{"component": "clause", "props": {"groups": [{"samples": [{"hash": "6guP26PEMfr", "uri": "/contracts/6guP26PEMfr#reversion", "label": "Generator Interconnection Agreement (Gia)", "score": 35.7812690735, "published": true}, {"hash": "4frP27bZxgP", "uri": "/contracts/4frP27bZxgP#reversion", "label": "Generator Interconnection Agreement (Gia)", "score": 35.5409507751, "published": true}, {"hash": "7ZnHsmGUhjM", "uri": "/contracts/7ZnHsmGUhjM#reversion", "label": "Generator Interconnection Agreement (Gia)", "score": 35.4259262085, "published": true}], "size": 69, "snippet_links": [{"key": "pursuant-to", "type": "clause", "offset": [11, 22]}, {"key": "agency-agreement", "type": "definition", "offset": [26, 42]}, {"key": "executed-by", "type": "clause", "offset": [67, 78]}, {"key": "transmission-provider", "type": "clause", "offset": [79, 100]}, {"key": "the-relevant", "type": "clause", "offset": [114, 126]}, {"key": "transmission-owner", "type": "definition", "offset": [127, 145]}, {"key": "in-the-event", "type": "clause", "offset": [147, 159]}, {"key": "offered-by", "type": "definition", "offset": [224, 234]}, {"key": "provider-shall", "type": "clause", "offset": [337, 351]}, {"key": "obligations-and-responsibilities", "type": "clause", "offset": [373, 405]}], "snippet": "If offered pursuant to an Agency Agreement under which this GIA is executed by Transmission Provider as agent for the relevant Transmission Owner, in the event that the relevant Agency Agreement terminates, any HVDC Service offered by Transmission Provider under this GIA shall revert to the relevant Transmission Owner and Transmission Provider shall be released from all obligations and responsibilities under this GIA.", "hash": "f938981bf9e70a9dd4c904f23df2d150", "id": 2}, {"samples": [{"hash": "cRXFpahF6JI", "uri": "/contracts/cRXFpahF6JI#reversion", "label": "Collective Bargaining Agreement", "score": 36.1081390381, "published": true}, {"hash": "30IG7qXgTpC", "uri": "/contracts/30IG7qXgTpC#reversion", "label": "Collective Bargaining Agreement", "score": 35.8296318054, "published": true}, {"hash": "evITBPkLNdk", "uri": "/contracts/evITBPkLNdk#reversion", "label": "Collective Bargaining Agreement", "score": 35.1090240479, "published": true}], "size": 82, "snippet_links": [{"key": "involuntary-movement", "type": "clause", "offset": [37, 57]}, {"key": "an-employee", "type": "clause", "offset": [61, 72]}, {"key": "trial-service-period", "type": "definition", "offset": [84, 104]}, {"key": "to-the-class", "type": "clause", "offset": [105, 117]}, {"key": "the-employee", "type": "clause", "offset": [127, 139]}, {"key": "permanent-status", "type": "definition", "offset": [159, 175]}, {"key": "a-class", "type": "definition", "offset": [192, 199]}, {"key": "lower-salary-range", "type": "clause", "offset": [215, 233]}, {"key": "the-base-salary", "type": "definition", "offset": [251, 266]}, {"key": "prior-to", "type": "definition", "offset": [294, 302]}], "snippet": "Reversion is defined as voluntary or involuntary movement of an employee during the trial service period to the class in which the employee most recently held permanent status, or movement to a class in the same or lower salary range. Upon reversion, the base salary the employee was receiving prior to promotion will be reinstated.", "hash": "c0907daf388e491a0df7aa2f06487975", "id": 1}, {"samples": [{"hash": "5qTbwbwB5r7", "uri": "/contracts/5qTbwbwB5r7#reversion", "label": "Collective Bargaining Agreement", "score": 31.3340129852, "published": true}, {"hash": "6MKbeQhhS3A", "uri": "/contracts/6MKbeQhhS3A#reversion", "label": "Collective Bargaining Agreement", "score": 31.0890541077, "published": true}, {"hash": "2DIQOZzUN2N", "uri": "/contracts/2DIQOZzUN2N#reversion", "label": "Collective Bargaining Agreement", "score": 30.3528785706, "published": true}], "size": 24, "snippet_links": [{"key": "employees-who", "type": "clause", "offset": [0, 13]}, {"key": "successfully-complete", "type": "definition", "offset": [21, 42]}, {"key": "trial-service-period", "type": "definition", "offset": [45, 65]}, {"key": "to-the-class", "type": "clause", "offset": [77, 89]}, {"key": "the-employee", "type": "clause", "offset": [99, 111]}, {"key": "lower-salary-range", "type": "clause", "offset": [197, 215]}, {"key": "the-base-salary", "type": "definition", "offset": [230, 245]}, {"key": "prior-to", "type": "definition", "offset": [260, 268]}], "snippet": "Employees who do not successfully complete a trial service period and revert to the class in which the employee most recently held a position, or move to a classification in the same series with a lower salary range, will receive the base salary they received prior to their promotion.", "hash": "62d5dbf1e5f4b90e8de63bec9dd26030", "id": 3}, {"samples": [{"hash": "3TmtCUX583R", "uri": "/contracts/3TmtCUX583R#reversion", "label": "Restructuring Support and Lock Up Agreement", "score": 31.3408622742, "published": true}, {"hash": "khTJwKVscQD", "uri": "/contracts/khTJwKVscQD#reversion", "label": "Restructuring Support and Lock Up Agreement (Seadrill LTD)", "score": 29.1533203125, "published": true}], "size": 8, "snippet_links": [{"key": "the-plan", "type": "clause", "offset": [23, 31]}, {"key": "unclaimed-distribution", "type": "definition", "offset": [43, 65]}, {"key": "period-of", "type": "definition", "offset": [72, 81]}, {"key": "six-months", "type": "definition", "offset": [82, 92]}, {"key": "bankruptcy-code", "type": "definition", "offset": [175, 190]}, {"key": "the-applicable", "type": "clause", "offset": [239, 253]}, {"key": "reorganized-debtor", "type": "definition", "offset": [254, 272]}, {"key": "to-the-extent", "type": "clause", "offset": [278, 291]}, {"key": "new-seadrill-common-shares", "type": "definition", "offset": [323, 349]}, {"key": "the-claim", "type": "clause", "offset": [399, 408]}, {"key": "with-respect-to", "type": "clause", "offset": [453, 468]}, {"key": "unclaimed-property-laws", "type": "definition", "offset": [605, 628]}, {"key": "the-distribution", "type": "clause", "offset": [674, 690]}], "snippet": "Any distribution under the Plan that is an Unclaimed Distribution for a period of six months after distribution shall be deemed unclaimed property under section 347(b) of the Bankruptcy Code and such Unclaimed Distribution shall revest in the applicable Reorganized Debtor and, to the extent such Unclaimed Distribution is New Seadrill Common Shares, shall be deemed cancelled. Upon such revesting, the Claim or Interest of any holder or its successors with respect to such property shall be cancelled, discharged, and forever barred notwithstanding any applicable federal or state escheat, abandoned, or unclaimed property laws, or any provisions in any document governing the distribution that is an Unclaimed Distribution, to the contrary.", "hash": "e3c7016260ba0c6953c46b44edef0ad2", "id": 7}, {"samples": [{"hash": "kC97C8iQxm1", "uri": "/contracts/kC97C8iQxm1#reversion", "label": "Subscription Agreement", "score": 28.6902809143, "published": true}, {"hash": "1VvobodB43x", "uri": "/contracts/1VvobodB43x#reversion", "label": "Subscription Agreement", "score": 28.6902809143, "published": true}, {"hash": "13HZp4sotXF", "uri": "/contracts/13HZp4sotXF#reversion", "label": "Subscription Agreement", "score": 28.6902809143, "published": true}], "size": 11, "snippet_links": [{"key": "section-122", "type": "clause", "offset": [0, 12]}, {"key": "the-operating-agreement", "type": "clause", "offset": [16, 39]}, {"key": "a-member", "type": "clause", "offset": [57, 65]}, {"key": "qualified-charitable-organization", "type": "definition", "offset": [104, 137]}, {"key": "net-asset-value-of-the-fund", "type": "definition", "offset": [168, 195]}, {"key": "outstanding-units", "type": "definition", "offset": [231, 248]}, {"key": "the-property", "type": "clause", "offset": [262, 274]}, {"key": "the-manager", "type": "definition", "offset": [278, 289]}, {"key": "subject-to", "type": "definition", "offset": [309, 319]}, {"key": "all-applicable-laws", "type": "clause", "offset": [320, 339]}, {"key": "approval-of", "type": "definition", "offset": [364, 375]}, {"key": "transfer-of", "type": "clause", "offset": [415, 426]}, {"key": "net-assets", "type": "definition", "offset": [433, 443]}], "snippet": "Section 12.2 of the Operating Agreement provides that if a Member is dissolved or loses its status as a qualified charitable organization, the undivided portion of the Net Asset Value of the Fund attributable to such Member\u2019s then outstanding Units shall become the property of the Manager, or its successor, subject to all applicable laws. With the prior written approval of the Manager, such Member may recommend transfer of those Net Assets to another Unitarian Universalist organization.", "hash": "aeae4e417aa42c66865e6648d3e51be1", "id": 4}, {"samples": [{"hash": "bi1QIcnxgj", "uri": "/contracts/bi1QIcnxgj#reversion", "label": "Collective Agreement", "score": 28.6392860413, "published": true}, {"hash": "ct71ORi6eBO", "uri": "/contracts/ct71ORi6eBO#reversion", "label": "Collective Agreement", "score": 25.4465007782, "published": true}, {"hash": "7akvvY2wg21", "uri": "/contracts/7akvvY2wg21#reversion", "label": "Collective Agreement", "score": 22.8514766693, "published": true}], "size": 10, "snippet_links": [{"key": "an-employee", "type": "clause", "offset": [0, 11]}, {"key": "change-of-status", "type": "definition", "offset": [28, 44]}, {"key": "change-of-classification", "type": "clause", "offset": [48, 72]}, {"key": "by-the-employee", "type": "clause", "offset": [91, 106]}, {"key": "the-company-and-the-union", "type": "clause", "offset": [196, 221]}], "snippet": "An employee whose transfer, change of status or change of classification has been accepted by the employee as per Article 12.04.02, will not be eligible to withdraw, unless mutually acceptable to the Company and the Union, at the Headquarters level.", "hash": "0be97c9b809c3130976227b9cbae0167", "id": 5}, {"samples": [{"hash": "lytfdAOEcru", "uri": "/contracts/lytfdAOEcru#reversion", "label": "Fifteenth Supplemental Indenture (United States Cellular Corp)", "score": 34.4661178589, "published": true}, {"hash": "gxbBJhgKSZi", "uri": "/contracts/gxbBJhgKSZi#reversion", "label": "Fifteenth Supplemental Indenture (Sprint Capital Corp)", "score": 34.3812446594, "published": true}], "size": 8, "snippet_links": [{"key": "the-settlement-date", "type": "clause", "offset": [3, 22]}, {"key": "business-days", "type": "clause", "offset": [52, 65]}, {"key": "following-the", "type": "definition", "offset": [66, 79]}, {"key": "ma-closing-event", "type": "definition", "offset": [80, 97]}, {"key": "settlement-deadline", "type": "definition", "offset": [104, 123]}, {"key": "the-amendments", "type": "clause", "offset": [127, 141]}, {"key": "section-21", "type": "clause", "offset": [154, 165]}, {"key": "null-and-void", "type": "definition", "offset": [198, 211]}, {"key": "any-non", "type": "clause", "offset": [258, 265]}, {"key": "date-of-this", "type": "clause", "offset": [316, 328]}, {"key": "fifteenth-supplemental-indenture", "type": "clause", "offset": [329, 361]}, {"key": "prior-to-the", "type": "clause", "offset": [366, 378]}, {"key": "the-basis", "type": "clause", "offset": [406, 415]}, {"key": "an-event-of-default", "type": "definition", "offset": [430, 449]}, {"key": "with-respect-to", "type": "clause", "offset": [450, 465]}], "snippet": "If the Settlement Date has not occurred within five Business Days following the M&A Closing Event (the \u201cSettlement Deadline\u201d), the amendments effected by Section 2.1 to Section 2.15 shall be deemed null and void as if they had not occurred and, accordingly, any non-compliance that may have occurred on or after the date of this Fifteenth Supplemental Indenture and prior to the Settlement Deadline may be the basis for declaring an Event of Default with respect to the June 2070 Notes as if this Fifteenth Supplemental Indenture had not been executed.", "hash": "1561a3aa7fd80b51e98a0db7ac6c8677", "id": 6}, {"samples": [{"hash": "ilfLxzqOfEe", "uri": "/contracts/ilfLxzqOfEe#reversion", "label": "Flexible Flow Management Program Agreement", "score": 23.397228241, "published": true}, {"hash": "51zY4TkWn0R", "uri": "/contracts/51zY4TkWn0R#reversion", "label": "Flexible Flow Management Program Agreement", "score": 22.3953514099, "published": true}, {"hash": "iTpmCY1UAy", "uri": "/contracts/iTpmCY1UAy#reversion", "label": "Agreement of the Parties to the 1954 u.s. 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"employment-terminated", "type": "clause", "offset": [812, 833]}, {"key": "upon-notice", "type": "clause", "offset": [834, 845]}, {"key": "in-accordance-with", "type": "definition", "offset": [846, 864]}, {"key": "salary-in-lieu-of-notice", "type": "clause", "offset": [944, 968]}, {"key": "employee-has", "type": "clause", "offset": [1013, 1025]}, {"key": "current-position", "type": "definition", "offset": [1178, 1194]}], "snippet": "28.2.1 The employee shall be returned to their former position under the following circumstances:\na) If the employee proves unsatisfactory in a position during the trial period, or\nb) If the employee determines they are unable to perform the duties of the new position, and\nc) the former position has not been offered to another person on a continuing basis.\n28.2.2 If the position has been offered to another person on a continuing basis, or the position is not available, the OOS Manager shall make every reasonable effort to reassign the employee to a position in which they are qualified and capable of performing.\n28.2.3 When the University has initiated the reversion under Article 28.2.1 and is unable to effect a reassignment which is mutually agreeable under Article 28.2.2, the employee may have their employment terminated upon notice in accordance with Article 45, or three (3) months of notice, whichever is greater, or payment of salary in lieu of notice, or a combination thereof.\n28.2.4 Where the employee has initiated the reversion and the University is unable to effect a reassignment which is mutually agreeable, the employee may choose to continue in their current position or have their employment terminated with three", "hash": "dd9c922bf78a2f989025d64dabda9696", "id": 10}, {"samples": [{"hash": "bnli7LAfqlZ", "uri": "/contracts/bnli7LAfqlZ#reversion", "label": "Master Agreement", "score": 23.1727638245, "published": true}, {"hash": "elGozvY7dyp", "uri": "/contracts/elGozvY7dyp#reversion", "label": "Master Agreement", "score": 21.3496761322, "published": true}, {"hash": "avL0Fy1tUh4", "uri": "/contracts/avL0Fy1tUh4#reversion", "label": "Master Agreement", "score": 20.9178638458, "published": true}], "size": 7, "snippet_links": [{"key": "the-position", "type": "clause", "offset": [40, 52]}, {"key": "the-employee", "type": "clause", "offset": [54, 66]}, {"key": "the-employer-may", "type": "clause", "offset": [70, 86]}, {"key": "request-to-return", "type": "clause", "offset": [87, 104]}, {"key": "former-position", "type": "clause", "offset": [129, 144]}, {"key": "available-vacancy", "type": "definition", "offset": [224, 241]}, {"key": "calendar-days", "type": "clause", "offset": [362, 375]}, {"key": "assistant-superintendent", "type": "clause", "offset": [427, 451]}, {"key": "human-resources", "type": "definition", "offset": [456, 471]}, {"key": "legal-services", "type": "clause", "offset": [476, 490]}], "snippet": "Within ten (10) workdays after assuming the position, the employee or the Employer may request to return the employee to his/her former position. If the former position does not exist, the employee may be placed in the next available vacancy in the same classification for which the employee is qualified. Requests made after ten (10) workdays, up to sixty (60) calendar days, will be determined on a case-by-case basis by the Assistant Superintendent for Human Resources and Legal Services.", "hash": "bee1553663e09e821e0e83d95ab1b63d", "id": 9}], "next_curs": "ClISTGoVc35sYXdpbnNpZGVyY29udHJhY3Rzci4LEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhJyZXZlcnNpb24jMDAwMDAwMGEMogECZW4YACAA", "clause": {"title": "Reversion", "size": 714, "parents": [["miscellaneous", "Miscellaneous"], ["binding-effect", "Binding Effect"], ["term-and-termination", "Term and Termination"], ["project-employment", "Project Employment"], ["whereas", "WHEREAS"]], "children": [["", ""], ["trustee", "Trustee"], ["counterparts-and-method-of-execution", "Counterparts and Method of Execution"], ["ratification", "Ratification"], ["section-titles", "Section Titles"]], "id": "reversion", "related": [["polygraph-examination", "Polygraph Examination", "Polygraph Examination"], ["health-examination", "Health Examination", "Health Examination"], ["discovery-of-breach", "Discovery of Breach", "Discovery of Breach"], ["title-examination", "Title Examination", "Title Examination"], ["h3-break", "H3 Break", "H3 Break"]], "related_snippets": [], "updated": "2026-08-08T05:41:39+00:00", "also_ask": ["What triggers the reversion and how can parties strategically define or limit these triggers?", "Which essential terms must be included to ensure the reversion is clear, automatic, and enforceable?", "What are the main risks if the reversion clause is ambiguous or silent on key conditions?", "How does this reversion clause compare to industry standards or statutory defaults?", "What evidence or documentation is critical to prove reversion in court if challenged?"], "drafting_tip": "Specify triggering events, define reversion process, and identify affected rights to prevent disputes and ensure clarity of obligations.", "explanation": "A Reversion clause defines the circumstances under which rights, property, or interests previously transferred to another party automatically return to the original owner. Typically, this clause applies when certain conditions are met, such as the expiration of a license, the failure to meet performance milestones, or the termination of an agreement. Its core practical function is to protect the original owner by ensuring that valuable assets or rights are not permanently lost if the recipient does not fulfill agreed-upon obligations or if the arrangement ends."}, "json": true, "cursor": ""}}