Central Recall Pool Sample Clauses
The Central Recall Pool clause establishes a centralized mechanism for managing the recall of securities or assets that have been loaned or distributed. In practice, this clause typically designates a specific pool or account where recalled items are returned, and outlines the procedures for how and when such recalls are initiated and processed. By centralizing the recall process, the clause ensures efficient coordination, reduces administrative complexity, and minimizes the risk of miscommunication or delays during the recall of assets.
Central Recall Pool. 1. The University will maintain a current list of all employees who are in the central recall pool. The University will provide the Union with a monthly update of the list. Laid off employees may elect to receive the following:
a. Assistance in creating or updating a resume or statement of personal qualifications
b. Instruction on and access to the University’s job postings and job posting web site (including Morningside and Harlem Hospital vacancies)
c. Information about how to apply for positions for which the employee is qualified and interested
d. Individual counseling