Common use of TERMINATION OF LEASEBACK VEHICLE ARRANGEMENT Clause in Contracts

TERMINATION OF LEASEBACK VEHICLE ARRANGEMENT. (a) Condition of employment – Unless otherwise provided in this clause, where the employer and an employee enter into a leaseback vehicle arrangement and the employee is entitled to a leaseback vehicle as a condition of employment, the arrangement may only be terminated by agreement.

TERMINATION OF LEASEBACK VEHICLE ARRANGEMENT. (a) Condition of employment – Unless otherwise provided in this clause, where the employer and an employee enter into a leaseback vehicle arrangement and the employee is entitled to a leaseback vehicle as a condition of employment, the arrangement may only be terminated by agreement.