Restructuring Issues Clause Samples

Restructuring Issues. The Company agrees to provide the Union with $250 per person affected by contracting out or closures to put into Adjustment Committee funds. The Company will work with the Union in each province to provide office space to set up an Action Centre for the Adjustment Committee to perform its work.
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Restructuring Issues. The Company agrees to work with the Union on language to protect severance pay from EI claw backs. • The Company agrees to provide the Union with $500 per person in affected by contracting out or closures to put an Adjustment Committee funds. The Company will work with the Union in each province to provide office space to set up an Action Centre for the Adjustment Committee to perform its work. • The severance packages may be put in escrow where possible provided there are no additional costs to DHL. • It is understood that Schedule A – Fees will remain in place in its entirety as a result of the new payment methodology except for the following changes: • Instead of the items in 1-10 (original waybills, non billable waybills, 9:00am’s, dangerous goods, cash collects, over weights (per pound), residential, and security waybills), the following new methodology will be used based on the Framework agreement consultation and implementation provisions: Owner Operator Minimum Rates will be as follows: Alberta Current 1-Jan-14 1-Jan-15 1-Jan-16 Increase 2.00% 2.00% 2.75% Stop 1.290 1.316 1.342 1.379 Piece 0.230 0.235 0.239 0.246 Quality Payment 48.45 49.42 50.41 51.79 Minimum (Calgary) 305.08 311.18 317.41 326.13 Minimum (Edmonton) 272.25 277.70 283.25 291.04 Quality Payment 01/01/14 01/01/15 01/01/16 Time Definite $16.47 $16.80 $17.26 Deliveries $16.47 $16.80 $17.26 Pick-ups $16.47 $16.80 $17.26 The Owner Operator shall receive remuneration based on the formula: (Core Zone x # of stops) + (# of stops x rate) + (# of pieces x rate) + Quality Payment = Total + Bonuses Density is based on kilometers/stop and will be used to calculate the Core Zone. The Quality payment is calculated using the following criteria: • Time Definite Deliveries • Completing all assigned deliveries • Picking up all assigned pick-ups (1) The Company agrees to provide those eligible Owner Operators with current details and information covering all Owner Operators benefits and programs, in which the Owner Operators covered by this Collective Agreement are entitled to participate. This information shall be provided at the date of hire as an Owner Operator. The Company will provide each Owner Operator with the option of participating in a selected health and welfare package as detailed below. Dental, Voluntary Personal Accident Insurance and Vision Care are to be provided on a voluntary basis at 100% Owner Operator cost. The Company will deduct cost of benefits opted for from the Owner Operator ...
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Restructuring Issues. ▪ The Company agrees to work with the Union on language to protect severance pay from EI claw backs. ▪ The Company agrees to provide the Union with $500 per person in affected by contracting out or closures to put an Adjustment Committee funds. The Company will work with the Union in each province to provide office space to set up an Action Centre for the Adjustment Committee to perform its work. ▪ The severance packages may be put in escrow where possible provided there are no additional costs to DHL. ▪ It is understood that Schedule A – Fees will remain in place in its entirety as a result of the ▪ Instead of the items in 1-10 (original waybills, non billable waybills, 9:00am’s, dangerous goods, cash collects, over weights (per pound), residential, and security waybills), the following new methodology will be used based on the Framework agreement consultation and implementation provisions: Current 10/01/09 10/01/10 10/01/11 Core Zone $TBA $TBA $TBA $TBA Stops $1.20 $1.23 $1.26 $1.29 Per Piece $0.20 $0.21 $0.22 $0.23 Time Definite $15.00 $15.38 $15.76 $16.15 Deliveries $15.00 $15.38 $15.76 $16.15 Pick-ups $15.00 $15.38 $15.76 $16.15 The Owner Operator shall receive remuneration based on the formula: (Core Zone x # of stops) + (# of stops x rate) + (# of pieces x rate) + Quality Payment = Total + Bonuses Density is based on kilometers/stop and will be used to calculate the Core Zone. The Quality payment is calculated using the following criteria: • Time Definite Deliveries • Completing all assigned deliveries • Picking up all assigned pick-ups
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Restructuring Issues. ▪ The Company agrees to work with the Union on language to protect severance pay from EI claw backs. ▪ The Company agrees to provide the Union with $500 per person in affected by contracting out or closures to put an Adjustment Committee funds. The Company will work with the Union in each province to provide office space to set up an Action Centre for the Adjustment Committee to perform its work. ▪ The severance packages may be put in escrow where possible provided there are no additional costs to ▇▇▇▇▇▇ Express. ▪ It is understood that Schedule A – Fees will remain in place in its entirety as a result of the new payment methodology except for the following changes: ▪ Instead of the items in 1-10 (original waybills, non billable waybills, 9:00am’s, dangerous goods, cash collects, over weights (per pound), residential, and security waybills), the following new methodology will be used based on the Framework agreement consultation and implementation provisions: Current 10/01/09 10/01/10 10/01/11 Core Zone See Core Zone Tables Stops $1.20 $1.23 $1.26 $1.29 Per Piece $0.200 $0.205 $0.22 $0.23 Time Definite $15.00 $15.38 $15.76 $16.15 Deliveries $15.00 $15.38 $15.76 $16.15 Pick-ups $15.00 $15.38 $15.76 $16.15 The Owner Operator shall receive remuneration based on the formula: (Core Zone x # of stops) + (# of stops x rate) + (# of pieces x rate) + Quality Payment = Total + Bonuses Density is based on kilometers/stop and will be used to calculate the Core Zone. The Quality payment is calculated using the following criteria: • Time Definite Deliveries • Completing all assigned deliveries • Picking up all assigned pick-ups
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Restructuring Issues. ▪ The Company agrees to work with the Union on language to protect severance pay from EI claw backs.
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Restructuring Issues. When a restructuring involves a position that is usually occupied by an employee who is on parental leave, then the same restructuring provisions that would apply to other staff members who are part of the same restructuring, will apply. Any employee on parental leave must be notified if their position is to be affected by a restructuring. Employees returning from parental leave, who seek to work reduced hours, should note that any reduction in hours will impact on any redundancy payment they may subsequently become entitled to.
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Related to Restructuring Issues

  • Financing Issues From the incurrence of the Working Capital Facility Obligations until the Discharge of Working Capital Facility Obligations, if any Obligor shall be subject to any Insolvency Proceeding and the Working Capital Facility Collateral Agent or any Working Capital Facility Lender shall desire (i) to permit the use of “Cash Collateral” (as such term is defined in Section 363(a) of the Bankruptcy Code) constituting Shared Collateral or (ii) to permit any Obligor to obtain financing under Section 364 of the Bankruptcy Code (“DIP Financing”), then the Notes Collateral Agent, on behalf of itself and the Noteholders, and the Pari Passu Collateral Agent, on behalf of the Pari Passu Lenders, will raise no objection to such Cash Collateral use or DIP Financing (provided that such DIP Financing is on terms and conditions no less favorable to the Company and its subsidiaries than any other debtor in possession financing available to the Company in the market) and to the extent the Liens securing the Working Capital Facility Obligations (subject to the principal amount thereof not exceeding the Working Capital Facility Debt Cap) are subordinated to or pari passu with such DIP Financing, the Notes Collateral Agent and the Pari Passu Collateral Agent will subordinate their respective Liens on the Shared Collateral to the Liens securing such DIP Financing (and all obligations relating thereto) in the same priorities and to the same extent as provided herein with respect to the Working Capital Facility and will not request adequate protection or any other relief in connection therewith (except, as expressly agreed by the Working Capital Facility Collateral Agent or to the extent permitted by this Section 6.2 or by Section 6.4(b)); provided, that (i) the aggregate principal amount of the DIP Financing plus the aggregate outstanding principal amount of Working Capital Facility Indebtedness plus the aggregate face amount of any letters of credit issued and not reimbursed under the Working Capital Facility Agreement does not exceed the Working Capital Facility Debt Cap and (ii) the Notes Collateral Agent and the Noteholders, and the Pari Passu Collateral Agent and the Pari Passu Lenders, retain the right to object to any ancillary agreements or arrangements regarding Cash Collateral use or the DIP Financing that are materially prejudicial to their interests.

  • Scheduling issues Any other grievance as mutually agreed. All references in Article 8 to an Arbitration Board shall be taken to include a sole arbitrator. Once appointed the sole arbitrator shall have the power to mediate/ arbitrate the grievance, including the power to impose a settlement in accordance with Article 8.17. The parties agree that, where an informal process is initiated, presentations proceeding under this dispute resolution mechanism shall include a comprehensive opening statement and thereafter, shall be as short and concise as possible. The parties agree to make limited reference to authorities during such submissions.

  • Restructuring Transactions On the Effective Date, the Debtor, Newco, GP, Finance Co and Merger Co shall enter into the Consensual Transaction described in Section 3 of the Implementation Plan attached to the Transaction Support Agreement as Exhibit B. On the later of the Effective Date and the Merger Date, the Debtor and Merger Co will enter into a merger agreement under which the Debtor will merge with Merger Co, and following the merger, the Debtor will be the surviving and successor entity. The actions to implement this Plan and the Implementation Plan may include, in accordance with the consent rights in the Transaction Support Agreement: (a) the execution and delivery of appropriate agreements or other documents of merger, amalgamation, consolidation, restructuring, conversion, disposition, transfer, arrangement, continuance, dissolution, sale, purchase, or liquidation containing terms that are consistent with the terms of the Plan and the Transaction Support Agreement and that satisfy the applicable requirements of applicable law and any other terms to which the applicable Entities may agree; (b) the execution and delivery of appropriate instruments of transfer, assignment, assumption, or delegation of any asset, property, right, liability, debt, or obligation on terms consistent with the terms of the Plan and the Transaction Support Agreement and having other terms for which the applicable parties agree; (c) the filing of appropriate certificates or articles of incorporation, reincorporation, merger, consolidation, conversion, amalgamation, arrangement, continuance, or dissolution pursuant to applicable state or provincial law; (d) the execution and delivery of contracts or agreements, including, without limitation, transition services agreements, employment agreements, or such other agreements as may be deemed reasonably necessary to effectuate the Plan in accordance with the Transaction Support Agreement; and (e) all other actions that the applicable Entities determine to be necessary, including making filings or recordings that may be required by applicable law in connection with the Plan.

  • Restructuring 24.1 In the event that all or part of the work undertaken by the employee will be affected by the employer entering into an arrangement whereby a new employer will undertake the work currently undertaken by the employee, the employer will meet with the employee, providing information about the proposed arrangement and an opportunity for the employee to comment on the proposal, and will consider and respond to their comments. The employee has the right to seek the advice of their union or to have the union act on their behalf. 24.2 The employer will negotiate with the new employer, including whether the affected employees will transfer to the new employer on the same terms and conditions, and will include in the agreement reached with the new employer a requirement that the employee be offered a position with the new employer at the same or similar terms of employment. 24.3 Where the employee either chooses not to transfer to the new employer, or is not offered employment by the new employer, the employer will activate the staff surplus provisions of this agreement.

  • Tax Issues The parties agree that the payments and benefits provided under this Agreement, and all other contracts, arrangements or programs that apply to him/her, shall be subject to Section 16 of the Employment Agreement.