Redundancy

Example Definitions of "Redundancy"
Redundancy. The termination of the employment of an Optionee within six months following a material acquisition or disposition by the Company, provided that the Board determines in good faith that such acquisition or disposition resulted in the elimination of, or a redundancy in, the Optionee's position.
Found in Berry Global, Inc. contract
Redundancy. The same meaning as in the Employment Rights Act 1996
Found in Genworth Financial contract
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