Buyouts Clause Samples

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. 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 may offer voluntary buyouts that do not violate any provision of the Agreement.

Buyouts. Amend Article 52 and move to New Letter of Understanding LETTER OF UNDERSTANDING #1 LETTER OF UNDERSTANDING #2 Amend Letter of Understanding #2; Update current roster 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 5. It is understood that Courtesy Clerks are excluded from the guarantee calculations but are eligible to receive guarantees. If the Company exceed the ten percent (10%) indicated above in a week, hours in excess of ten percent (10%) shall be paid at the rate of fifteen dollars ($15.00) per hour to the most senior Food Specialist(s).

Buyouts. Number to be determined.

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. If in any Year, Capstar or Gulfstar shall sell to a person or entity that is not a Subsidiary of Capstar or Gulfstar the license of a Station or Stations representing 10% or less of Total Gross Bill▇▇▇▇ ▇▇ the prior Year: (a) if such sale occurs in Years 1997, 1998 or 1999, the date contained in paragraphs 5(c) and 5(d) of the New Agreements for the representation of such transferred Station or Stations shall be amended prior to the sale of such Station or Stations to the date which is four years after the date of this Master Agreement; (b) if such sale occurs in Year 2000, 2001 or 2002, the date contained in paragraphs 5(c) and 5(d) of the New Agreements for the representation of such transferred Station or Stations shall be amended to a date which is six years after the date of this Master Agreement; and (c) if such sale occurs thereafter, the dates contained in paragraphs 5(c) and 5(d) of the New Agreements for the representation of such Station or Stations shall be amended to a date which is eight years after the date of this Master Agreement. Capstar or Gulfstar, as applicable, and the KRG Firm representing the Station being sold or transferred shall amend the New Agreement to carry out the intent and purpose of this Section 5.4 on the date the sale is consummated.

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. 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.