Common use of Privatization Clause in Contracts

Privatization. In the event of privatization of any employee category (subcontracting), the Board shall implement and abide by the following procedure: 1. The Board agrees that ninety (90) days prior to any formal Board action to consider subcontracting it shall notify the Association in writing and discuss the matter fully with the Association and its representatives. 2. The Board shall provide severance benefits as follows: a. The Board shall pay all affected unit members full pay for all sick, vacation and personal leave days credited to the employee’s account at the employee’s per diem rate of pay at time of severance of employment due to privatization. 3. Should the Board fail to provide the notice as specified in F1 above, then a. The Board shall provide a retooling benefit of two hundred fifty dollars ($250.00) for each year of employment to each employment leaving his/her position who has been employed by the District for one (1) through four (4) years. b. The Board shall provide a retooling benefit of five hundred dollars ($500.00) for each year of employment to each employee leaving his/her position who has been employed by the District for five (5) years or more. c. All Health Insurance benefits shall be continued for the employee and his/her dependents at Board expense for a three (3) month period for those employees who have been employed by the District for one (1) through four (4) years and for a six (6) month period for those employees who have been employed by the District for five (5) years or more commencing from the date of severance. 4. Any procedural dispute shall be subject to the grievance procedure of this Agreement.