Faculty Rights Relative to Financial Crisis Sample Clauses

Faculty Rights Relative to Financial Crisis. It is the right of the university employees to be informed in a timely manner that the University is in a period of financial crisis and to have access to financial information appropriate to understanding the nature and extent of the crisis. The President shall announce that the University is experiencing financial crisis at the earliest opportunity after confirmation from the Board of Trustees. The President will provide detailed budget information and will apprise university employees of the budget reduction plan and the schedule for its implementation.
Sample 1
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Faculty Rights Relative to Financial Crisis. It is the right of the faculty to be informed in a timely manner that the University is in a period of financial crisis and to have access to financial information appropriate to understanding the nature and extent of the crisis. The President shall announce to the faculty at the earliest possible faculty meeting that the University is experiencing financial crisis. He will provide the faculty with detailed budget information and will apprise them of the budget reduction plan and the schedule for its implementation. The faculty shall be given opportunity for meaningful involvement in decisions relating to the reduction of instructional programs proposed to meet the necessities of financial crisis. The faculty shall not be made to bear an undue proportion of the economies relative to financial reduction.
Sample 1

Related to Faculty Rights Relative to Financial Crisis

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  • Rules of Competition Concerning Undertakings 1. The following are incompatible with the proper functioning of this Agreement in so far as they may affect trade between the Parties:

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