Involuntary Transfers Sample Clauses

Involuntary Transfers. Any transfer of title or beneficial ownership of Interests upon default, foreclosure, forfeit, divorce, court order or otherwise than by a voluntary decision on the part of a Management Member or Outside Member (each, an “Involuntary Transfer”) shall be void unless such Management Member or Outside Member complies with this Section 12.4 and enables the Company to exercise in full its rights hereunder. Upon any Involuntary Transfer, the Company shall have the right to purchase such Interests pursuant to this Section 12.4 and the Person to whom such Interests have been Transferred (the “Involuntary Transferee”) shall have the obligation to sell such Interests in accordance with this Section 12.4. Upon the Involuntary Transfer of any Interest, such Management Member or Outside Member shall promptly (but in no event later than two days after such Involuntary Transfer) furnish written notice to the Company indicating that the Involuntary Transfer has occurred, specifying the name of the Involuntary Transferee, giving a detailed description of the circumstances giving rise to, and stating the legal basis for, the Involuntary Transfer. Upon the receipt of the notice described in the preceding sentence, and for 60 days thereafter, the Company shall have the right to purchase, and the Involuntary Transferee shall have the obligation to sell, all (but not less than all) of the Interests acquired by the Involuntary Transferee for a purchase price equal to the lesser of (i) the Fair Market Value of such Interest and (ii) the amount of the indebtedness or other liability that gave rise to the Involuntary Transfer plus the excess, if any, of the Carrying Value of such Interests over the amount of such indebtedness or other liability that gave rise to the Involuntary Transfer. Notwithstanding anything to the contrary, any Involuntary Transfer of Override Units shall result in the immediate forfeiture of such Override Units and without any compensation therefor, and such Involuntary Transferee shall have no rights with respect to such Override Units.
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Involuntary Transfers. 19841 Provides relocation expenses for involuntary transfer or promotion requiring a change in residence. 19994.1 Authorizes involuntary transfers. Requires 60-day prior written notice when transfer requires change in residence. 19994.2 Allows seniority to be considered when two or more employees are in a class affected by involuntary transfers which require a change in residence.
Involuntary Transfers. An involuntary transfer is a transfer that is initiated and directed by the District. In the event of an involuntary transfer which is unrelated to discipline or individual job performance, every effort will be made to transfer the affected employee to a position which does not decrease him/her in hours or days.
Involuntary Transfers. An involuntary transfer may be made after the Voluntary Transfer provisions in Section 1. above do not result in filling the posted vacancy; or when management determines that it is in the best interest of all Parties involved to involuntarily transfer an employee. Management will conduct a meeting between the employee involved and the principal or department head, and a Union representative if requested by the employee. During this meeting, the employee shall be provided valid reason(s) for the involuntary transfer and such reason(s) shall not be arbitrary or capricious. Such factors as length of service, job competency, and geographic location should be given consideration to the extent that these factors do not, in the opinion of the Superintendent, interfere with the best interest of the District. The employee shall be given a minimum of three (3) workdays notice prior to the involuntary transfer.
Involuntary Transfers. Should an employee be involuntarily transferred or reassigned on a permanent basis, the Assistant Superintendent-Business and Operations shall meet with the employee and the Union to discuss the reasons for the transfer or reassignment and to consider any unreasonable hardships that may be incurred as a result of the transfer or reassignment prior to its implementation. No loss of pay or hours shall result from any such transfer or reassignment.
Involuntary Transfers. 1. When a teacher is involuntarily transferred, he/she will have the opportunity to make known to the appropriate administrator his/her wishes regarding a new assignment.
Involuntary Transfers. 1. An involuntary transfer shall be defined as a change to another work site or assignment to a subject area (e.g., science, math, social studies), or grade level that is not requested by the employee.
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Involuntary Transfers. Any involuntary transfer of teachers shall be governed by any one or all of the following non-prioritized items: • Volunteers • Certification requirements • Academic and professional preparation beyond minimum certification requirements • Length of service in current assignment/building/district/total experience • Balance of experience among staffs • Department or grade level/principal/director recommendation • Overall performance evaluation If the application of the above criteria does not clearly identify the employee(s) for involuntary transfer, then the administration, in the best interests of the school environment, shall review the records contained in the official personnel files to identify the employee(s) for involuntary transfer who best fit the specific needs of the district. Every attempt shall be made by the Superintendent, designee, principal or director to have dialogue with the teacher involved before any involuntary transfer is made. Any teacher transferred after school begins shall receive three working days without students to adequately prepare for the new assignment.
Involuntary Transfers. 15.4.1 Involuntary transfers shall not be punitive in nature and shall be based on legitimate, educationally-related needs of the District.
Involuntary Transfers. When a transfer is required because of lack of work, lack of funds, abolishment of position, or District efficiency, the District shall:
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