Incumbent Rights definition

Incumbent Rights. When a position or class of positions is reclassified, the incumbents in the positions should be entitled to serve in the new positions.
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Incumbent Rights. When an entire classification of positions is reclassified 19 all incumbents in those positions shall be entitled to serve in the new positions.
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Examples of Incumbent Rights in a sentence

  • The Employer on behalf of all fulltime employees, with the exception of those named in Schedule A - Incumbent Rights Protection, will match the fulltime employees contribution of 4% of gross wages to a registered pension plan as provided by the Employer.

Related to Incumbent Rights

  • Company-Owned IP Rights means Company IP Rights that are or are purportedly owned or exclusively licensed to the Company or any Subsidiary; and “Company-Licensed IP Rights” means Company IP Rights that are not Company-Owned IP Rights.

  • Victim or target of Nazi persecution means any individual persecuted or targeted for persecution by

  • Company Owned Intellectual Property means all Intellectual Property owned or purported to be owned by the Company, in whole or in part.

  • Excluded Intellectual Property means any Intellectual Property (including Software, but excluding Trademarks), owned by Seller and its Affiliates as of the date hereof that is not Acquired IP.

  • Approved Stock Plan means any employee benefit plan which has been approved by the board of directors of the Company prior to or subsequent to the date hereof pursuant to which shares of Common Stock and standard options to purchase Common Stock may be issued to any employee, officer or director for services provided to the Company in their capacity as such.