Options on Job Abolition Clause Samples

The "Options on Job Abolition" clause defines the rights and procedures available to employees whose positions are eliminated due to organizational restructuring or redundancy. Typically, this clause outlines the choices an affected employee may have, such as accepting a severance package, transferring to another suitable position within the organization, or opting for early retirement if eligible. By clearly specifying these options, the clause provides a structured process for handling job abolitions, ensuring fairness and reducing uncertainty for both the employer and the employee during workforce changes.
Options on Job Abolition. An employee who has been notified of job abolition shall have the following options: a) to bump in accordance with Article 13.5 b) to have his name placed on the re-employment list in accordance with Article 13.6 c) to resign and collect severance pay in accordance with Article 19.3 d) to retire if qualified within the terms of the pension plan. An employee will notify the Employer in writing of the option he selected within 7 (seven) calendar days of receiving notice of job abolition.
Options on Job Abolition. Permanent employees who have had their jobs abolished may choose the following:
Options on Job Abolition. ‌ 14.3.1 Permanent employees who have had their jobs abolished may choose the following: a) to bump. b) to go on the re-employment list. c) to resign or retire. Option chosen must be in writing to the CEO or designate within ten (10) business days.
Options on Job Abolition. Permanent employees who have had their jobs abolished or are laid off may choose either of: Office, Regulated and Field: a-i) To use their bargaining unit seniority to bump a junior office, field or regulated employee in a position for which the employee has the necessary qualifications, knowledge, education, and skills relevant to the job in the same, similar or lower classification. If no position is derived from this process the employee may choose either option b) or c). A permanent employee who has been bumped by this process shall be allowed to exercise the options contained in this Article. Instructors and Instructors Aides: a-ii) to use their bargaining unit-wide seniority, to bump a junior Instructor or an Instructor Aide if appropriate, providing that they possess the qualifications and skills necessary to perform their duties. If no position is derived from this process the employee may choose to exercise either option b) or c). Employees shall not bump out of a short-term program which has run to its projected completion, into a short-term program that is currently in progress. A permanent employee who has been bumped by this process shall be allowed to exercise the options contained in this Article.

Related to Options on Job Abolition

  • Restrictions on Testing If the Engineer will perform commercial laboratory testing under this contract, on any project the Engineer may not perform more than one of the following types of testing: 1. verification testing; 2. quality control testing; or 3. independent assurance testing

  • Limitations on Termination Except as provided in Section 9.1, neither the Seller nor the Certificateholders shall be entitled to revoke or terminate the Issuer.

  • Actions on Termination (a) On the Termination Date, the Borrowers shall pay the Administrative Agent (whether or not then due), in immediately available funds, all Liabilities including, without limitation: the following:

  • Restrictions on Change of Scope (i) No Change of Scope shall be executed unless the Authority has issued the Change of Scope Order save and except any Works necessary for meeting any Emergency. (ii) The total value of all Change of Scope Orders shall not exceed 10% (ten per cent) of the Contract Price. (iii) Notwithstanding anything to the contrary in this Article 13, if any change is necessitated because of any default of the Contractor in the performance of its obligations under this Agreement, the same shall not be deemed to be Change of Scope, and shall not result in any adjustment of the Contract Price or the Project Completion Schedule.

  • Considerations on Review In considering the review, the Plan Administrator shall take into account all materials and information the claimant submits relating to the claim, without regard to whether such information was submitted or considered in the initial benefit determination.