Maximum Initial Placement Clause Samples

The Maximum Initial Placement clause sets a limit on the number of units, products, or items that can be initially distributed or placed in a particular market, location, or with specific customers. In practice, this clause might specify that no more than a certain quantity of goods can be shipped to a retailer or that only a set number of licenses may be granted at the outset of an agreement. Its core function is to control inventory flow or exposure at the start of a business relationship, thereby managing risk and preventing overcommitment or market saturation.
Maximum Initial Placement. The maximum initial placement for new employees shall be step 7. In exceptional circumstances, and at the discretion of the Vice-President Education, this maximum may be waived and the actual placement will be determined by the Vice-President Education.
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Maximum Initial Placement. The maximum initial placement for new employees on Grids 1 and 2 shall be step 7. In exceptional circumstances, and at the discretion of the Vice-President, Academic, these maxima may be waived and the actual placement will be determined by the Vice-President, Academic.
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Maximum Initial Placement. (1) The maximum initial placement for new employees shall be step 7 (Scale 2) for a college professor, counsellor, librarian, educational technology coordinator, * or audiovisual coordinator. The maximum initial placement for new employees shall be step 6 (Scale 1) for a laboratory instructor, recreation and athletic coordinator, social and cultural activity coordinator or a social work field placement coordinator. * In exceptional circumstances, and at the discretion of the OUC President or his or her designate, these maxima may be waived and the actual placement will be determined by the OUC President. (2) All part-time employees who previously held a continuing appointment at OUC shall be placed on a salary scale step as determined by clauses 25.02 and 25.03.
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Related to Maximum Initial Placement

  • Initial Placement The issuance and sale by the Company of the Notes to the Initial Purchasers pursuant to the Purchase Agreement.

  • Step Placement When a reclassification action occurs, the justification for the action taken shall be provided in writing to the affected employee or employees. When an employee is reclassified to a position having a higher maximum regular base hourly rate, the employee’s pay shall be increased to the pay step amount which is at least, and closest to, 3 percent higher than the pay they received prior to the reclassification. When an employee is reclassified to a position having the same maximum regular base hourly rate, the employee’s pay step amount shall remain the same. When an employee is reclassified to a position having a lower maximum regular base hourly rate, the employee’s pay shall be decreased to the pay step amount closest to their present regular base hourly rate. However, when the employee’s regular base hourly rate of pay, prior to the reclassification, is greater than step 9 of the newly assigned pay grade, the employee’s regular base hourly rate of pay shall be frozen as of the date of the reclassification. The employee’s regular base hourly rate shall remain frozen until such time as step 9 of the pay grade assigned to the employee’s classification is equal to or greater than the employee’s frozen rate of pay. When that occurs, the employee shall be placed into step 9 of the new pay grade assigned to the employee’s classification. When a reclassification occurs in a multi-incumbent classification and incumbents compete for the classification, the salary placement shall be administered in the same manner as a promotion in Article 13, Section 3.

  • Order Placement To place orders for the Trustee to create or redeem one or more Baskets, Authorized Participants must follow the procedures for creation and redemption referred to in Section 3 of this Agreement and the procedures described in Attachment A hereto (the “Procedures”), as each may be amended, modified or supplemented from time to time.

  • Initial Salary Placement Initial salary placement of newly employed employees shall be on the first step of the appropriate range. Employees with the equivalent of eighteen (18) months of verified, paid, full-time and related job experience of at least three (3) months in duration, shall be moved to Step B of the appropriate range. Employees with the equivalent of thirty-six

  • BID; INITIAL PAYMENT The Assuming Institution has submitted to the Receiver a Deposit premium bid of 0 % and an Asset premium (discount) bid of $(22,300,000.00) (the “Bid Amount”). The Deposit premium bid will be applied to the total of all Assumed Deposits except for brokered, CDARS, and any market place or similar subscription services Deposits. On the Payment Date, the Assuming Bank will pay to the Corporation, or the Corporation will pay to the Assuming Bank, as the case may be, the Initial Payment, together with interest on such amount (if the Payment Date is not the day following the day of the Bank Closing Date) from and including the day following the Bank Closing Date to and including the day preceding the Payment Date at the Settlement Interest Rate.