Buyouts. Amend Article 52 and move to New Letter of Understanding The Company will make available to all employees a voluntary buyout as per the following Buyout Schedule. The employees accepting the buyout shall be deemed to have terminated their services with the Employer and will have no right of recall or re-employment with the Employer. Calculation of the amount of the buyout as indicated below shall be based on a calculation of average weekly hours. For this purpose, the average number of hours will be based on hours worked or paid over the previous fifty-two (52) weeks prior to the buyout offer. Periods of time during which an employee was on maternity leave, parental leave, adoption leave or WCB benefits, will not be counted as time worked for the purpose of calculating the average. The Employer reserves the right to make the final determination as to the number of employees who may participate in the program and their departure dates. The Union will be provided with a list of successful applicants. A minimum of one hundred and fifty(150) buyouts will be offered to eligible applicants. Memorandum Note: Buyouts now available to all members, not just Specialists. Minimum of 100 will be offered. LETTER OF UNDERSTANDING #1 Amend Letter of Understanding #1 - Delete reference to ERC ERC / Additional Department Managers LETTER OF UNDERSTANDING #2 Amend Letter of Understanding #2; Update current roster The parties agree that the current roster of Retail Departmental Managers includes the following: Front End Department Manager, Deli Department Manager, Home Meal Replacement Department Manager, Meat Department Manager. Seafood Department Manager, Bakery Department Manager, Grocery Department Managers, Produce Department Managers, Bulk Foods Department Manager, Xxx Apparel Department Manager HABA Department Manager, Bakery Sales Department Manager, Right Hand Side Department Manager, Pharmacy Department Manager, Natural Value Department Manager, Optical Department Manager, SAP/PI Department Manager LETTER OF UNDERSTANDING #3 Renew Letter of Understanding #3- Health and Safety Committee- Retail LETTER OF UNDERSTANDING #4 Renew Letter of Understanding #4- Section 50 of LRC. LETTER OF UNDERSTANDING #5 Amend & Renew: Letter of Understanding #5 (5) Courtesy Clerks
Buyouts. Number to be determined.
Buyouts. The Board, at its discretion, may offer and grant buyout options to teachers. The granting of such buyouts does not constitute a "prior practice" situation or otherwise obligate the Board to continue the offer.
Buyouts. The Employer will make available to all Legacy (GF) employees a voluntary buyout as per the following Buyout Schedule. The employees accepting the buyout shall be deemed to have terminated their services with the Employer and will have no right of recall or re-employment with the Employer. Calculation of the amount of the buyout as indicated below shall be based on a calculation of average weekly hours. For this purpose, the average number of hours will be based on hours worked or paid over the previous fifty-two (52) weeks prior to the buyout offer. Periods of time during which an employee was on maternity leave, parental leave, adoption leave or WCB benefits, will not be counted as time worked for the purpose of calculating the average. The Employer reserves the right to make the final determination as to the number of employees who may participate in the program and their departure dates.
Buyouts. A buyout is when a Resident pays an additional fee to not have a roommate in a double- occupancy housing unit. Buyouts are not guaranteed and typically offered to Residents who are in a double-occupancy room by themselves once the semester has begun, in September and January, if space allows. Buyouts are not available in all buildings or for all room types.
Buyouts. The Employer will make available to all Food Specialists and GM Specialists a voluntary buyout as per the following Buyout Schedule. The employees accepting the buyout shall be deemed to have terminated their services with the Employer and will have no right of recall or re-employment with the Employer. Calculation of the amount of the buyout as indicated below shall be based on a calculation of average weekly hours. For this purpose, the average number of hours will be based on hours worked or paid over the previous fifty- two (52) weeks prior to the buyout offer. Periods of time during which an employee was on maternity leave, parental leave, adoption leave or WCB benefits, will not be counted as time worked for the purpose of calculating the average. The Employer reserves the right to make the final determination as to the number of employees who may participate in the program and their departure dates. The Union will be provided with copies of all buyout applications and offers made by the Company. A minimum of two hundred fifty (250) buyouts will be offered to eligible applicants, with a minimum of one hundred (100) applicants in the first eighteen (18) months following ratification.
Buyouts. The Employer will make available to all Grandfather employees a voluntary buyout. The employees accepting the buyout shall be deemed to have terminated their services with the Employer and will have no right of recall or re-employment with the Employer. Calculation of the amount of the buyout as indicated below shall be based on a calculation of average weekly hours. For this purpose, the average number of hours will be based on hours worked or paid over the previous fifty-two (52) weeks prior to the buyout offer. Periods of time during which an employee was on maternity leave, parental leave, adoption leave or WCB benefits, will not be counted as time worked for the purpose of calculating the average. The Employer reserves the right to make the final determination as to the number of employees who may participate in the program and their departure dates.
Buyouts. An alternative workload may be arranged when Full-Time Faculty Members obtain documented, sufficient research funding that can be applied to offset the costs of suitable teaching replacements to the extent the grant permits. Such arrangements, which shall be at no additional costs to the College, require the approval of the Department Chair, the VPAD, and the Principal. Funds should be paid directly to the College from the granting agency.
Buyouts. An alternative workload may be arranged when Full-Time Faculty Members obtain documented, sufficient research funding that can be applied to offset the costs of suitable teaching replacements to the extent the grant permits. Such arrangements, which shall be at no additional costs to King’s, require the approval of the Department Chair, the VPAD, and the President. Funds should be paid directly to King’s from the granting agency.
Buyouts. Considering that some Visual Content might be subject to a buyout, the Artist hereby grants to TFA the right to negotiate a buyout for any of his Selected Visual Content; however, any buyout must be approved by the Artist before completion.
