Termination of employment contracts Sample Clauses
The 'Termination of employment contracts' clause defines the conditions and procedures under which an employment relationship may be legally ended by either the employer or the employee. This clause typically outlines the required notice periods, acceptable grounds for termination such as misconduct or redundancy, and any obligations regarding severance pay or final compensation. Its core practical function is to provide a clear framework for ending employment, thereby reducing disputes and ensuring both parties understand their rights and responsibilities when the contract concludes.
Termination of employment contracts. Each Group Company can terminate the employment contracts with its Employees by giving to the Employee not more than three months’ notice without giving rise to a claim for damages or compensation (except statutory compensation).
Termination of employment contracts. 11.2.1. In general on termination of employment The right to terminate employment is mutual. Any termination of employment shall be in writing and in the same language as the employment contract of the employee.
11.2.2. Interview on the reason for termination Employees are entitled to an interview on their termination of employment and the reasons for termination. Requests for an interview must be submitted within 4 days (based on working days) from the date that the termination notification is received, and the interview must take place within 4 days (based on working days) from such request. The employee may request, on the conclusion of such interview, or within 4 days (based on working days), that the reasons for the termination be provided in writing. In the event that the employer acquiesces to such request, the request shall be fulfilled within 4 days (based on working days) thereafter. If the employer does not acquiesce to the request of the employee as regards written reasoning, the employee is entitled to another meeting with the employer within 4 days (based on working days) as regards the reason for the termination of employment in the presence of his or her trade union representative or other representative of his or her trade union if the employee so requests.
11.2.3. Limitations to termination authorisations according to law On termination of employment, account must be taken of the provisions of law that limit employers’ general rights to terminate employment. These include, among others, provisions relating to shop stewards and safety stewards, pregnant women and parents on parental leave, employees who have given notice of maternity/ paternity and parental leave and employees with family responsibilities. Care must also be taken of the provisions of Article 4 of Act No. 80/1938 on Trade Unions and Labour Disputes, legislation on the equal status and equal rights of men and women, legislation on part-time workers, legislation on the legal status of workers on transfer of ownership of companies and consultation obligations in laws on collective redundancies. When an employee enjoys protection against termination according to law, the employer is under obligation to justify in writing the reasons for the termination of employment.
11.2.4. Penalties Violations of the provisions of this section may be subject to compensation according to general rules of tort.
Termination of employment contracts. A Researcher may terminate an employment contract in excess of forty (40) hours of work or in excess of one month in duration without cause due to changes in operational requirements, lack of funding or poor job performance. Researchers will provide thirty (30) hours’ notice or pay in lieu of notice. Graduate Assistants (Research) when resigning, shall provide in writing to their Researcher a minimum of ten (10) business days’ notice of their intention to resign.
Termination of employment contracts. Save as disclosed in Annex 10.11.5, none of the employment contracts of any employee including officers and managing directors of any BOMAG Group Company is (i) subject to restrictions on the termination of the relevant employment relationship which exceeds the statutory restrictions or restrictions in collective bargaining agreements (except for notice periods) and (ii) does contain any obligation for severance payment in case of termination. Annex 10.10.5 contains a list of all employees including officers and managing directors of the BOMAG Group Companies with a notice period exceeding six months.
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Termination of employment contracts. The Seller shall, on or prior to the Closing, terminate the employment contracts of any employees employed by the Seller in respect of the Property and make such severance payments in connection therewith as may be required pursuant to the Employment Standards Act (Ontario) and the Seller shall indemnify and save harmless the Purchaser from any and all claims which may be made against the Purchaser as a result of the termination of such employment contracts.
Termination of employment contracts. That certain Executive Compensation Agreement dated November 17, 1999 between the Company and ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ and that certain Executive Employment Agreement dated January 1, 2003 between the Company and I. ▇▇▇▇▇▇ ▇▇▇▇▇▇ each has been irrevocably terminated, effective as of immediately prior to the Effective Time and pursuant to a Termination Agreement in the form attached as DISCLOSURE SCHEDULE 3.11(B), such that the Company shall have no liability thereunder following the termination thereof.
Termination of employment contracts. Prior to the Closing Date, Baytown shall take all actions necessary to terminate, and shall secure the release of all obligations under all employment contracts with it directors, officers, and employees.
Termination of employment contracts. 10.1. The parties: Company and Union recognize that work is a fundamental human right, so we are committed to a united effort and do all matters and things in place, both locally and internationally, to increase and or maintain jobs created by the Company and to implement alternatives to prevent personnel reduction.
10.2. If a worker for reasons beyond their control will see the need or obligation to resign due to studies, illness, travel or a better employment offer; the Company will agree to pay the proportion of acquired rights.
10.3. If the Company reduces its personnel for any reason, it will be committed to reinstate that personnel, pro-rated or totally, pursuant to the needs of the Company, once the causes for such reductions cease. If possible, such reinstatement will correspond to the prior category of the worker. Such personnel will enjoy preference to be hired without the Company being committed to rehire them if other candidates present better experience or capacity. For purposes of reduction meaning, it refers to the application of provisions of Articles 121,142 and 143.
Termination of employment contracts. All agreements relating to the employment or retention of employees or consultants of Source shall have been terminated without liability to the Source.