Term Positions definition

Term Positions means a position that is created or assigned for a specific period of time to replace a full-time or part-time employee or to work on a particular project. Such term positions may be utilized to replace an employee(s) who: (i) Is going on vacation or approved leave of absence of ten (10) or more consecutive working days; (ii) Is on a period of extended accident or illness; (iii) Has applied for maternity or parental leave; or (iv) For a short-time project. The duration of employment for a term position shall not normally exceed fifty-four (54) weeks unless, at the time of posting the Union and the employee(s) are informed in writing that the period of employment will be longer in duration. Term employees shall be required to complete their term of employment before they can apply for another position in the bargaining unit unless the Employer waives this requirement. Where the Employer deems a term position to be of an indefinite length due to illness or injury, or for such other reasons as indicated by the Employer, the term position shall be posted as “indefinite term”. Employees returning from this leave will provide the Employer with as much notice as possible of the date of return. The Employer and the employee occupying said term position should receive a minimum of five (5) days’ notice by the employee returning from leave. Upon completion of the term position, if the employee’s former position exists then an employee shall be returned to her former position. In the event that the employee’s former position no longer exists, the employee should be entitled to exercise her seniority as stated in Article 15:03.
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Examples of Term Positions in a sentence

  • Additional requests for Limited Term Positions, funded through targeted or time limited initiatives, will be brought to Joint Committee for consideration.

  • Term Positions will be posted and filled in accordance with Articles 34.01, 34.02, and 34.03 of this Agreement.

  • Incumbents who are hired to fill existing College Term Position(s) that have already been established will serve a probationary period of sixty-five (65) working days.

  • When the need for the Short Term Position disappears the employee would be laid off or would be considered for other Short Term Positions if they exist on the site.

  • The establishment of College Term Position(s) will not replace existing bargaining unit positions.

  • The Employer and the Union mutually agree that the following understandings apply to Article 30 Vacancies, Term Positions, and New Positions with respect to Nurses transferring to posted vacancies, term positions, and new positions for the duration of the Collective Agreement.

  • Half-time release from classroom to work on the duties assigned in the Coordinator job description Academy Coordinator-Gr 6-Adult $10,500 Curriculum Specialist $6,900 6-Year Term Positions determined by the Joint Standing Committee.

  • Program Specialist-Base $4,500 6-Year Term Positions determined by the Joint Standing Committee.

  • This provision does not apply to term employees who are hired pursuant to Article 22.07(g) (Recalling into Term Positions out of Seniority) or Article 22.07(h) (Hiring Externally into Term Position).

  • Academy Coordinator-B-Gr 5 $10,500 6-Year Term Positions determined by the Joint Standing Committee.

Related to Term Positions

  • Hedge Positions means any purchase, sale, entry into or maintenance of one or more (i) positions or contracts in securities, options, futures, derivatives, or foreign exchange, (ii) stock loan transactions, or (iii) other arrangements (howsoever described) by the Issuer and/or any of its affiliates in order to hedge, individually or on a portfolio basis, its obligations under the Notes.

  • Derivative Positions means, with respect to a stockholder or any Stockholder Associated Person, any derivative positions including, without limitation, any short position, profits interest, option, warrant, convertible security, stock appreciation right, or similar right with an exercise or conversion privilege or a settlement payment or mechanism at a price related to any class or series of shares of the Corporation or with a value derived in whole or in part from the value of any class or series of shares of the Corporation, whether or not such instrument or right shall be subject to settlement in the underlying class or series of capital stock of the Corporation or otherwise and any performance-related fees to which such stockholder or any Stockholder Associated Person is entitled based, directly or indirectly, on any increase or decrease in the value of shares of capital stock of the Corporation;

  • Matched Positions means Long and Short Positions of the same Transaction Size opened on the Trading Account for the same Instrument.

  • Cash Position means the Company’s level of cash and cash equivalents.

  • Queue Position means the priority assigned to an Interconnection Request, a Completed Application, or an Upgrade Request pursuant to applicable provisions of Tariff, Part VI.