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TUPE Change of Employer Notice
The TUPE Change of Employer Notice under UK law is a legal template that outlines the necessary information and procedures for an employee when their employer undergoes a transfer of business ownership or a change in service provider. The template includes details such as the names and addresses of both the current and new employers, the effective date of the transfer, and the reasons for the change in employer. Additionally, it covers the rights and obligations of the employee during this transition period, including any transfer of employment terms and conditions, redundancy or severance payments, and consultation requirements. The template aims to ensure that both the current and new employers comply with the Transfer of Undertakings (Protection of Employment) Regulations 2006 (TUPE), which safeguards the rights of employees in such situations. By using this template, employers can properly inform and communicate with their employees about the upcoming employer change, facilitating a smooth transition while adhering to the legal requirements.
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Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
100K
RATINGS
4.5
DISCUSSIONS
10
Target Company Section 979 Threshold Compulsory Acquisition (Board Minutes)
This legal template pertains to the "Target Company Section 979 Threshold Compulsory Acquisition (Board Minutes)" in the context of UK law. The template likely includes a predefined set of minutes for recording the decision-making process and actions taken by the board of directors of a target company in response to a compulsory acquisition scenario.
Under UK law, Section 979 of the Companies Act 2006 provides a framework for acquiring the shares of minority shareholders by majority shareholders, subject to certain thresholds and conditions. When the ownership threshold stipulated in Section 979 is reached or exceeded, the majority shareholders have the power to compulsorily acquire the shares held by the minority shareholders.
The legal template will aid the target company's board of directors in accurately documenting the necessary processes and steps involved in responding to a compulsory acquisition. It may include specific sections for recording resolutions passed by the board, deliberations, voting results, and any additional actions or considerations discussed during the decision-making process.
By utilizing this legal template, the target company will ensure that its board of directors adheres to legal requirements and properly documents crucial actions related to the compulsory acquisition, guaranteeing transparency and fulfilling their fiduciary duties towards all shareholders involved.
Under UK law, Section 979 of the Companies Act 2006 provides a framework for acquiring the shares of minority shareholders by majority shareholders, subject to certain thresholds and conditions. When the ownership threshold stipulated in Section 979 is reached or exceeded, the majority shareholders have the power to compulsorily acquire the shares held by the minority shareholders.
The legal template will aid the target company's board of directors in accurately documenting the necessary processes and steps involved in responding to a compulsory acquisition. It may include specific sections for recording resolutions passed by the board, deliberations, voting results, and any additional actions or considerations discussed during the decision-making process.
By utilizing this legal template, the target company will ensure that its board of directors adheres to legal requirements and properly documents crucial actions related to the compulsory acquisition, guaranteeing transparency and fulfilling their fiduciary duties towards all shareholders involved.
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Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
100K
RATINGS
4.5
DISCUSSIONS
10
Trade Contractor Collateral Warranty (To Purchaser)
The Trade Contractor Collateral Warranty (To Purchaser) under UK law is a legal template that outlines the agreement between a trade contractor and a purchaser in the construction industry. In the UK, a collateral warranty is an additional contractual document that extends the duty of care of the trade contractor beyond the main contract between the contractor and the employer.
This legal document serves as a guarantee to the purchaser that the trade contractor will fulfill their obligations and responsibilities agreed upon in the main contract. It provides assurances to the purchaser that the trade contractor will perform their work with reasonable care, skill, and in compliance with all relevant laws, regulations, and industry standards.
The template includes crucial provisions such as the scope of work and services to be provided, the timeline for completion, liability and indemnity clauses, terms for defects liability and rectification, and any specific warranties or guarantees related to the work. It also covers provisions regarding insurance and the resolution of disputes, including mechanisms for arbitration or mediation.
The Trade Contractor Collateral Warranty (To Purchaser) under UK law is designed to protect the interests of the purchaser in case the main contract between the employer and the trade contractor does not cover all the necessary obligations, risks, and responsibilities. By obtaining this collateral warranty, the purchaser gains an additional level of security and legal recourse in case of any breaches or defects that may arise during or after the construction process.
It is important to note that this legal template is specific to the UK jurisdiction and should be reviewed and customized by legal professionals to cater to the specific requirements of the trade contract and the parties involved.
This legal document serves as a guarantee to the purchaser that the trade contractor will fulfill their obligations and responsibilities agreed upon in the main contract. It provides assurances to the purchaser that the trade contractor will perform their work with reasonable care, skill, and in compliance with all relevant laws, regulations, and industry standards.
The template includes crucial provisions such as the scope of work and services to be provided, the timeline for completion, liability and indemnity clauses, terms for defects liability and rectification, and any specific warranties or guarantees related to the work. It also covers provisions regarding insurance and the resolution of disputes, including mechanisms for arbitration or mediation.
The Trade Contractor Collateral Warranty (To Purchaser) under UK law is designed to protect the interests of the purchaser in case the main contract between the employer and the trade contractor does not cover all the necessary obligations, risks, and responsibilities. By obtaining this collateral warranty, the purchaser gains an additional level of security and legal recourse in case of any breaches or defects that may arise during or after the construction process.
It is important to note that this legal template is specific to the UK jurisdiction and should be reviewed and customized by legal professionals to cater to the specific requirements of the trade contract and the parties involved.
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Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
100K
RATINGS
4.5
DISCUSSIONS
10
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