Examples of Redundant Employee in a sentence
On the Closing Date, the Sellers shall provide the Purchaser with a written table that lists all cost items of the Redundancy Costs that are or will be reflected as a liability (Verbindlichkeit) or provision (Rückstellung) in the Q4 Financial Statements; with regard to each cost item the table shall specify the name of the Redundant Employee, the kind and amount of the respective Redundancy Cost and the date and recipient of the respective payment.
The Redundant Employee Plan for Hotel Renovation is without possibility of withdrawal.
If following discussions under sub-clause 8.8.2 the Company decides that a position or positions are redundant and the employment of one or more employees will be terminated on redundancy grounds, the Company will provide to the employee whose position has been made redundant (Redundant Employee) four weeks' notice of termination of employment.
Where possible, the Employer will announce the redundancy orally and will always confirm it in writing by sending the Redundant Employee a Letter of Notification.
The salary of a Redundant Employee who accepts a Suitable Position with a lower Salary Scale is gradually reduced to the salary related to the Suitable Position.