Continuing Position definition
Examples of Continuing Position in a sentence
Continuing Position: A position established to perform functions expected to continue for a period of more than seven consecutive (7) months.
The Maturity Funds Register shall be maintained in such a manner as to enable Servicer to prepare and make available to each Continuing Position Holder having an interest in the Maturity Funds and any Maturity Funds Loan(s) a Statement of Maturity Account at any time.
The reimbursement available for Professional Development will be pro-rated for a Part-time Employee in a Continuing Position.
A Current Position Holder who is a Fractional Interest Holder and did not make any affirmative Election with respect to a Fractional Position shall be deemed to have elected treatment as a Continuing Fractional Holder with respect thereto, subject to the terms and conditions of the Plan and this Position Holder Trust Agreement, including the Continuing Position Holder Contribution.
This right of recall shall exist for a twelve (12) month period from the effective date of redundancy An individual who has received a special compensation payment under the provisions of sub-section or above and subsequently is reappointed to a Continuing Position shall reimburse to the College an amount equal to the amount of the special compensation payment received, less the amount he would have received as salary during the period between termination and rehire.
Position Holder Trust hereby appoints Servicer to provide the Services (as defined in Exhibit A) on behalf of Position Holder Trust and for the benefit of the Continuing Position Holders (as defined in Exhibit A), in accordance with the terms and conditions of this Agreement, and Servicer hereby accepts such appointment.
All monies and other property deposited or held from time to time in the General Account shall be held by the Trustee for the exclusive benefit of the Position Holder Trust Beneficiaries and such other Persons, including Continuing Position Holders, entitled to payments or distributions therefrom and shall be distributed, or used to pay expenses relating to the administration of the Position Holder Trust as expressly provided herein, all in accordance with the terms of this Position Holder Trust Agreement.
See Leaves Continuing Employee Benefits, Conversion to Continuing Position, Definition, Determination of Position Status, Entitlement to College Courses, Exceptions, Position Redundancy, Professional Development, Salary Adjustments, Salary Grid, Termination, Personal Information.
Servicer shall process payment of all of the Maturity Funds Loans (including all of those payable on the Distribution Date) using the information provided by Position Holder Trust, and update the Statement of Maturity Account for each Continuing Position Holder having an interest in the Maturity Funds.
The following guidelines will be used to determine when it is appropriate to convert an Adjunct Position to a Continuing Position.