FVS definition
Examples of FVS in a sentence
During the Vesting Period and until expiration of the FVS Holding Period with respect to the First Vested Shares, the Restricted Shares may not be transferred or encumbered by the Recipient by means of sale, assignment, mortgage, transfer, exchange, pledge, or otherwise.
There will be a maximum of the four (4) employees allowed off on FVS per shift (two (2) in Fire Suppression and two (2) in EMS, and one (1) additional FVS per year per paramedic), with the exception of holidays or the day before or after a holiday.
If an employee requests a Defined Payback FVS and is denied and the employee calls in sick for that shift, s/he must provide a physician’s certificate signed by a physician upon his/her return to duty.
At the time the bargaining unit employee makes the request for a Defined Payback FVS, the Fire Chief will provide up to three optional dates from the employee’s remaining scheduled vacation days during the same calendar year and the employee shall, at that time, select the pay-back date from the options provided or the employee may choose not to use a Defined Payback FVS.
The Lease fee will be invoiced upon installation and quarterly thereafter for all installed FVS equipment in accordance with the fee table below.
Customer may not assign, remove or attempt to sell or transfer any FVS equipment to another party or property, without Fastenal’s written permission.
For the FVS equipment specifically identified as Locker units, the parties understand that the Customer may utilize the check in and checkout features for goods not distributed by Fastenal.
The FVS will be reflected in the appointment/reappointment letter.
Fastenal retains the right to terminate and remove the FVS equipment from Customer site, at Fastenal’s sole discretion and without liability.
Customer may terminate this Agreement if Fastenal does not timely service the FVS equipment, including the replenishment of products.