary payable remains unchanged. (c) Notwithstanding Article 26.01, where an employee occupies a position that is reclassified to a level having a salary range the maximum rate of which is less than the maximum rate of the previously applicable range (i) the rate of pay of the employee shall remain the same, until changed in accordance with this section; (ii) the anniversary date of the employee shall remain the same; (iii) the employee shall continue to be eligible for salary rate increases based on merit and economic adjustments, up to the maximum salary rate in effect for the old level at the time of the reclassification; and (iv) the employee shall not be eligible for further salary rate increases beyond those for which Paragraph (iii) provides until the maximum salary rate for the new level exceeds the employee’s salary rate.
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Upon Reclassification. (a) Where an employee occupies a position that is reclassified because of a change of duties, resulting in its inclusion in a class having a higher maximum salary, the employee shall receive: (i) the minimum of the new range where that minimum is more than 8% above his/her present salary; or
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Upon Reclassification. (i) An employee whose position is reclassified to a higher level in the bargaining unit shall be placed at a Step which gives them at least a four percent (4%) salary increase. (ii) An employee whose position is reclassified to a lower level in the bargaining unit, through no fault of his own, shall continue to receive his current salary until such time as the reclassified salary exceeds his current salary. (iii) The effective date of any salary adjustment due to reclassification shall be the date the reclassification request is received by Human Resources.
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Upon Reclassification. Where an employee occupies a position which is reclassified because of a change of duties, resulting in its inclusion in a class having a higher maximum salary, the employee shall receive: minimum of new range that minimum is more than above present salary; or his/her salary on does not exceed the maximum of the range for the new class; or an employee occupies a position which is reclassified resulting in its inclusion in a class having a maximum salary the same as that previously applicable to the position, the salary payable to the employee shall remain unchanged. The salary range payable to the employee shall remain unchanged.
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Upon Reclassification. Where an employee occupies a position which is reclassified because of a change of duties, resulting in its inclusion in a classification having a higher maximum salary, the employee shall receive: The minimum of the new range where that minimum is more than eight percent (8%) above the employee’s present salary; or Eight percent (8%) where the employee’s salary on reclassification does not exceed the maximum of the range for the new classification, or is the same as or more than the minimum but less than the maximum salary for the new class; Where application of Clause above would provide for reclassification exceeding the maximum of the range for the position, the maximum rate in the range. Where an employee occupies a position which is reclassified resulting in its inclusion in a classification having a maximum salary the same as that previously applicable to the position, the salary payable to the employee shall remain unchanged. Where an employee occupies a position which upon reclassification results in the position having a maximum salary less than that previously applicable to the position, the salary payable to the employee shall remain at current applicable rate. The employee shall be eligible for any subsequent economic adjustments or merit increases.
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Related to Upon Reclassification

  • Reclassification, etc If the Borrower at any time shall, by reclassification or otherwise, change the Common Stock into the same or a different number of securities of any class or classes, this Note, as to the unpaid principal portion thereof and accrued interest thereon, shall thereafter be deemed to evidence the right to purchase an adjusted number of such securities and kind of securities as would have been issuable as the result of such change with respect to the Common Stock immediately prior to such reclassification or other change.

  • Classification and Reclassification It is understood and agreed that any Lien, sale, lease or other disposition of assets, Dividend, Indebtedness, Investment, Affiliate transaction or prepayment of Indebtedness need not be permitted solely by reference to one category of permitted Lien, sale, lease or other disposition of assets, Dividend, Indebtedness, Investment, Affiliate transaction or prepayment of Indebtedness under Sections 10.01, 10.02, 10.03, 10.04, 10.05, 10.06 and 10.07(a), respectively, but may instead be permitted in part under any combination thereof (it being understood that Lead Borrower may utilize amounts under any category that is subject to any financial ratio or test, including the Consolidated First Lien Net Leverage Ratio, Consolidated Fixed Charge Coverage Ratio, Consolidated Secured Leverage Ratio or Consolidated Total Net Leverage Ratio, prior to amounts under any other category). For purposes of determining compliance at any time with Sections 10.01 and 10.04, in the event that any Lien or Indebtedness meets the criteria of more than one of the categories of transactions or items permitted pursuant to any clause of such Sections 10.01 and 10.04, Lead Borrower, in its sole discretion, may, from time to time, classify or reclassify such transaction or item (or portion thereof) and will only be required to include the amount and type of such transaction (or portion thereof) in any one category. Reclassifications of any utilization of the Incremental Amount shall occur automatically to the extent set forth in the definition thereof.

  • Reclassification If the Company, by reclassification of securities or otherwise, shall change any of the securities as to which purchase rights under this Warrant exist into the same or a different number of securities of any other class or classes, this Warrant shall thereafter represent the right to acquire such number and kind of securities as would have been issuable as the result of such change with respect to the securities that were subject to the purchase rights under this Warrant immediately prior to such reclassification or other change, and the Purchase Price therefor shall be appropriately adjusted, all subject to further adjustment as provided in this Section 4. No adjustment shall be made pursuant to this Section 4.3 upon any conversion or redemption of the Common Stock which is the subject of Section 4.5.

  • Reclassification of Shares If the Company at any time shall, by combination, reclassification, exchange or subdivision of securities or otherwise, change any of the securities as to which purchase rights under this Warrant Agreement exist into the same or a different number of securities of any other class or classes, this Warrant Agreement shall thereafter represent the right to acquire such number and kind of securities as would have been issuable as the result of such change with respect to the securities which were subject to the purchase rights under this Warrant Agreement immediately prior to such combination, reclassification, exchange, subdivision or other change.

  • Reclassification Procedure a. A completed Position Description Form and written explanation for a proposed reclassification request shall be submitted to the Agency Personnel Office. b. Agency shall review and verify the duties assigned to the position. Within thirty (30) days after receipt of reclassification request, the Agency shall notify the Union of its findings. If the findings indicate reclassification, the Agency shall decide to seek approval if necessary or remove duties.