Common use of Notice of Lay-Off Under Confirmed Financial Exigency Clause in Contracts

Notice of Lay-Off Under Confirmed Financial Exigency. The President shall provide written notice to Members who are to be laid off in accordance with Article 45 under a confirmed financial exigency, with copies of the individual notices to the Association, as much in advance of the date of lay-off as possible, but not less than: (a) six (6) months in advance of the lay-off date for Members on definite-term appointments, and for Members holding probationary-term appointments with fewer than three (3) years of service; (b) nine (9) months in advance of the lay-off date for Members holding probationary-term appointments with three (3) to six (6) years of service; (c) twelve (12) months in advance of the lay-off date for Members with tenure or holding probationary-term appointments with more than six (6) years of service. By informing a Member and the Association in writing twenty (20) days in advance, the University may lay off a Member with pay in lieu of notice or with a combination of notice and pay in lieu of notice totalling the appropriate notice period in (a) to (c) above.

Notice of Lay-Off Under Confirmed Financial Exigency. The President shall provide written notice to Members who are to be laid off in accordance with Article 45 under a confirmed financial exigency, with copies of the individual notices to the Association, as much in advance of the date of lay-off as possible, but not less than: (a) six (6) months in advance of the lay-off date for Members on definite-term Definite Term appointments, and for Members holding probationary-term appointments with fewer than three (3) years of service; (b) nine (9) months in advance of the lay-off date for Members holding probationary-term appointments with three (3) to six (6) years of service; (c) twelve (12) months in advance of the lay-off date for Members with tenure or holding probationary-term appointments with more than six (6) years of service. By informing a Member and the Association in writing twenty (20) days in advance, the University may lay off a Member with pay in lieu of notice or with a combination of notice and pay in lieu of notice totalling the appropriate notice period in (a) to (c) above.