Alternative Position definition
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.