Common use of Career Options Clause in Contracts

Career Options. Effective the first of the month following the date of signing of the Collective Agreement to September 30, 2012. Permanent employees whose jobs are abolished, who resign and accept severance, may access the Career Assistance Options. The maximum value of Career Assistance shall be $5,000, calculated on the basis of $1,000 for every two- (2) years of service, pro-rated for partial years. Employees may elect one or more of the following assistance options to a maximum value of $5,000.

Career Options. Effective the first of the month following the date of signing of the Collective Agreement to September 30, 20122009. Permanent employees whose jobs are abolished, who resign and accept severance, may access the Career Assistance Options. The maximum value of Career Assistance shall be $5,000, calculated on the basis of $1,000 for every two- (2) years of service, pro-rated for partial years. Employees may elect one or more of the following assistance options to a maximum value of $5,000.