Common use of Back to Contents Clause in Contracts

Back to Contents. If (other than under clause 11.1 of this contract) the Company serves notice on you to terminate your employment, the Company shall pay you the Relevant Termination Payment in lieu of notice or require you to take 'garden leave' during the remaining period of your employment (up to a maximum of three months) and a commensurately reduced Relevant Termination Payment;

Appears in 2 contracts

Sources: Contract of Employment (Abbey National PLC), Employment Agreement (Abbey National PLC)