Reduction in Workforce. 16.01 The employer will layoff employees in reverse order of seniority within the classification provided those retained have the ability to do the work. No new employee will be hired until all those qualified employees with recall rights have been given the opportunity to return to work and have failed to do so.
Reduction in Workforce. A. Should the administration determine that it is necessary to reduce the workforce by elimination of positions or decrease in work hours, such reductions shall be accomplished in accordance with this Article. The word layoff shall mean a reduction in the employee workforce due to any reason as determined by the administration. A decrease in work hours of one or more employees does not constitute a layoff.
Reduction in Workforce. If Participant’s employment with the Firm terminates before the date on which all RSUs subject to Participant’s Award have vested and (i) such termination is due to the elimination of Participant’s employment in connection with a reduction in workforce by the Firm and (ii) such termination of employment is without Cause, , Participant’s unvested Award shall be 100% vested and Shares underlying such vested RSUs shall be distributed to Participant in accordance with Section 2 hereof; provided, however, that in the event that Participant fails to sign a general release of claims provided by the Company, or Participant signs and revokes such release within the time permitted by law to revoke such release, then any Shares received in connection with the RSUs that became vested on such termination shall be cancelled and Participant shall return such Shares to the Company. Participant agrees that the Company may enforce the cancellation by all legal means available, including, without limitation, by withholding the value of the canceled Shares from other sums owed to Participant by the Company. To the extent that Section 409A of the Code applies to the vesting or distribution of any RSUS or underlying Shares hereunder, then any vesting or distribution made in connection with or following the Participant's separation from service (within the meaning of Section 409A(a)(2)(A)(i) of the Code and the regulations issued thereunder) shall not be made earlier than the first business day of the seventh month following the Participant's separation from service, or if earlier the date of death of the Participant. Any vesting or distribution that is delayed in accordance with the foregoing sentence shall be made on the first business day following the expiration of such six (6) month period.
Reduction in Workforce. Section 1. The Department agrees to make a good faith effort and when it is feasible to do so, to provide thirty (30) days advance notice to attorneys and to the Association of its intent to permanently or temporarily reduce its attorney workforce by more than ten (10) attorneys as a result of inadequate funding or for operational reasons. The Department will attempt to provide sixty (60)-days notice of any such layoff, but the Association and Department recognize that such sixty (60) day advance notice may not be possible. This attempted notice will in no way infringe upon the “at will” status of AAGs.
Reduction in Workforce. 1. Whenever necessary, as determined by the Board, the District may reduce the number of positions in the bargaining unit. When Employees are displaced due to a reduction in the workforce, the bumping process shall begin with the most senior Employee.
Reduction in Workforce. 13.01 In the event of changes in the Refinery, which, in the opinion of the Company, will involve the reduction of the workforce, the Company will: • notify the Bargaining Committee four (4) months in advance of the reductions in the affected Refinery Department(s); • meet with the Bargaining Committee to discuss the impact of the changes; • give notice (or termination pay in lieu thereof) to affected employees at the rate of one and half (1 1/2) weeks per year of service to a maximum of twelve (12) weeks, in accordance with: Employees’ Length of Service Length of Notice 0-1 year 1.5 weeks 1-2 years 3 weeks 2-3 years 4.5 weeks 3-4 years 6 weeks 4-5 years 7.5 weeks 5-6 years 9 weeks 6-7 years 10.5 weeks 7 + years 12 weeks
Reduction in Workforce. If Participant’s employment with the Firm terminates before the date on which all Shares subject to Participant’s Award have vested and (i) such termination is due to the elimination of Participant’s position in connection with a reduction in workforce by the Firm and (ii) such termination of employment is without Cause, then, as of the date of such termination, Participant’s unvested Award shall be 100% vested and all restrictions upon the Shares subject to Participant’s Award shall lapse. Participant’s vested Award shall be distributed to Participant in accordance with Section 2 hereof. To the extent that Section 409A of the Code applies to the vesting or distribution of any shares hereunder, then any vesting or distribution made in connection with or following the Participant’s separation from service (within the meaning of Section 409A(a)(2)(A)(i) of the Code and the regulations issued thereunder) shall not be made earlier than the first business day of the seventh month following the Participant’s Separation from Service, or if earlier the date of death of the Participant. Any vesting or distribution that is delayed in accordance with the foregoing sentence shall be made on the first business day following the expiration of such six (6) month period.
Reduction in Workforce. When the City, in its sole discretion, determines that a reduction in its workforce is appropriate, employees covered by this Agreement shall be laid off according to the provisions of this Article.
Reduction in Workforce. If Participant’s employment with the Firm terminates before the date on which all Performance Share Units subject to Participant’s Award have vested and (i) such termination is due to the elimination of Participant’s employment in connection with a reduction in workforce by the Firm and (ii) such termination of employment is without Cause, and (iii) Participant has signed (and not revoked) a general release of claims provided by the Company then, a Pro Rata Portion of Participant’s Award shall vest and be earned. The remaining Performance Share Units will be forfeited, and the number of Shares issuable in respect of the vested Pro Rata Portion of the Performance Share Units shall be the lesser of the amount determined under subsection (c) (and subject to any adjustment under clause (g)) or the vested Pro Rata Portion of the Target Payout Amount, and shall be paid at the end of the Performance Period in accordance with Section 3. Failure to satisfy the condition set forth in the (iii) above by the date on which distribution is to be made in accordance with Section 3 will result in the forfeiture of all Performance Share Units.
Reduction in Workforce. A. In the event a reduction in workforce becomes necessary, the manner and method of the reduction shall be determined by the District Attorney, in his or her sole discretion.
