Common use of Order of Retrenchment Clause in Contracts

Order of Retrenchment. If all reasonable efforts to find alternatives to retrenchment are exhausted and retrenchment is required as a last resort, the order of faculty retrenchment shall be as indicated below. It is understood that this order shall be absolute in any retrenchment situation, anything to the contrary notwithstanding.

Appears in 4 contracts

Samples: cpb-us-w2.wpmucdn.com, cpb-us-w2.wpmucdn.com, cpb-us-w2.wpmucdn.com

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