Plant Closures Sample Clauses
The Plant Closures clause defines the procedures and obligations that apply when a facility or plant is permanently shut down. Typically, this clause outlines the notice requirements that the company must provide to employees, unions, or government authorities, and may specify severance pay, benefits continuation, or assistance with job placement for affected workers. Its core practical function is to ensure an orderly process for plant shutdowns, protect the rights of employees, and minimize legal or operational disruptions associated with closures.
Plant Closures. 39.01 In the event that the Glencoe Plant closes operations the following provisions will take affect for those who lose their employment as a result of the closure. The Company will notify the Union of any pending closure of the Glencoe plant and will enter into meaningful negotiations for the purpose of negotiating a complete severance package.
Plant Closures. Should the plant close in its entirety, the following shall apply:
Plant Closures. Section 1. This will confirm that during the term of the 2016
Plant Closures. For a period of six months following ratification of the applica- ble Modified CBA, consistent with customary business consid- erations, including but not limited to cash reserves, plant and brand profitability, and local and national market competitive- ness, the Company will seek to avoid closing any plant or facil- ity covered by a Modified CBA with the IBT. In the event that such a plant or facility is closed, the IBT shall be permitted to ar- bitrate only the specific question of whether those considerations existed. If an arbitrator finds that such conditions did not exist, the remedy shall be limited to one weeks’ pay for each IBT-rep- resented employee working at the affected plant or facility, in addition to any severance or other statutory or contractual pay- ments otherwise owed. In the event that the Company desires to close any of its plants or facilities, the Company shall give IBT at least 30 days’ prior written notice. The Company shall consult with IBT and shall use its best efforts to solicit interested parties to acquire or lease such plants and facilities or license the related Brands, in each case on terms that would allow for the continued employment of the maximum number of employees represented by IBT. The Company shall use its best efforts to cooperate with IBT in con- nection with any such transaction, and shall provide any infor- mation relating thereto to IBT contemporaneously with the delivery thereof by the Company to a potential acquirer, or promptly after the receipt thereof by the Company from a poten- tial acquirer. In the event that there is a dispute over whether the Company used its best efforts, the IBT shall be permitted to arbi- trate only the specific question of whether the Company used its best efforts in connection with obligations set forth in this Sec- tion (BB) an arbitrator finds that the Company failed to use its best efforts pursuant to the terms of this Section (BB), the rem- edy shall be limited to liquidated damages in the amount of $25,000 or less. This Section (BB) shall not apply to Permissibly Closed Plants, or, in the event of a ▇▇▇▇▇▇ Sale, to the Birmingham, AL, Jack- sonville, FL, or Orlando, FL plants, which the Company shall have the right to close in its sole discretion. The Company will abide by its effects bargaining and other legal obligations with respect to any Plant closings.
Plant Closures. Recognizing the impact of a plant closure on employees, it is agreed that the company will notify the Teamsters California State Cannery Council and the local union affected at least sixty (60) days in advance of the plant closure and prior to any public announcement being made. The company will comply with all provisions of the WARN Act.
Plant Closures. The Parties acknowledge that Ultium Cells is not a GM-operated plant or subsystem. It is a separate and distinct entity with the right to effectively manage business growth, fluctuations, changing consumer preferences, and rapidly evolving technologies. To that end, Ultium Cells has the exclusive right to determine and modify future product lines, buy, sell, spin, merge, or otherwise dispose of any assets. In the event of a plant closure, GM Leased employees shall have the right to transfer in accordance with the Memorandum of Understanding re: Ultium Cells Lease and Transfer Eligibility.
Plant Closures. The Company will provide notification 60 calendar days in advance of a plant closing. Advance notice gives workers and their families some transition time to adjust to the prospective loss of employment, to seek and obtain other jobs and if necessary, to enter skill training or retraining that will allow these workers to compete successfully in the job market. Notification may be less than 60 days as the result from closure of a faltering company, unforeseeable business circumstances or a natural disaster. Upon notification the company will meet with the union to explore alternatives. This notification shall not pre-empt current Provincial or Federal legislation.