Reevaluation to a Lower Range Clause Samples
The "Reevaluation to a Lower Range" clause allows for the reassessment of a previously determined value, rate, or classification, with the possibility of adjusting it downward. In practice, this clause may apply to pricing, performance metrics, or eligibility tiers, enabling a party to revisit and reduce the applicable range if certain conditions are met, such as underperformance or market changes. Its core function is to provide flexibility and risk management by ensuring that terms remain fair and reflective of actual circumstances, thereby protecting parties from overcommitment or misaligned expectations.
Reevaluation to a Lower Range. (a) When a filled position is reevaluated in accordance with the procedures set out in Section A of this Article and is reassigned to a lower salary range, the ASF Member in that position will remain at the prior range and step for two
Reevaluation to a Lower Range. (a) When a filled position is reevaluated in accordance with the procedures set out in Section A of this Article and is reassigned to a lower salary range, the ASF Member in that position will remain at the same range and step for two (2) years, after which the ASF Member, if in the same position and assigned the same responsibilities, will have his/her base salary reduced:
1) to the maximum step of the new range, for those who are above the maximum of the new range, or 2) to the step in the new range which is nearest to but not greater than his/her current base salary, if his/her salary is within the new range.
(b) A range reassignment for a disciplinary purpose is subject to the provisions of Article 23 and not this subdivision.
(c) An ASF Member whose current position range reassignment grandparenting resulting from the 1992 Salary Equity Study will not be subject to this subdivision.
Reevaluation to a Lower Range. (a) When a filled position is reevaluated in accordance with the procedures set out in Section A, and reassigned to a lower salary range, the ASF Member in that position will remain at the same range and step for two (2) years, after which the ASF Member, if in the same position and assigned the same responsibilities, will have his/her base salary reduced: 1) to the maximum step of the new range, for those who are above the maximum of the new range, or 2) to the step in the new range which is nearest to but not greater than his/her current base salary, if his/her salary is within the new range.
(b) A range reassignment for a disciplinary purpose is subject to the provisions of Article 23 and not this subdivision.