Strike sentence in the Employee Equipment Agreement

Aug 6th, 2022
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How to strike sentence in the Employee Equipment Agreement

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especially in leverage recapitalization another heavily negotiated item is an employment agreement what are some of the most common uh terms uh heavily negotiated in an employment agreement so you know the things would be in any unemployment agreement right so salary benefits are two big ones understanding what that looks like and you know a lot of times a seller has been the primary owner and has just been taking distributions from the business you know when they needed them or never had an employment agreement probably so you know an important thing for a seller to consider is what is their value to the business if they had to go out and hire somebody to do their job in the in the open market what would you have to pay that person and you know thats probably what a buyer is going or the range of what a buyer is going to want to pay you with from a salary perspective and we see that a lot in our negotiations and employment agreement is you know business owner entrepreneurs making sig

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A strike that violates a no-strike provision of a contract is not protected by the Act, and the striking employees can be discharged or otherwise disciplined, unless the strike is called to protest certain kinds of unfair labor practices committed by the employer.
Since a grievance procedure is included in the collective agreement for resolving disputes, no strikes or lockouts can take place during the term of the agreement.
No-strike clauses provide that bargaining unit employees may not engage in strikes or work slowdowns during the term of the Collective Bargaining Agreement and that the union may not encourage those proscribed practices.
A strike-through clause is a reinsurance contract provision requiring a reinsurer to pay its share of a loss directly to the insured in the event that the ceding insurer becomes insolvent.
Most strikes and threats of strikes are intended to inflict a cost on the employer for failing to agree to specific wages, benefits, or other conditions demanded by the union.
A Standard Clause that can be included in a collective bargaining agreement (CBA) to prohibit the union and union-represented employees from calling for, participating in, or condoning certain strike or picketing activity.
A strike is lawful if it is an economic strike or an unfair labor relations strike. Some unions have strike funds that can give workers some pay while on strike. Only a few states allow striking workers to receive unemployment benefits if the strike lasts more than a certain amount of time.
Section 7 of the National Labor Relations Act (NLRA) states in part, Employees shall have the right. . . to engage in other concerted activities for the purpose of collective bargaining or other mutual aid or protection. Strikes are included among the concerted activities protected for employees by this section.

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