Common use of Redundancy Protection Clause in Contracts

Redundancy Protection. The Enterprise shall participate in a Redundancy Protection Scheme shall make relevant contributions on behalf of all employees to provide for the payment of redundancy benefits to employees. • The benefits to be provided to the Employees shall be equivalent to, or superior than, the benefits provided by the Incolink Redundancy Protection Scheme. • The particular Redundancy Protection Scheme to be provided shall be agreed between the Union and the Enterprise. The Incolink Redundancy Protection Scheme or a similar scheme providing equivalent or superior benefits shall be taken as agreed to by the Parties for the purpose of this clause.