LOCK-OUT DISCLAIMER 2025

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A lock-out agreement is a contract between negotiating parties that prevents the seller from engaging with other potential buyers during the negotiation phase. It typically covers the subject being negotiated, the exclusive lock-out period, and the respective roles and responsibilities of each party.
A lockout is a situation in which employers close a place of work and prevent workers from entering it until the workers accept the employers new proposals on pay or conditions of work. [business] The lockout could resume if no new contract agreement is signed.
Lockout - Exterior doors are locked. Used in a potentially dangerous situation outside of building. Lockout is a term that may be used in combination with lockdown. Shelter in Place - Take immediate shelter where you are and isolate your inside environment from the outside environment.
Examples from Collins dictionaries My husbands locked me out. The new tenants locked themselves out of their apartment and had to break in. There had been a knock at the door and when she opened it she locked herself out. The wind had made the door swing closed, and she was now locked out.
A lockout is a work stoppage or denial of employment initiated by the management of a company during a labor dispute. In contrast to a strike, in which employees refuse to work, a lockout is initiated by employers or industry owners.
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A lockout is a companys response to workers who are disputing conditions or planning a strike. During a lockout, managers dont allow workers to come to work until they agree to the companys terms of employment. A lockout is sort of the opposite of a strike.
A lock-out agreement is one which provides that the seller will not negotiate with any third party for a set period of time. A lock-in is the mirror image, requiring both parties positively to negotiate in good faith.
: the withholding of employment by an employer and the whole or partial closing of the business establishment in order to gain concessions from or resist demands of employees. lock out.

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