Employment Loss definition

Employment Loss means, with respect to any full-time employee, (i) an employment termination, other than a discharge for cause, voluntary departure or retirement, (ii) a layoff, (iii) a reduction in hours of work of more than fifty percent (50%) or (iv) any other event that, if aggregated with enough such other events, would trigger the notification requirements of the WARN Act.
Employment Loss means an employment termination, other than a discharge for cause, voluntary separation, or retirement; a layoff exceeding six months; or a reduction in hours of more than fifty percent of work of individual employees during each month of a six-month period. “Employment loss” does not include instances when a business closing or mass layoff is the result of the relocation or consolidation of part or all of the employer’s business and, before the business closing or mass layoff, the employer offers to transfer the employee to a different site of employment within a reasonable commuting distance with no more than a six-month break in employment.
Employment Loss for this purpose shall mean (a) an employment termination, other than a discharge for cause, voluntary departure, or retirement, (b) a layoff exceeding six (6) months or (c) a reduction in hours of work of more than fifty percent (50%), and “employee” shall mean any employee, including officers, managers and supervisors, but excluding employees who are employed for an average of fewer than 20 hours per week or who have been employed for fewer than six (6) of the preceding 12 months.

Examples of Employment Loss in a sentence

  • Operation Employment Loss of 40 Jobs Lasting 25 Years Each for a Net Present Value Loss of $78 Million in EarningsTable 1 column g shows that across the three other projects reviewed in this report, there were, on average, 31.1 megawatts of nameplate capacity per local administrative, operation and maintenance worker on these sites.

  • APD agrees to, and shall cause its Subsidiaries to, indemnify, defend and hold harmless Buyer and its Affiliates (including the Transferred PMD Companies) from and against any and all Losses which Buyer and its Affiliates may incur in connection with any Action or claim of violation brought against Buyer or its Affiliates under the WARN Act to the extent related to materially inaccurate information provided by APD in the Employment Loss Update.

  • Five (5) Business Days prior to Closing, Sellers will deliver to Buyers a schedule that lists the full name, job title, job site and unit, date of Employment Loss, and type of Employment Loss (termination, layoff or reduction in work hours) of each Employee at any of the Facilities who has experienced an Employment Loss in the 90 days preceding the date of such schedule.

  • Schedule 4.27 hereto lists the full name, job title, job -------- ------------- site and unit, date of Employment Loss, and type of Employment Loss of each Employee who has experienced an Employment Loss in the ninety (90) days preceding the date of this Agreement.

  • Many of them make the choice not to get primary care because they realize that the financial hurdle at the front end is too high.


More Definitions of Employment Loss

Employment Loss means “employment loss” as defined in the WARN Act.
Employment Loss has the meaning set forth in Section 10.1(a).
Employment Loss means an “employment loss” (within the meaning of the WARN Act), layoff, or other similar event that when aggregated with enough other such events would trigger the notice or damages provisions of the WARN Act.
Employment Loss means (i) an employment termination, other than a discharge for cause, voluntary departure or retirement, (ii) a layoff exceeding six (6) months or (iii) a reduction in hours of work of more than fifty percent (50%) in each month of any six (6) month period.
Employment Loss means: (a) An employment termination, other
Employment Loss means (i) an employment termination, other than a discharge for cause, voluntary departure or retirement, (ii) a layoff, (iii) a reduction in hours of work of more than fifty percent (50%) or (iv) any other event that, if aggregated with enough such other events, would trigger the notification requirements of the WARN Act.