Common use of SECURITY OF EMPLOYMENT AND SEVERANCE PAYMENT Clause in Contracts

SECURITY OF EMPLOYMENT AND SEVERANCE PAYMENT. (1) (a) In the case of retrenchment an employer, subject to subclause (2), shall pay to each employee who is retrenched, in addition to any other amounts to which he is entitled in terms of this Agreement on termination of service, a severance payment of a minimum of one week‘s wages, together with the following:

Appears in 2 contracts

Samples: Main Agreement, Main Agreement

AutoNDA by SimpleDocs

SECURITY OF EMPLOYMENT AND SEVERANCE PAYMENT. (1) (a) In the case of retrenchment an employer, subject to subclause (2), shall pay to each employee who is retrenched, in addition to any other amounts to which he is entitled in terms of this Agreement on termination of service, a severance payment of a minimum of one week‘s week’s wages, together with the following:

Appears in 2 contracts

Samples: Main Agreement, Main Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.