Common use of Workforce Matters Clause in Contracts

Workforce Matters. (i) Subject to applicable collective bargaining agreements, for a period of three years following the Effective Time, any reductions in workforce in respect to employees of the Company (except as provided in subparagraph (ii) below) shall be made on a fair and equitable basis, in light of the circumstances and the objectives to be achieved, giving consideration to previous work history, job experience and qualifications, without regard to whether employment was with WPL or its Subsidiaries, IES or its Subsidiaries, or Interstate or its Subsidiaries, and any employees whose employment is terminated or jobs are eliminated by the Company or any of its Subsidiaries during such period shall be entitled to participate on a fair and equitable basis in the job opportunity and employment placement programs offered by the Company or any of its Subsidiaries. Any workforce reductions carried out following the Effective Time by the Company and its Subsidiaries shall be done in accordance with all applicable collective bargaining agreements, and all laws and regulations governing the employment relationship and termination thereof including, without limitation, the Worker Adjustment and Retraining Notification Act and regulations promulgated thereunder, and any comparable state or local law. (ii) During the three-year period ending on the third anniversary of the Closing Date, the overall employment levels of the Company in the greater Dubuque area as measured against such levels as of the Closing Date will not fall (for any reason whatsoever, including attrition of all types) below the following levels, (A) prior to the first anniversary of the Closing Date, 90%, (B) prior to the second anniversary of the Closing Date, 75%, and (C) prior to the third anniversary of the Closing Date, 60%.

Workforce Matters. (i) Subject to applicable collective bargaining agreements, for a period of three years following the Effective Time, any reductions in workforce in respect in.respect to employees of the Company (except as provided in subparagraph (ii) below) shall .shall be made on a fair and equitable basis, in light of the .the circumstances and the objectives to be achieved, giving consideration to previous work history'Workhistory, job experience experience-and qualifications, without regard to whether employment was with WPL or its Subsidiaries, IES or its Subsidiaries, or Interstate or its Subsidiaries, and any employees whose employment whoseemployment is terminated or jobs are eliminated elimi nated by the Company or any of its Subsidiaries during such period shall be entitled to participate on a fair and equitable basis in the job opportunity and employment placement programs offered by the Company Company. or any of its Subsidiaries. Any workforce reductions carried out following the Effective Time by the Company and its Subsidiaries shall be done in accordance with all applicable collective bargaining agreements, and agreements,.and all laws and regulations governing the employment relationship and termination thereof including, without limitationlimita tion, the the' Worker Adjustment and Retraining Notification Act and regulations promulgated thereunder, and any comparable state or local law. . (ii) During ii),During the three-year period ending on the third anniversary of the Closing Date, the overall employment levels of the Company in the greater Dubuque area as measured the in against such levels as of the Closing Date will not fall (for for' any reason whatsoever, including attrition of all types) below the following levels, (A) prior to the first anniversary of the the- Closing Date, 90%, (B) prior to the second anniversary of the Closing Date, 75%, and (C) prior to the third anniversary of the Closing Date, 60%.