Common use of Compulsory Redundancy Clause in Contracts

Compulsory Redundancy. Where all the foregoing procedures and voluntary measures have been implemented and as a last resort the Company considers that compulsory redundancy is unavoidable, the terms for any compulsory redundancies deemed necessary by the Company will be those which apply in either Voluntary Early Retirement (paragraph 4) or Voluntary Redundancy (paragraph 5) depending on the age of Executives and membership of the Company’s Pension Scheme. Executives who are made Compulsorily Redundant shall receive the Compulsory Redundancy terms in full and final settlement of all claims for wrongful dismissal (if any). The date of termination of employment shall be notified in writing by the Company.

Compulsory Redundancy. Where all the foregoing procedures and voluntary measures have been implemented and as a last resort the Company considers that compulsory redundancy is unavoidable, the terms for any compulsory redundancies deemed necessary by the Company will be those which apply in either Voluntary Early Retirement (paragraph 43) or Voluntary Redundancy (paragraph 54) depending on the age of Executives and membership of the Company’s 's Pension Scheme. Executives who are made Compulsorily Redundant shall receive the Compulsory Redundancy terms in full and final settlement of all claims for wrongful dismissal (if any). The date of termination of employment shall be notified in writing by the Company.

Compulsory Redundancy. Where all the foregoing procedures and voluntary measures have been implemented and as a last resort the Company considers that compulsory redundancy is unavoidable, the terms for any compulsory redundancies deemed necessary by the Company will be those which apply in either Voluntary Early Retirement (paragraph 43) or Voluntary Redundancy (paragraph 54) depending on the age of Executives and membership of the Company’s Pension Scheme. Executives who are made Compulsorily Redundant shall receive the Compulsory Redundancy terms in full and final settlement of all claims for wrongful dismissal (if any). The date of termination of employment shall be notified in writing by the Company.