Bump Within Thirty Five 35 Miles Clause Samples

The "Bump Within Thirty-Five (35) Miles" clause establishes a rule regarding employee reassignment or displacement within a specified geographic radius. Typically, this clause allows an employee whose position is being eliminated or affected to "bump" or replace another employee with less seniority within a 35-mile radius of their current work location. For example, if a company is downsizing at one site, a more senior employee may have the right to take a similar position at another site within the defined area, displacing a less senior worker. The core function of this clause is to protect employee job security by providing opportunities for reassignment within a reasonable commuting distance, thereby minimizing the impact of layoffs or restructuring.
Bump Within Thirty Five 35 Miles 

Related to Bump Within Thirty Five 35 Miles

  • Payments Within Twelve (12) Months Except as described in the Registration Statement, the Pricing Disclosure Package and the Prospectus, the Company has not made any direct or indirect payments (in cash, securities or otherwise) to: (i) any person, as a finder’s fee, consulting fee or otherwise, in consideration of such person raising capital for the Company or introducing to the Company persons who raised or provided capital to the Company; (ii) any FINRA member; or (iii) any person or entity that has any direct or indirect affiliation or association with any FINRA member, within the twelve (12) months prior to the Effective Date, other than the payment to the Underwriters as provided hereunder in connection with the Offering.

  • Public Holidays falling within Annual Leave (a) If a Public Holiday, as prescribed in this Agreement, falls within an Employee’s Annual Leave the Public Holiday does not constitute part of the Employee’s Annual Leave and will be paid as ordinary hours.