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

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

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