|Revised||July 13, 2015|
- The President shall establish procedures describing the termination of an employee's contract due to a reduction in force.
- The College may reassign employees or terminate an employee's contract based on program review and financial exigency.
- The President, with the approval of the Board of Trustees, may require an employee or class of employees to take involuntary leave without pay based on financial exigency. The President shall establish procedures describing involuntary leave without pay.
- As used herein, "financial exigency" means any decrease in the College’s financial resources that are brought about by decrease in enrollment, decrease in funding from any source (federal, state, local, institutional, etc.) or by other action or events requiring the immediate expenditure or diversion of College resources that prevent or inhibit the College’s ability to continue the employment or level of the employee’s compensation or a class of employees and cause a need for reduction in force and/or involuntary leave without pay.