Common use of Retention of Rights and Privileges Clause in Contracts

Retention of Rights and Privileges. 8.01 The parties agree to enter into meaningful consultation, upon merger, amalgamation or combination of the employer's operations or functions with another organization, with a view to establishing voluntary exit packages for employees, if required. Should the employer cease operations, the employer agrees to make every reasonable effort to have all employees placed into equivalent positions throughout the Alliance family.

Appears in 6 contracts

Samples: Unit v Agreement, Unit v Agreement, Unit v Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!