Benefits Following Layoff Clause Samples

The "Benefits Following Layoff" clause defines the employer's obligations to provide certain benefits to employees who are laid off. Typically, this clause outlines which benefits, such as health insurance continuation, severance pay, or outplacement services, will be extended to affected employees and for how long after their employment ends. For example, it may specify that health coverage continues for a set period or that severance is calculated based on years of service. The core function of this clause is to ensure that employees receive support and a degree of financial security after a layoff, while also clarifying the employer's responsibilities and reducing potential disputes.
Benefits Following Layoff. ‌ Employees who are laid off, and elect to go on layoff status, may request and use their accumulated compensatory time, personal leave, and vacation leave. Furthermore, should a laid off employee subsequently be appointed (on either a temporary or a permanent basis) to a position which is outside the bargaining unit, that employee's layoff status (and recall right) shall not be terminated or jeopardized. Employees who are laid off, and elect not to go on layoff status, shall be considered dismissed and they may, provided and to the extent they are eligible, receive their final payment for accumulated compensatory time, vacation leave and sick leave. This also applies to employees whose layoff status is terminated in accordance with the provisions below.
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Benefits Following Layoff. Upon written application a laid off bargaining unit member shall be granted priority status on the appropriate substitute list(s) according to his/her seniority and qualifications. Insurance benefits, as established in this Agreement, shall continue through the end of the calendar month following the month during which an Assistant's layoff (or displacement and reassignment to a non-benefit position) becomes effective. Laid off bargaining unit members may arrange to continue applicable insurance benefits by contacting the employee benefits department within thirty (30) days of layoff (or displacement and reassignment to a non-benefit position) and paying the monthly premium at the District's group rate.
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Benefits Following Layoff. Bumping................................................................................................. Recall..................................................................................................... 17..............................TECHNOLOGICAL CHANGE 18 18..............................VACANCIES AND PROMOTIONS 18 Seniority and Qualifications ......................................................................
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Related to Benefits Following Layoff

  • Compensation Following Termination In the event that Executive’s employment hereunder is terminated, Executive shall be entitled only to the following compensation and benefits upon such termination:

  • Compensation Following Termination of Employment In the event that Executive's employment hereunder is terminated, Executive shall be entitled to the following compensation and benefits upon such termination:

  • Termination; Survival Following Termination (i) Either party may terminate this Agreement prior to the end of the Agency Period, by giving written notice as required by this Agreement, upon ten (10) Trading Days’ notice to the other party; provided that, (A) if the Company terminates this Agreement after the Agent confirms to the Company any sale of Shares, the Company shall remain obligated to comply with Section 3(b)(v) with respect to such Shares and (B) Section 2, Section 6, Section 7 and Section 8 shall survive termination of this Agreement. If termination shall occur prior to the Settlement Date for any sale of Shares, such sale shall nevertheless settle in accordance with the terms of this Agreement. (ii) In addition to the survival provision of Section 7(b)(i), the respective indemnities, agreements, representations, warranties and other statements of the Company, of its officers and of the Agent set forth in or made pursuant to this Agreement will remain in full force and effect, regardless of any investigation made by or on behalf of the Agent or the Company or any of its or their partners, officers or directors or any controlling person, as the case may be, and, anything herein to the contrary notwithstanding, will survive delivery of and payment for the Shares sold hereunder and any termination of this Agreement.

  • Termination Following a Change of Control If the Employee's employment terminates at any time within eighteen (18) months following a Change of Control, then, subject to Section 5, the Employee shall be entitled to receive the following severance benefits:

  • Benefits on Layoff In the event of a lay-off of a full-time employee the Hospital shall pay its share of insured benefits premium up to three (3) months from the end of the month in which the lay-off occurs or until the laid off employee is employed elsewhere, whichever occurs first.