Common use of Acceptance of Severance Pay Clause in Contracts

Acceptance of Severance Pay. It is understood and agreed that at such time as a Regular Employee’s severance pay is paid in full, the Employee’s employment shall be terminated and such employee shall have no further rights or entitlements under this Agreement, except for the following:

Appears in 3 contracts

Samples: Office and Professional Employees, Office and Professional Employees, Office and Professional Employees

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Acceptance of Severance Pay. It is understood and agreed that at such time as a Regular Employee’s regular employee accepts severance pay, and the severance pay is paid in full, the Employee’s employee's employment shall be terminated and such employee shall have no further rights or entitlements under this Agreement, except for the following:

Appears in 1 contract

Samples: Office and Professional Employees

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