Interim Appointment Sample Clauses

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Interim Appointment. (a) It is understood that the Board may fill a vacancy on an interim basis, whenever a need arises, for a period of time not to exceed sixty (60) days. (b) Experience gained as an interim appointee shall not be considered as additional qualification for the open position.
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Interim Appointment. The temporary appointment of a negotiations unit employee to another position for which no regular incumbent exists (e.g. vacant position or position which has not previously existed), due to the business needs of the school or operating unit. Acting and interim appointments shall be consistent with University Policy 60.9.35 “Acting Appointments and Interim Appointments.”
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Interim Appointment. An interim appointment is one where an ASF Member is temporarily assigned to fill a vacant position.
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Interim Appointment. The Company shall be entitled: 16.1 during the whole or part of any period of notice to terminate the Executive's employment served by either party; and/or 16.2 if the Executive is absent from work as a result of sickness or injury or other leave for more than 90 consecutive days, for the period of continued absence, to appoint another person or persons to hold the same or similar job title on an interim basis and to carry out all or any of the Executive's duties instead of him.
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Interim Appointment. Effective as of the Effective Date and in lieu of the titles presently provided in the Employment Agreement, the Employee is appointed as Interim CEO of the Employer to serve in such capacity until the earliest of the following to occur: (A) his permanent appointment to the position of Chief Executive Officer of the Employer (“CEO”) by the Board of Directors of the Employer (the “Board”), (B) the appointment by the Board of another individual to serve as CEO in an interim or permanent capacity, and (C) his termination of employment as Interim CEO (the “Interim Period”). In such interim position, the Employee shall report directly to the Board, and shall have such duties and responsibilities and be granted such authority as are customarily imposed on a CEO, except to the extent otherwise set forth in the by-laws of the Employer and applicable controlling law or except as otherwise reasonably imposed upon him by the Board.
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Interim Appointment. Effective October 10, 2006 and in lieu of the titles presently provided in the Amended Agreement, the Executive is appointed as interim (i) President and CEO of SBI and (ii) CEO of the Bank, to serve in such capacities until the earliest of the following to occur: (A) his permanent1 appointment to the position of CEO of SBI by the Board of Directors of SBI, (B) the appointment by the Board of Directors of SBI of another individual to serve as CEO of SBI in an interim or permanent capacity, and (C) his termination of employment as CEO of SBI (the “Interim Period”). In such interim positions, the Executive shall report, with respect to SBI, directly to the co-lead directors of SBI and, with respect to the Bank, to directors P. M▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, J▇▇▇ ▇▇▇▇▇▇▇▇▇ I▇▇▇▇▇▇▇ or otherwise as the Bank Board shall designate, and shall have such duties and responsibilities and be granted such authority as are customarily imposed on a CEO, except to the extent otherwise set forth in the by-laws of SBI and the Bank and applicable controlling law or except as otherwise reasonably imposed upon him by the respective Boards of SBI and the Bank. In the event the Executive is not permanently appointed to the position of CEO of SBI, his appointment to the positions he held prior to his interim appointments (or more senior positions) with the same titles and reporting lines shall not result in a change in title, duties, or responsibilities or otherwise constitute “Good Reason” under the Section 5(a) of the Agreement, unless his titles, duties, responsibilities, authority or reporting lines are reduced or otherwise adversely affected relative to such titles, duties, responsibilities, authority and reporting lines as in effect immediately prior to his appointments to such interim positions. Except as otherwise explicitly set forth in this Amendment #2, if Executive’s titles, duties, responsibilities, authority or reporting lines are 1 For purposes of this Amendment #2, the reference to a “permanent” appointment is not intended to mean an appointment for life, but rather as an appointment for a limited term of at least three years. reduced or otherwise adversely affected relative to such titles, duties, responsibilities, authority and reporting lines as in effect immediately prior to his appointments to such interim positions, Executive’s rights (including Executive’s rights upon a Change in Control) shall be determined under the Amended Agreement.
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Interim Appointment. 13.3.1 The District agrees to provide an opportunity for qualified bargaining unit members to work in “acting status” in preference to hiring substitutes from outside the bargaining unit for interim appointments. Interim appointments shall include vacancies or unpaid leaves of absences of three (3) months or more created by permanent, regular employees who have been granted any leaves under this Agreement. A bargaining unit member who wishes to work in an “acting status” must notify the Human Resources Department within ten (10) days of the interim appointment being posted at all work sites. If two (2) or more bargaining unit members wish to work in an acting status for the same position, the employee with the greatest District seniority will be selected. A bargaining unit member may work in an “acting status” only once during each fiscal year, unless all employees in a classification who wish to work in acting status have been allowed the opportunity to do so and the list has been exhausted. Interim appointments or substitutes hired to replace such bargaining unit members in their regular positions shall not fall under the seventy-five (75) day restriction of Section 13.1.4.1 because no vacancy is thereby created.
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Related to Interim Appointment

  • Initial Appointment Upon entering the classified service, an Employee shall receive compensation at the minimum of the salary range of the classified position for which hired. When economic conditions, unusual employment conditions or exceptional qualifications of a candidate for employment indicate that a higher rate would be in the City's best interest, the Department Head with the approval of the Human Resources Manager may authorize hiring at a rate above the minimum for the classified position for which the Employee is being hired, but in all cases, the rate is not to exceed the maximum for the job classification.

  • Board Appointment (a) Following the Closing and upon the written request of Castle Creek, the Company will promptly cause a person designated by Castle Creek, who shall be reasonably acceptable to the Company (provided that all managing principals and principals of Castle Creek shall be deemed reasonably acceptable to the Company for purposes hereof) (the “Board Representative”), to be elected or appointed to the Board of Directors of the Company (the “Board of Directors”), subject to satisfaction of all legal and regulatory requirements regarding service and election or appointment as a director of the Company, and Riverview Bank (the “Bank”) board of directors (the “Bank Board”), subject to all legal and regulatory requirements regarding service and election or appointment as a director of the Bank, and subject to compliance with all corporate governance guidelines or principles that the Corporation may adopt, to its code of conduct and to its ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ and other policies applicable to members of the Board of Directors and the Bank Board, in each case for as long as Castle Creek, together with its Affiliates, owns the greater of: (i) in the aggregate, 50% or more of all of the Shares purchased pursuant to the Purchase Agreement (“Qualifying Ownership Interest”) or (ii) in the aggregate, 5% of the Common Stock, Series A Preferred Stock and Non-Voting Common Stock, taken as a whole, then outstanding (“Minimum Ownership Interest”). Notwithstanding anything to the contrary herein, in no event shall any failure to meet any applicable residency requirement be a valid reason for withholding approval of the Board Representative (or any replacement Board Representative) by the Board, the Bank Board or the Company, as the case may be. So long as Castle Creek, together with its Affiliates, has a Minimum Ownership Interest, the Company will recommend to its shareholders the election of the Board Representative to the Board of Directors at the Company’s annual meeting of shareholders, subject to satisfaction of all legal requirements regarding service and election or appointment as a director of the Company. If Castle Creek no longer has a Minimum Ownership Interest, Castle Creek will have no further rights under Sections 1(a) through 1(b) and, at the written request of the Board of Directors, shall use all reasonable best efforts to cause its Board Representative to resign from the Board of Directors and the Bank Board as promptly as possible thereafter. Castle Creek shall promptly inform the Company if and when it ceases to hold a Minimum Ownership Interest in the Company. (b) The Board Representative shall, subject to applicable law, be one of the Company’s nominees to serve on the Board of Directors. The Company shall use its reasonable best efforts to have the Board Representative elected as a director of the Company by the shareholders of the Company, and the Company shall solicit proxies for the Board Representative to the same extent as it does for any of its other Company nominees to the Board of Directors. At the option of the Board Representative, the Board of Directors shall cause such Board Representative to be appointed to the Compensation Committee of the Board of Directors, and any equivalent committee of the Bank, so long as the Board Representative qualifies to serve on such committees under the Company’s or the Bank’s committee charters currently in effect, as applicable, and applicable rules of any exchange on which the Common Stock is then listed, and such service is consistent with commitments that Castle Creek has provided to the Federal Reserve in connection with the transaction and would not result in Castle Creek being deemed in control of the Company for purposes of the BHC Act. The Company shall ensure, and shall cause the Bank to ensure, that the Board of Directors, the Bank Board, the Compensation Committee of the Board of Directors and any equivalent committee of the Bank shall have at least four members for so long as Castle Creek shall have the right to appoint a Board Representative. Castle Creek covenants and agrees to hold any information obtained from its Board Representative in confidence (except to the extent that such information can be shown to have been (1) previously known by such party on a nonconfidential basis, (2) in the public domain through no fault of such party, or (3) later lawfully acquired from other sources by the party to which it was furnished). Notwithstanding anything to the contrary contained herein, at all times when Castle Creek maintains a Minimum Ownership Interest, it shall comply in all respects with the Federal Reserve’s Policy Statement on equity investments in banks and bank holding companies and any other guidance promulgated in connection with the matters addressed therein. (c) Subject to Section 1(a), upon the death, resignation, retirement, disqualification, or removal from office as a member of the Board or the Bank Board of the Board Representative, Castle Creek shall have the right to designate the replacement for such Board Representative, which replacement shall satisfy all legal, bank regulatory and governance requirements regarding service as a director of the Company, and shall be reasonably acceptable to the Company (provided that all managing principals and principals of Castle Creek shall be deemed reasonably acceptable to the Company for purposes hereof). The Board and the Bank Board shall use their respective commercially reasonable efforts to take all action required to fill the vacancy resulting therefrom with such person (including such person, subject to applicable Law, being one of the Company’s nominees to serve on the Board and the Bank Board), using all reasonable best efforts to have such person elected as director of the Company by the shareholders of the Company and the Company soliciting proxies for such person to the same extent as it does for any of its other nominees to the Board, as the case may be. (d) The Board Representative shall be entitled to compensation, including fees, and indemnification and insurance coverage in connection with his or her role as a director, to the same extent as other directors on the Board or the Bank Board, as applicable, and the Board Representative shall be entitled to reimbursement for reasonable documented, out-of- pocket expenses incurred in attending meetings of the Board and the Bank Board, or any committee thereof, in accordance with Company policy. (e) The Company acknowledges that the Board Representative may have certain rights to indemnification, advancement of expenses and/or insurance provided by Castle Creek and/or certain of its Affiliates (collectively, the “Castle Creek Indemnitors”). The Company hereby agrees on behalf of itself and the Bank that with respect to a claim by the Board Representative for indemnification arising out his or her service as a director of the Company and/or the Bank (1) that it is the indemnitor of first resort (i.e., its obligations to the Board Representative with respect to indemnification, advancement of expenses and/or insurance (which obligations shall be the same as, but in no event greater than, any such obligations to members of the Board or the Bank Board, as applicable) are primary, and any obligation of the Castle Creek Indemnitors to advance expenses or to provide indemnification for the same expenses or liabilities incurred by the Board Representative are secondary), and (2) the Castle Creek Indemnitors shall have a right of contribution and/or be subrogated to the extent of such advancement or payment to all of the rights of recovery of the Board Representative against the Company.

  • Term Appointments 1.02.1 A term appointment is one in which the beginning and end dates of employment are clearly identified in the appointment letter. 1.02.2 It is agreed that employees employed on term appointments (hereinafter referred to as term employees) are covered by the terms of this Collective Agreement except for those Articles and conditions set out below: a) It is agreed that there is no guarantee or commitment of employment to an employee beyond that which is identified in their appointment letter. b) Term appointments normally are from 3 months to 1 year in length, though such an appointment may be for a longer period under special circumstances such as, Long Term Disability, Family Leave or Leave of Absence. c) Prior to hiring or renewing an employee on a term appointment, Human Resources staff will evaluate a job description submitted by the Department Head/Designate and determine the appropriate salary range and hiring salary in accordance with the Salary Administration provision of this Agreement. If the original appointment letter indicates a period of employment of more than 12 months, or if the employee's actual period of employment in the same position exceeds 12 months, the position description will be submitted for evaluation by the Joint Technical Position Evaluation Committee at the beginning of the thirteenth month of employment. If this evaluation results in a salary increase, the increase shall be made effective to the beginning of the thirteenth month of employment. d) Notwithstanding Article 21.01, term appointments of 3 to 6 months duration will not normally be posted; however, written notice will be sent to the Union. e) For the purposes of seniority, term employees will not be considered as new employees if they are rehired within 6 months of a previous termination. f) Notwithstanding Article 17 (Sick Leave), term employees shall be entitled to accumulate paid sick leave determined at the rate of 2 days per calendar month of their appointment to a maximum of 60 days. g) Notwithstanding Article 12 (Layoff and Recall), in the event of a layoff the University will provide as much advance notice as possible to term employees. However, term employees shall not be entitled to recall rights. h) Term employees shall not be covered by the following articles or clauses of the Collective Agreement: Article 12, Article 17.01, Article 17.02, Article 21.05. i) Term employees whose employment has been renewed beyond the original term appointment, and whose appointment will not be renewed again, will be given a minimum of 2 weeks’ notice or notice pursuant to the Employment Standards Act, whichever is greater, confirming the end date stated in their subsequent appointment letter. j) Term employees who are laid off are entitled to severance pay in accordance with Appendix B, Chart B.

  • Initial Appointments The Company appoints the Trustee as the initial Paying Agent, the initial Registrar and the initial Conversion Agent.

  • Continuing Appointment A continuing appointment shall continue until retirement or until otherwise terminated pursuant to this Agreement.