Common use of Redundancy / Severance Clause in Contracts

Redundancy / Severance. 4.7.1 Definition Redundancy means the loss of employment due to the employer no longer requiring the job the employee has been doing to be performed by anyone, except where this is due to the ordinary and customary turnover of labour; or because of the insolvency or bankruptcy of the employer. Redundant has a corresponding meaning.

Redundancy / Severance. 4.7.1 4.6.1 Definition Redundancy means will mean the loss of employment due to the employer no longer requiring the job the employee has been doing to be performed by anyone, except where this is due to the ordinary and customary turnover of labour; or because of the insolvency or bankruptcy of the employer. Redundant has a corresponding meaning.