Redundant Employees. The redundancies will be based on:
Redundant Employees. Exhibit 10.1 Excerpt from IP and know-how transfer and license agreement between the Company and Olympus Corporation dated 13 March 2006 Exhibit 12.2 Measures and transactions between the Signing Date and the Closing Date Exhibit 12.9 (a) List of public grants
Redundant Employees. 12.2.1 Where a decision is taken that a job currently being done at a factory is not to be done by anyone that job will become redundant.
Redundant Employees. The redundancies will be based on: • Voluntary - Upon the establishment of the number and designation of employees required to be retrenched, the company will seek to obtain volunteers subject to the retention of employees with the necessary skills and experience required to continue the plant operating to the end of the date indicated by the company. • Involuntary - Subject to the company not being successful in obtaining sufficient volunteers, it will then be forced to have involuntary redundancies based on the need to maintain skills and experience necessary for the successful graduated cessation of the manufacturing operations. The Company will provide the necessary time off with pay to allow employees to attend interviews for alternative employment. This will be subject to prior approval and verification of attendance. • Redundant employees shall be given an itemised statement of all termination payments as early as possible prior to the actual date of termination. • The Company will supply a certificate of service to all retrenched employees indicating the reason for the loss of employment. • The Company will make employees aware of internal vacancies through the in-house advertisements and employees applying for such positions will be given due consideration subject to the job pre-requisites being met. • Where necessary financial planning sessions will be arranged by the Company and, on a needs basis job search services for employees who require guidance in such areas will also be considered.
Redundant Employees. ACH shall give Visteon at least ten business days notice (where practical) when ACH desires to discontinue the lease of any individual Leased Employee or group of Leased Employee, in its sole discretion. The requirement for at least ten business days notice will be waived in situations when a Leased Employee commits an offense which would justify a "for cause" termination under Visteon's personnel practices and consistent with the applicable CBA, in which event such employee will be terminated from this Agreement immediately and returned to Visteon. Visteon shall delete any such employee from the Employee Census effective on the last day worked for ACH; provided however, that ACH shall remain responsible for reimbursing Visteon for only those costs Visteon may incur with respect to such employee under the terms of the applicable CBA, including SUB costs, if any. Notwithstanding the above, lease fees for any Leased Employee terminated "for cause" shall cease the day the termination is effective. Visteon shall be responsible for complying with any applicable Worker Adjustment and Retraining Notification ("WARN") Act or other applicable legal requirements in connection with a termination of a Leased Employee, provided that Visteon receives notice from ACH sufficiently in advance to permit such compliance, including notification requirements. If Visteon does not receive sufficient notice from ACH, ACH shall be responsible for all costs of such compliance with WARN or any similar law, including costs of any period of continued employment or pay in lieu of notice.
Redundant Employees
