Employee Layoffs Sample Clauses

Employee Layoffs a) In the case of a layoff of employee(s) due to a curtailment of staff, employees in the affected classification(s) shall be laid off in reverse order of seniority provided the qualifications of the employees concerned are relatively equal. Employees in the affected classification(s) may bump into other paid classifications, provided the qualifications of the employees concerned are relatively equal.
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Employee Layoffs. An employee may be laid off as a result of declared financial exigency that is university- wide.
Employee Layoffs. Refer to Personnel Rule 11.2. Notice will be give to the Union of proposed layoffs.
Employee Layoffs. The Board shall notify the Association prior to any layoff of employees covered by this Agreement. Layoffs and recall will be in accordance with the Illinois school law.
Employee Layoffs. Prior to the Closing, PKI shall provide or make available to Buyer a true and complete list of employee layoffs, by date and location, implemented by the Acquired Companies in the ninety (90)-day period preceding the Closing.
Employee Layoffs. Implement any employee layoffs potentially implicating the WARN Act;
Employee Layoffs. Section 5(u) of the Disclosure Schedule sets forth as of the date hereof a list of employee layoffs, by date and site of employment (as contemplated by the WARN Act), implemented by Sellers with respect to the Covered Employees during the past ninety days. Section 5(u) of the Disclosure Schedule will be updated with current information as to each site of employment (as contemplated by the WARN Act) as of a date within three days prior to the Closing Date and again on the Closing Date.
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Employee Layoffs. For a period of ninety (90) days after the Closing Date, neither Purchaser nor the Company will, and neither will permit any of the Company's Subsidiaries to, terminate employees of the Company or any of its Subsidiaries, except in full compliance with all requirements of the WARN Act or equivalent or similar requirements for multiple employee layoffs pursuant to any applicable local law.
Employee Layoffs. For a period of ninety days after the Closing Date, neither Buyer nor the Surviving Corporation shall terminate employees of the Company or any of its Subsidiaries in such numbers as would trigger any liability under the Worker Adjustment and Retraining Notification Act of 1988, 29 U.S.C. § 2101, et seq., as amended, or any similar foreign, state, provincial or local law, regulation or ordinance (collectively, “WARN”). Buyer shall cause the Surviving Corporation to comply with any and all applicable notice or filing requirements under WARN. Buyer shall be solely responsible for complying with the requirements of Part 6 of Subtitle B of Title I of ERISA and Section 4980B of the Code for any individual who is an “M&A qualified beneficiary” as defined in Q&A-4 of Treas. Reg. §54.4980B-9 in connection with the transactions contemplated by this Agreement.
Employee Layoffs. Assuming the accuracy of the representations and warranties in Sections 3.13(i) and 3.17(j), for a period of ninety days after the Closing Date, neither the Purchaser nor the Acquired Company shall, and neither shall permit any Member of the Company Group to, terminate employees of the Company Group, except in full compliance with all requirements of the WARN Act or any similar requirements under local or foreign Law. The Purchaser and the Acquired Company shall, and shall cause the Members of the Company Group to, comply with any and all applicable notice or filing requirements under the WARN Act or any similar requirements under local or foreign Law, and will indemnify and hold harmless the Seller from any liabilities, losses, damages, obligations, costs or expenses, arising as a result of or related to, in whole or in part, the Purchaser's or the Acquired Company's actions or omissions occurring on or after the Closing Date.
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