Revert Clause Samples
A Revert clause establishes the conditions under which ownership, rights, or property previously transferred will return to the original party. Typically, this clause is triggered if certain obligations are not met, such as failure to complete payment, breach of contract, or non-fulfillment of specified terms. Its core practical function is to protect the original owner or grantor by ensuring that assets or rights can be reclaimed if the recipient does not uphold their end of the agreement, thereby mitigating risk and encouraging compliance.
Revert. To return an employee who has not successfully completed their trial service period to a vacant position in the same class and former department (if applicable) from which they were appointed.