(B) if such Officer or Employee is given pay in
lieu of advance notice of a pending effective date of termination, the day on which such notice of termination is given in writing by the Company or such Subsidiary to the Officer or Employee;
Not exact matches
Reasonable
notice of termination is a principle used where an employer has an obligation upon termination to either provide
advanced, reasonable
notice of termination or pay in
lieu of notice under the legislation.
Aside from allegations
of discrimination, an employee's only job security exists in the form
of advance notice of termination or pay in
lieu of notice.
Moreover, compensation is only provided in
lieu of advance written
notice of termination from the employer.