Common use of Individual guarantees Clause in Contracts

Individual guarantees. 1. Classification guarantee a. to an employee who is younger than 55 and who, due to a lack of work over a longer period at a level corresponding to his/her grade, must be transferred to a lower level job, in which case classification into the next lower grade will follow. b. if the employee’s job level is lowered because the employee’s contribution over a longer period does not meet the job requirements. c. in case of measures such as: • the closure of a plant or business unit; • a significant and permanent change in the employee’s tasks; • a drastic reduction in the staffing levels of a plant or business unit; • another grading as a result of an organization wide function evaluation. In such instances the employer will make further arrangements in consultation with the organizations.

Individual guarantees. 1. Classification guarantee a. to an employee who is younger than 55 and who, due to a lack of work over a longer period of time at a level corresponding to his/her grade, must be transferred to a lower level job, in which case classification into the next lower grade will follow. b. if the employee’s job level is lowered because the employee’s contribution over a longer period of time does not meet the job requirements. c. in case of measures such as: • - the closure of a plant or business unit; • - a significant and permanent change in the employee’s tasks; • - a drastic reduction in the staffing levels of a plant or business unit; • another grading as a result of an organization wide function evaluation. In such instances the employer will make further arrangements in consultation with the organizations.

Individual guarantees. 1. Classification guarantee a. to an employee who is younger than 55 and who, due to a lack of work over a longer period of time at a level corresponding to his/her grade, must be transferred to a lower lower-level job, in which case classification into the next lower grade will follow. b. if the employee’s job level is lowered because the employee’s contribution over a longer period of time does not meet the job requirements. c. in case of measures such as: • - the closure of a plant or business unit; • - a significant and permanent change in the employee’s tasks; • - a drastic reduction in the staffing levels of a plant or business unit; • another grading as a result of an organization wide function evaluation. In such instances the employer will make further arrangements in consultation with the organizations.