Termination Due to Redundancy Sample Clauses

Termination Due to Redundancy. The provisions of Appendix ‘A’ – Redundancy, Redeployment and Retrenchment Agreement 2002 of the Enterprise Agreement apply to you. The National may terminate your employment in the case of redundancy by giving you six weeks’ notice in writing.
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Termination Due to Redundancy. The National may terminate your employment in the case of bona fide redundancy by giving you six weeks’ notice in writing.
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Termination Due to Redundancy. Where operational requirements result in the redundancy of a position, and that redundancy will result in the termination of employment of the Employee in that position, the Employer shall give notice in accordance with clause 19 (Notice of Termination).
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Termination Due to Redundancy i) Redundancy occurs when Publicis Loyalty decides that the job or jobs of any employees are no longer required because of changing commercial or operational circumstances. In the event of needing to make staff redundant, Publicis Loyalty will deal with the event of redundancies in a sensitive way. Specifically, Publicis Loyalty will: a. Consult with employees (especially the affected employees) about the situation and the best ways to resolve it. b. Take all due alternate measures before resorting to redundancy as an option. This may include restructuring of work and/or work organisation, re-deployment of affected employees, external placement in employment or other agreed measures. c. Allow any employee given notice of redundancy up to one day’s time off without loss of pay during each week of notice for the purpose of seeking other employment. d. Provide reasonable assistance to employees made redundant to find new employment. This may include Job search skills, administrative support for preparing resumes, etc. e. Provide employees under the age of 45 with 4 weeks notice of redundancy and employees aged 45 or older with 5 weeks notice. Notice may be worked, or at the discretion of Publicis Loyalty, paid in lieu of any part of the notice period not worked. f. Pay each employee a redundancy benefit based on the scale outlined in the following scale according to length of service. The payment shall be in addition to any payment of notice period required ii) Redundancy benefits shall be paid before the employee’s separation from the business. Less than one (1) year ▇▇▇ ▇▇▇ 1 year but less than 2 4 weeks pay 5 weeks pay 2 years but less than 3 7 weeks pay 9 weeks pay Every year thereafter 3 weeks pay for every completed year of service up to a maximum of 52 NB: Payments are calculated on the basis of an employee’s average salary over their total service or at their current ordinary rate, whichever is greater.
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Related to Termination Due to Redundancy

  • Termination Due to Retirement Upon termination of the Executive based on Retirement, no amounts or benefits shall be due the Executive under this Agreement, and the Executive shall be entitled to all benefits under any retirement plan of the Company and other plans to which the Executive is a party. Termination of the Executive’s employment based on “Retirement” shall mean termination of the Executive’s employment in accordance with a retirement policy established by the Board with the Executive’s consent.

  • Termination Due to Disability If the Optionee’s employment terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date shall become fully exercisable and may thereafter be exercised by the Optionee for a period of 12 months from the date of termination or until the Expiration Date, if earlier.

  • Termination Due to Death or Disability The expiration of one (1) year from the date of the death of the Optionee or cessation of an Optionee’s employment or contractual relationship by reason of disability (as defined in Section 5.1(g) of the Plan). If an Optionee’s employment or contractual relationship is terminated by death, any Option held by the Optionee shall be exercisable only by the person or persons to whom such Optionee’s rights under such Option shall pass by the Optionee’s will or by the laws of descent and distribution.

  • Termination Due to Death If the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.

  • Termination Due to Death, Disability or Retirement In the event the Optionee’s employment with the Company and all Subsidiaries is terminated by reason of death, Disability or Retirement, this Option will remain exercisable, to the extent exercisable as of the date of such termination, for a period of one year after such termination (but in no event after the Time of Termination).