Intended Return Date definition
Intended Return Date will mean the date on which Purchaser will return employees to GM as specified in the Purchaser Return Notice. This written notice shall be provided to the director of the GM National Employee Placement Center, Room 9-128, 3044 ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇. Notwithstanding the foregoing, in the event that GM notifies Purchaser that it has an accelerated need for employees which varies from the status report, Purchaser and GM will use reasonable efforts to accommodate their respective business needs. For a period of three years post Closing, Purchaser will pay GM a rate of $23,256 per annum for each GM Trim Employee who returns to GM, is placed in the Grand Rapids JOBS Bank, is no longer actively employed in the trim operations, or is otherwise terminated from employment with Purchaser. Notwithstanding the previous sentence, if Lear hires an employee to directly replace a GM Trim Employee (a "Lear Trim Employee"), Purchaser will pay GM the following reduced rate per annum for each replaced GM Trim Employee (until such time as the Lear Trim Employee is no longer actively employed in the trim operations, at which time the rate will revert to $23,256 per annum): 9/1/98- 9/l/99- 9/l/2000- 8/31/99 8/31/2000 8/31/2001 $11,850 per $5,200 per $2,300 per employee employee employee For a period of five years post Closing, Purchaser will pay GM at an annual rate as scheduled below for each GM Other Hourly Employee who returns to GM, is placed in the Grand Rapids JOBS Bank, is no longer actively employed in the manufacture of seat adjuster products under current supply agreements and direct replacement products, or is otherwise terminated from employment with Purchaser. Purchaser's maximum aggregate obligation under this provision will be US $20,200,000. For each GM Other Hourly Employee who returns to GM, is placed in the Grand Rapids JOBS Bank, is no longer actively employed in the manufacture of seat adjuster products under current supply agreements and direct replacement products, or is otherwise terminated from employment with Purchaser, Purchaser will pay GM at the following annual rates: 9/1/98- 9/l/99- 9/l/2000- 9/1/2001- 9/l/2002- 8/31/99 8/31/2000 8/31/2001 8/31/2002 8/31/2003 $32,000 per $25,600 per $19,200 per $12,800 per $6,400 per employee employee employee employee employee
Examples of Intended Return Date in a sentence
Number of hours teaching per week Module Level Module Title (Indicative or actual) Start Date at HEI End Date at HEI Intended Date of Departure Intended Return Date Note: Conferences are generally not covered by the Erasmus+ programme.
Is this the member of staff Academic or Non-Academic (please tick below): Academic Non-Academic Intended Date of Departure Intended Return Date Note: Minimum number of teaching hours per week: 8 Note: Conferences are generally not covered by the Erasmus+ programme.