Common use of Circumstances for Retrenchment Clause in Contracts

Circumstances for Retrenchment. 3.2.1. Financial exigency, defined as financial problems so severe that they threaten the University’s ability to maintain its operations at an acceptable level of quality; 3.2.2. Significant reduction in enrollment of a college, department/school, or program continuing over five (5) or more consecutive academic semesters (not including summer) and which is expected to persist; 3.2.2.1. In the case of certain non-instructional institutes or centers, evidence must be based on revenue trends over a minimum of five semesters (not including xxxxxxx). 3.2.3. Discontinuation of a college, department/school, or program; or 3.2.4. Action by the Ohio Department of Higher Education or Ohio General Assembly or accrediting body which requires the University to implement a retrenchment.

Appears in 6 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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