VOLUNTARY RESTRICTION OF HOURS Sample Clauses

VOLUNTARY RESTRICTION OF HOURS. An employee may voluntarily restrict his or her hours to enable them to reduce hours worked without loss of seniority under the following conditions: 1. The employee must give the Employer at least two (2) weeks' notice of intent. 2. The employee is to stay in his or her job classification. 3. Restrictions must not be less than sixteen (16) hours per week. 4. Maximum hours must be specified by the employee and to be in increments of existing shifts. 5. Days worked must remain flexible and will be scheduled by the Employer. 6. The employee is to be scheduled by seniority until restriction hours are reached. 7. Subject to the operational requirements of the plant, the remaining hours shall be filled on a seniority basis, providing the employee is capable of and willing to perform the work. A person who occupies a posted position is not eligible to claim the remaining hours of any other posted job. 8. The restricted employee shall give the Employer at least two
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VOLUNTARY RESTRICTION OF HOURS. Full-time employees who voluntarily become part-time shall be placed on the Part- time seniority list based on their original hire date. In the event the employee who became part-time voluntarily returns to a full-time position by way of the job posting process, they will be placed on the full-time seniority list and assigned a new full-time seniority date as of the date the employee commenced the new full-time position.
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Related to VOLUNTARY RESTRICTION OF HOURS

  • Termination of Restrictions Except as set forth in Section 9.3 hereof, the restrictions imposed by this Section 9 upon the transferability of Restricted Securities shall cease and terminate as to any particular Restricted Securities: (a) which shall have been effectively registered under the Securities Act, or (b) when, in the opinions of both counsel for the holder thereof and counsel for the Company, such restrictions are no longer required in order to insure compliance with the Securities Act or Section 10 hereof. Whenever such restrictions shall cease and terminate as to any Restricted Securities, the Holder thereof shall be entitled to receive from the Company, without expense (other than applicable transfer taxes, if any), new securities of like tenor not bearing the applicable legends required by Section 9.1 hereof.

  • NONTRANSFERABILITY OF THE OPTION The Option may be exercised during the lifetime of the Optionee only by the Optionee or the Optionee's guardian or legal representative and may not be assigned or transferred in any manner except by will or by the laws of descent and distribution. Following the death of the Optionee, the Option, to the extent provided in Section 7, may be exercised by the Optionee's legal representative or by any person empowered to do so under the deceased Optionee's will or under the then applicable laws of descent and distribution.

  • Nontransferability of the Award Prior to the issuance of shares of Stock on the applicable Settlement Date, neither this Award nor any Units subject to this Award shall be subject in any manner to anticipation, alienation, sale, exchange, transfer, assignment, pledge, encumbrance, or garnishment by creditors of the Participant or the Participant’s beneficiary, except transfer by will or by the laws of descent and distribution. All rights with respect to the Award shall be exercisable during the Participant’s lifetime only by the Participant or the Participant’s guardian or legal representative.

  • Non-transferability of Interest None of the rights of Executive to receive any form of compensation payable pursuant to this Agreement shall be assignable or transferable except through a testamentary disposition or by the laws of descent and distribution upon the death of Executive. Any attempted assignment, transfer, conveyance, or other disposition (other than as aforesaid) of any interest in the rights of Executive to receive any form of compensation to be made by the Company pursuant to this Agreement shall be void.

  • Transferability of Option This Option is not assignable or transferable, in whole or in part, by the Optionee other than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option shall be exercisable only by the Optionee or, in the event of his or her disability, by his or her guardian or legal representative.