CHANGE IN EMPLOYMENT CATEGORY. If the employment category (as per Article 32 – Employment Category) of a position changes, the Employer will so notify the affected Employee, in writing, with a copy to YusApuY two (2) months prior to the change together with the reason. YusApuY and the Employer will meet with the affected Employee within ten (10) working days of the Employee's receipt of such notice to discuss with the Employee the following available options:
CHANGE IN EMPLOYMENT CATEGORY. The Company and Executive agree that in the event the Company’s business needs require less of the Executive’s time to achieve its business objectives, the Company with written notice to the Executive, may change the Executive’s Employment Category from Full-time to Part-time status defined as an employee who works on a regular basis less than 40 hours per workweek. In the event the Executive’s Employment Category changes to Part-time status, the Executive and Company agree that; (a) Change In Employment Category to Part-time status will not be considered a ‘‘termination’’ as defined in Section 5.03 (Termination for Good Reason or Without Cause) or Section 5.04 (Termination As a Result of Change of Control); (b) the Executive’s Base Salary rate will be reduced in proportion to the number of hours worked; (e) the Executive will participate in benefits as defined in Section 4.04 except that certain benefits may be prorated based on the number of hours worked. If the Executive is terminated at a date after a change in Employment Category to Part-time status, as defined in this Section 3.03, for any reason defined in Section 5.02, Section 5.03, or Section 5.04, the Executive, (or in the case of Termination Due to Death or Disability as defined in Section 5.02, the Executive’s estate or legal representative), would be entitled to receive solely; (i) the Base Salary through the Date of Termination; and (ii) the bonus (if any) that would have been payable to the Executive for the year of termination as determined by the Compensation Committee of the Board of Directors in accordance with the annual bonus plan as set forth in Section 4.02. In addition, promptly following any such termination, the Executive shall also be reimbursed all Reimbursable Expenses incurred by the Executive prior to such termination.
CHANGE IN EMPLOYMENT CATEGORY. If the employment category (as per Article Employment Category) of a position changes, the Employer will so notify the affected Employee, in writing, with a copy to two (2) months prior to the change together with the reason. and the Employer will meet with the affected Employee within ten working days of the Employee's receipt of such notice to discuss with the Employee the following available options: The Employee may accept the altered position; or the Employee may decline the altered position, in which case the terms of this Article will apply, except that such Employee may not elect to be placed in or to bump into a position with the same hours as the altered position. The Employee will inform the Employer within five (5) working days which of the options has been selected.
