Employee Protection Provision. 18.1 In the event of a Restructuring, as defined in the Employment Relations Act (being the sale, transfer, or contracting out of all or part of the business), that may affect Your employment, the Employer will: (a) as soon as is reasonably practicable, taking into account the commercial requirements of the business, commence negotiations with the potential new Employer concerning the impact of the restructuring on Your position and agree on how those negotiations will be conducted; and (b) negotiate with the potential new Employer regarding whether or not it proposes to offer employment to you, and if so the terms and conditions it proposes to offer employment to you, and the proposed date for commencement of employment with the potential new Employer. 18.2 Whether or not you are employed by the potential new Employer, for whatever reason, the Redundancy clause in this agreement applies and you will not be entitled to any additional payment, whether by way of redundancy compensation or otherwise.
Appears in 8 contracts
Samples: Individual Fixed Term Employment Agreement, Individual Fixed Term Employment Agreement, Individual Fixed Term Employment Agreement