ARTICLE SEVERANCE PAY Sample Clauses

ARTICLE SEVERANCE PAY. In the event an employee has his employment terminated as a direct result of the closing of the plant, he will be paid severance pay of one week of regular pay for each year of continuous service. Starting with the fourth year to a maximum of twenty-six (26) years. No employee will qualify for severance pay if he is able to exercise his seniority rights within the plant or if he is offered employment elsewhere in the Company in the Kitchener area, or if the closing results from:
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ARTICLE SEVERANCE PAY. If an employee loses his employment with the Company due to plant closing the employee shall be compensated on the basis of one week’s pay for each year of continuous service, up to a maximum of twenty-six (26) weeks. In the event of a plant closure within the first year of this agreement it is agreed the Employer shall pay to all employees one (1) additional week severance in addition to ARTICLE DURATION OF AGREEMENT This Agreement shall become effective on March and shall remain in effect until the February and year to year thereafter unless in any year not more than sixty (60) days and not less than thirty (30) days, before the end of any yearly period, either party shall the other with notice of termination of, or proposed revision of, this Agreement. Notice of revision shall set forth the nature of the proposed amendments to this Agreement.
ARTICLE SEVERANCE PAY. An employee who has one year or more of continuous employment and who is laid off is entitled to be paid Severance pay at the time of layoff.
ARTICLE SEVERANCE PAY. An employee who is on a permanent full-time appointment with the Board whose position is terminated and the employee has not been reassigned to another position may elect to receive severance pay at any time up to the end of the recall period which is defined as one (1) year. Service of permanent part-time employees shall be prorated to full terms, or full time if twelve (12) month. Severance pay shall be calculated at the rate of five per cent (5%) of one (Iy)ear's salary for each year of service, or major portion thereof, to a maximum of one year's salary. A year's service is defined as being a school year for ten month employees, September through June, or twelve (12) continuous months of employment for twelve (12) month employees. Salary on which severance pay is calculated shall be the employee's basic salary at the time the employee received notice that the position occupied by the employee was to be terminated or made redundant. An employee who receives severance pay pursuant to this clause and who may be subsequently rehired by the Board shall retain any severance payment. The calculation of years of service on rehire for such employee shall commence from the date of the rehire.
ARTICLE SEVERANCE PAY. Any full-time employee with six (6) months of service or more, whose employment is terminated by the Company as a direct result of the closing of the plant or department shall receive severance pay providing the employee:
ARTICLE SEVERANCE PAY. Section 1
ARTICLE SEVERANCE PAY. An employee with one year or more of continuous service with the Company who is subject to lay-off for reasons of economy, new or modified processes of equipment, production changes or curtailment of operation, other than for causes such as explosion, fire, flood, labour dispute within the Company, government regulations or “Act of God” will qualify for severancepay at the rate of one (1) week’s pay at his current rate for each year of continuous service. Seasonal employees included in Group E, F G will not be covered by severance pay provisions of unless lay-off is permanent. If an employee elects to accept severance pay, he may choose to have one-half of the amount due paid one month after the date of severance and the remainder paid at the end of the fourth month after severance, or to have the full amount of severance pay due paid six months after the date of severance. Acceptance by the employee of all severance pay due, will terminate his status as an employee. Such former employee will have recall rights for a period of twenty-four (24) months from the date of lay-off. The Company will advise the employee of recall to work by registered letter at their local address as shown on Company records, and the employee must return to work within days of such notice. If an employee is recalled after having received all of the severance pay due him, he will begin, as of the date of return, accumulating a new period of time which will be credited toward any future severance. If an employee is recalled after having received a part of the severance pay due him, he will, upon return to work, retain the right to the unpaid portion if laid off a second time. He will begin accumulating again a new period of time which will, in addition, be credited toward any future severance. ARTICLE VACATION WITH
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ARTICLE SEVERANCE PAY. In the event of closure of part or all of the Employer's Distribution Centre which results in the permanent lay off of any employees, the Employer agrees to pay each employee so affected one week's pay for each full year of consecutive full time service up to a maximum of eight weeks.
ARTICLE SEVERANCE PAY. An employee who has nine (9) or more years continuous service with the Employer is en- titled to be paid on resignation, retirement or death severance pay equal to the amount obtained by multiplying the number of com- pleted years of continuous employment by his weekly salary to a maximum of twenty (20) weeks pay. For the purpose of this Article, service for a temporary employee shall be the actual period of employment with the Employer provided that where a break in employment exceeds twelve (12j consecutive months, service shall commence from the date of re-employment. An employee who has resigned or retired may be re-employed if he has been out of the pub- service for a period which is not less than the number of weeks for which he has received severance pay pursuant to Clause (a) above or if he refunds the appropri- ate proportionate part of such severance pay. The maximum severance pay which an em- ployee shall be paid for his total period of in the public service shall not exceed the number of weeks as specified in Clause
ARTICLE SEVERANCE PAY. In the event an employee has his employment terminated as a direct result of the closing of the plant, he will be paid severance pay of one week of regular pay for each year of continuous service. Starting with the fourth year to a maximum of twenty-six (26) years. No employee will qualify for severance pay if he is able to exercise his seniority rights within the plant or if he is offered employment elsewhere in the Company in the Kitchener area, or if the closing results from: Loss of business; Fire, flood, strike, or any other circumstance beyond the control of the Company An employee who accepts severance pay shall have no further claim to employment with the Company. A terminating employee qualifying for severance pay under the terms of this Article who may also become entitled to severance pay in lieu of notice under Government legislation, will receive either the severance pay provided herein, or the severance pay provided by legislation, whichever is greater, but not both. Article SCHEDULES Attached hereto and forming part of this Agreement are the following schedules: Schedule "A" Hours of Work, Paid Holidays and General Working Conditions, etc.; Schedule Classifications and Rates applicable thereto, and Overtime Provisions; Schedule Vacations with Pay; Schedule Benefits; Schedule "E' Transport Drivers. Schedule Maintenance
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