Page 8 - LGB Group

6. RESIGNATION / TERMINATION

a) During the probationary period or any extension thereof, either party may
terminate the employment, as follows:

Grade 10 to 25 by serving one (1) month notice in writing or
by payment of one (1) month salary in lieu of notice.

Upon confirmation of employment, either party may terminate the employment as
follows:

Grade 14A to 25 by serving three (3) months notice in writing or
by payment of three (3) months salary in lieu of
notice.
Grade 10 to 13 by serving two (2) months notice in writing or
by payment of two (2) months salary in lieu of notice.

Employees employed under fixed term contract shall comply with the notice
period as stated in their fixed term employment contracts.

The notice period for certain critical positions in Grade 10 to 13 may be
increased at the discretion of the Company.

As a guide, critical positions shall include but not limited to positions that
have direct access and responsibility for

i) cash, cash equivalent and financial resources.
ii) sensitive data, records, information and technical know-how.

b) In the event of an Employee giving notice to terminate his employment, the
Company may, upon the application by the Employee and at its absolute
discretion, waive the notice period totally or partially. The Employee shall not
in such instances have any claims of indemnity in lieu of notice as stated in
clause (a) above.

c) Upon resignation, the Employee is allowed to utilise any balance of earned
annual leave during the period of notice. Annual Leave is subject to approval
as per the Leave Application Procedure.

d) The Employee shall surrender immediately all the Company’s property such
as articles, records, files, keys, computer discs and storage discs, company
vehicle if any, that are currently in his possession, upon the termination of
service.

e) The Employee shall reimburse the Company the value of the replacement
cost for any company item(s) that is lost or damaged while under his custody.

f) The Employee shall settle all outstanding liabilities and obligations with the
Company before any monies / payment due to him is to be released.

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