Preliminary Report. If, as a result of discontinuation or curtailment of an academic unit of instruction or as a result of a financial exigency, the president of the College determines that the best interests of the College necessitate reducing the number of faculty, the College shall prepare a preliminary report to be submitted to the affected academic unit(s) and to the president of the Association. The preliminary report shall include a rationale upon which the decision is based. For the purposes of this section, a financial exigency is defined as that condition when revenues are so limited that the College believes it can no longer continue to fulfill current and/or future financial obligations under the contract without disrupting the administration and program integrity of the College.
Appears in 3 contracts
Sources: Employment Agreement, Contract Between Edison State Community College and the Edison State Education Association, Contract Between Edison State Community College and the Edison State Education Association