💶 TUPE employment provisions
About this category
A type of employment provision is a type of agreement between an employer and an employee that sets forth the rights and responsibilities of each party. It is important to have a clear understanding of these provisions before starting work. Generally, these provisions cover topics such as wages, benefits, and working conditions.
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templates
TUPE Employee Provisions for Asset Purchase Agreement
This legal template pertains to the Employee Provisions section of an Asset Purchase Agreement under UK law, specifically focusing on the Transfer of Undertakings (Protection of Employment) Regulations (TUPE). TUPE regulations aim to safeguard the rights and benefits of employees when their employer undergoes a change in ownership or a transfer of business assets. This template would outline the necessary provisions and obligations that both the buyer (the new employer) and the seller (the previous employer) must adhere to in order to comply with TUPE regulations. It would cover areas like employee transfer, continuity of employment, collective bargaining agreements, redundancy procedures, consultation requirements, employee rights and protections, and any other relevant aspects of the transfer process.
Associated business activities
Transfer employees
1. The TUPE provisions provide employees with certain protections when their employer transfers the business they work for to another employer.
2. These protections include the right to continue working for the new employer on the same terms and conditions of employment.
3. The TUPE provisions therefore provide employees with some certainty and security when their employer transfers the business they work for to another employer.
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