Changes to Employment Clause Samples

Changes to Employment. Commencing on the date of this Amendment until Closing and without limiting the generality of Section 9.01(a) of the Agreement, Seller shall cause the Company not to pay, promote or provide any bonuses (whether monetary or otherwise) or increases in salary for any of the Company’s employees or independent contractors without the prior written consent of Purchaser in Purchaser’s sole and absolute discretion.

Changes to Employment. Executive agrees that the Company has the right from time to time to set or alter the duties of the job, to transfer, reassign or suspend Executive, exclude Executive from the Company’s premises or require Executive to work from home, in the Company’s sole discretion from time to time without notice or compensation in lieu of notice. Notwithstanding the foregoing, due to the Executive’s provision of services to one or more of the Affiliates pursuant to the Affiliate Agreements, the Company acknowledges and agrees that Executive will travel between the Affiliates’ offices, the Company’s offices and other locations where each transacts business. Accordingly, all such travel expenses constitute business expenses and will be paid or reimbursed in accordance with the Company’s policies.

Changes to Employment. If the Employer has made a definite decision to introduce major changes across the site that is likely to have significant effect on employees, then the Employer will notify the employees who may be affected by the changes, and if requested by the employees their nominated representative. Notification will include an explanation as to why the changes are occurring, the extent of the changes, the impact that the changes will have on employees and any measures introduced to prevent or lessen any adverse effect on employees. Notification will occur prior to the introduction of any change. Significant effect includes any change to employment status, termination of employment or restructuring of roles. Permanent employees may be able to make voluntary pre-tax contributions or payments through a written salary sacrifice agreement between the employer and the employee. The employer will pay the salary sacrifice amount in accordance with the salary sacrifice agreement. An employee may apply to have their fortnightly earnings reduced by an amount nominated by them as a salary sacrifice contribution for their benefit. The total value of the reduced gross payment and the agreed value of the benefits provided will not be less than the amount that would otherwise be paid if the salary sacrifice arrangement was not in place. The parties recognise the need for employees to consider independent financial and taxation advice and the Employer recommends that employees consider such advice prior to entering into salary sacrifice arrangements. In the event that the law governing superannuation and/or taxation make the objective of this clause ineffective, unattainable or illegal, the employer will advise the employee concerned. The salary sacrifice contribution arrangement will be terminated or amended to comply with such laws. Unless otherwise agreed by the employer, an employee may revoke or vary their salary sacrifice contribution/payment by giving not less than one month’s written notice, provided the terms of any other agreement relating to the salary sacrifice benefit are met.