Grandfathered Positions Sample Clauses

Grandfathered Positions a. Those bargaining unit members assigned an extra compensation position during the 1993-94 school year, whose extra compensation would be less using the percentage schedule, will be grandfathered on the schedule in effect during the 1993-94 school year. The 1993-94 schedule will be “frozen” and extra compensation will remain at this level until their assignment reaches an equal or higher amount on the new extra compensation schedule. When extra compensation has been eliminated for an assignment, grandfathering will continue as long as the bargaining unit member continues to hold that position with the exception of the music bargaining unit members who are grandfathered on another set of criteria.
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Grandfathered Positions. The following positions are considered to be grandfathered positions and all references have been removed from the Collective Bargaining Agreement. CAO clerks Lead Night Stock Clerks, except in stores with a total sales volume excluding fuel of $310,000 or above. Cosmetician Chefs (Meat) Seafood Manager Journeyman/Boxman Employees in these grandfathered positions will continue to receive the rates of pay outlined in the bargaining agreement and/or premiums as long as the employee remains in the position.
Grandfathered Positions. The following positions are considered to be grandfathered positions and all references have been removed from the bargaining agreement. Employees in this grandfathered position will continue to receive the rates of pay outlined in the bargaining agreement and/or premiums as long as the employee remains in the position: Receiving Clerks Journeyman Meat Cutters Journeyman Meat Cutters will be Grandfathered and their rate of payred circled”. In the event a Meat Manager steps down or is demoted from their position, they will be placed in the classification from which they came prior to being assigned as Meat Manager. In the event of a layoff, reduction of hours, and store closing, seniority will apply. (For these purposes, seniority will be defined to provide Grandfathered Journeyman and Meat Clerks to be in the same classification.) If a Journeyman Meat Cutter is laid off and recalled at a later date, he will be returned to the rate of pay he was at prior to being laid off.
Grandfathered Positions. The Parties previously agreed to designate positions 6103 and 994 at Platinum Presidential status. However, because of various delays in integrating these positions into Mannatech's Enterprise computer system ("Enterprise") for reasons beyond Mannatech's control and without an admission of liability, the Parties have agreed that Mannatech shall designate ("grandfather") positions 268, 328, 741, and 947 at Platinum Presidential status (collectively "Grandfathered Positions") effective Business Period 1 (2002). Xxxxxxx understands and agrees that the Grandfathered Positions will not be entered into the Enterprise until on or about February 2002, and any and all commissions then due will be automatically generated through Enterprise. Xxxxxxx shall properly pay, when due, any and all tax liability resulting from and due any taxing authority on account of the effect of this Agreement, and shall indemnify and hold Mannatech harmless from the same.

Related to Grandfathered Positions

  • Elective Deferrals An Employee will be eligible to become a Contributing Participant in the Plan (and thus be eligible to make Elective Deferrals) and receive Matching Contributions (including Qualified Matching Contributions, if applicable) after completing 1 (enter 0, 1 or any fraction less than 1) Years of Eligibility Service.

  • Death After Separation from Service But Before Benefit Distributions Commence If the Executive is entitled to benefit distributions under this Agreement, but dies prior to the commencement of said benefit distributions, the Bank shall distribute to the Beneficiary the same benefits that the Executive was entitled to prior to death except that the benefit distributions shall commence within thirty (30) days following receipt by the Bank of the Executive’s death certificate.

  • Deferrals If permitted by the Company, the Participant may elect, subject to the terms and conditions of the Plan and any other applicable written plan or procedure adopted by the Company from time to time for purposes of such election, to defer the distribution of all or any portion of the shares of Common Stock that would otherwise be distributed to the Participant hereunder (the “Deferred Shares”), consistent with the requirements of Section 409A of the Code. Upon the vesting of RSUs that have been so deferred, the applicable number of Deferred Shares shall be credited to a bookkeeping account established on the Participant’s behalf (the “Account”). Subject to Section 5 hereof, the number of shares of Common Stock equal to the number of Deferred Shares credited to the Participant’s Account shall be distributed to the Participant in accordance with the terms and conditions of the Plan and the other applicable written plans or procedures of the Company, consistent with the requirements of Section 409A of the Code.

  • Post-Retirement Benefits The present value of the expected cost of post-retirement medical and insurance benefits payable by the Borrower and its Subsidiaries to its employees and former employees, as estimated by the Borrower in accordance with procedures and assumptions deemed reasonable by the Required Lenders is zero.

  • Supplemental Retirement Benefits The terms and conditions for the payment of supplemental retirement benefits are set forth in a separate written agreement between the parties.

  • Termination After a Change in Control You will receive Severance Benefits under this Agreement if, during the Term of this Agreement and after a Change in Control has occurred, your employment is terminated by the Company without Cause (other than on account of your Disability or death) or you resign for Good Reason.

  • Excess Compensation For purposes of Option (f), (g) or (h), "Excess Compensation" means Compensation in excess of the following Integration Level: (Choose (1) or (2))

  • Normal Retirement Benefits A Participant shall be entitled to receive the balance held in his or her account upon attaining his or her Normal Retirement Age or at such earlier dates as the provisions of this Article VI may permit. If a Participant elects to continue working past his or her Normal Retirement Age, he or she will continue as an active Participant. Unless the Employer elects otherwise in the Adoption Agreement, distribution shall be made to such Participant at his or her request prior to his or her actual retirement. Distribution shall be made in the normal form, or if elected, in one of the optional forms of payment provided below.

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