Reemployment Clause Example from Business Contracts

This example Reemployment clause appears in 5 contracts from 2 companies

Reemployment. In the event of a Participant's reemployment by the Company during the period of time in respect of which severance benefits have been provided, the Company, in its sole and absolute discretion, may require such Participant to repay to the Company all or a portion of such severance benefits as a condition of reemployment.