COCHRANE Clause Samples

COCHRANE. An employee is granted sick leave credit at the rate of a day and one-half (1 ½) for each month of continuous service, to a maximum of one hundred and thirty (130) days. Once the credit becomes exhausted, no further sick leave with pay may be granted until such time as the employee returns to duty and accumulates further credit. An employee who has been absent without pay in excess of a period of one (1) month shall not accumulate sick leave credits until he returns to duty.
COCHRANE. As stated above it is expected that rail passenger work would be centralized at the Cochrane terminal which will present new opportunities for training, upgrading, progression, and new hires.
COCHRANE. The obligation of Cochrane to consummate the Merger is subject to the satisfaction and fulfillment of each of the following conditions on or prior to the Closing Date, unless waived in writing by Cochrane: