Alternative Position definition

Alternative Position means any vacant position the Employee elects to accept that does not fall within the meaning of Suitable Alternative Position (Alternative Position); and
Alternative Position means a position that (a) is not more than fifty (50) miles from the location of your current position as of the effective date of this Plan (for positions that are of a telecommuting nature or are essentially mobile, this limitation does not apply); (b) provides you with pay that is at least 85% of your Base Salary as of the effective date of this Plan and (c) would not otherwise constitute a change in your position that would allow for resignation for Good Reason under the Plan.
Alternative Position means a position with the Company, or any other entity specified in Section 3.02(b) that:

Examples of Alternative Position in a sentence

  • The employee selecting the Alternative Position Placement Option shall have five (5) working days to prepare and submit a current resume for interdepartmental distribution.

  • Alternative Position - A position to which an eligible employee may be temporarily reassigned during a period of intermittent Family and Medical leave (FML) and/or working a reduced schedule.

  • Notwithstanding the foregoing, the parties hereto acknowledge and agree that to the extent contemplated herein, the Executive may be reassigned to the Alternative Position (as defined below), and upon such event, this Agreement (and the Period of Employment) will, after giving effect to any changes associated with such change of position, remain in full force and effect.

  • The unvested shares of Restricted Stock granted pursuant to this Agreement shall automatically terminate and be forfeited (without any action by any party hereto) on the sooner of (x) the date on which the Participant’s employment is terminated and (y) the date on which the Participant ceases to serve in the position of or in an Alternative Position.

  • Alternative Position - A position to which an eligible employee may be temporarily reassigned during a period of intermittent Family and Medical (F&M) leave and/or working a reduced schedule.

  • The unvested RSUs granted pursuant to this Agreement shall automatically terminate and be forfeited (without any action by any party hereto) on the sooner of (x) the date on which the Participant’s employment is terminated and (y) the date on which the Participant ceases to serve in the position of [ ] or in an Alternative Position.

  • The Company will endeavour to redeploy Employees whose positions have been made redundant, in the first instance, into a Comparable Position, or if such a position is not available, into a Suitable Alternative Position.


More Definitions of Alternative Position

Alternative Position means the opportunity to continue employment with the Company, any Subsidiary or any successor to the Company or a Subsidiary following a Change in Control or a sale of stock or assets of the Company or Subsidiary, a joint venture or a sale, divestiture or outsourcing of a business unit or function, or other transaction involving Executive’s employer or substantial job functions (a “Corporate Transaction”):
Alternative Position means a position that (a) is not more than fifty (50) miles from the location of your

Related to Alternative Position

  • Comparable Position means a position where:

  • Queue Position means the priority assigned to an Interconnection Request, a Completed Application, or an Upgrade Request pursuant to applicable provisions of Tariff, Part VI.

  • Competitive Position means any employment with a Competitor in which Executive will use or is likely to use any Confidential Information or Trade Secrets, or in which Executive has duties for such Competitor that relate to Competitive Services and that are the same or similar to those services actually performed by Executive for the Company;

  • Derivative Positions means, with respect to a stockholder or any Stockholder Associated Person, any derivative positions including, without limitation, any short position, profits interest, option, warrant, convertible security, stock appreciation right, or similar right with an exercise or conversion privilege or a settlement payment or mechanism at a price related to any class or series of shares of the Corporation or with a value derived in whole or in part from the value of any class or series of shares of the Corporation, whether or not such instrument or right shall be subject to settlement in the underlying class or series of capital stock of the Corporation or otherwise and any performance-related fees to which such stockholder or any Stockholder Associated Person is entitled based, directly or indirectly, on any increase or decrease in the value of shares of capital stock of the Corporation;

  • Eligible position or "full-time job" means a full-time position