Nextsource Materials Inc (NSRCF)

[maseraticoupe]

Spartex ...Severance pay...

The operative word here is " Without cause "! I asked Brent why McKinnion and Schler left ENZR and got no answer !!

Each province has a piece of legislation like the Ontario Employment Standards Act (ESA). The ESA establishes minimum standards for termination and severance pay. Further, the common law requires employers to provide employees who are terminated "without cause " with reasonable notice. In reality, what a separation package is doing is providing employees with money in lieu of reasonable notice.