Company Service Credit Sample Clauses

Company Service Credit. 8.01 Company service credit shall be defined as the length of continuous service that a regular employee has established with the Company from the most recent date that the employee entered the employ of the Company.
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Company Service Credit. Company Service Credit will be determined in accordance with the Company Service Credit rules attached as Appendix B, with the understanding that such service credit shall be administered on the basis of recognizing all continuous service of employees who were employed at the Oak Ridge National Laboratory immediately prior to March 1, 1948, as part of the Company Service Credit of such employees.
Company Service Credit. (a) In hiring employees for Union-represented positions from various sources, the Company shall provide and the employees shall receive "Previous Company Service Credit" earned at the PORTS site with predecessors to WEMS, including, but not limited to, Lockheed Xxxxxx Energy Systems, Lockheed Xxxxxx Utilities Services, USEC, BJC (and its first and second tier subcontractors), if such service credit is in effect at the time of a formal WEMS offer of employment. If any benefit has been liquidated based on such former service, that service shall not be allowed as credited service by WEMS (e.g., severance). "Previous Company Service Credit" shall be provided by the Company as outlined in the following table. SERVICE CREDIT THAT TRANSFERS FROM USEC (OR OTHER SITE CONTRACTORS) TO WEMS Years of Service Credited for Vacation Years of Service Credited for Pension that is Applied to MEPP* Years of Service Credited for Savings Plan 401(k) Years of Site- Wide Seniority Accrued in the Bargaining Unit Years of Service Credited for Accrued Severance Years of Service Credited of Eligibility for Retiree Health Care Benefits* Employees hired by WEMS from USEC under Section 6 (receives no severance payment from USEC). X X X X X X Employee voluntarily quits USEC and is employed by WEMS and receives no severance from USEC. X X X X X X Employee who is laid off (voluntary or involuntary) and receives severance. X X X X New Service Only X Employee who collects pension from USEC after being hired by WEMS. X X X X X X Employee who retires from USEC prior to being hired by WEMS. New Service Only New Service Only X New Service Only New Service Only X *Subject to eligibility as defined in MEPP. USW members who are hired from LPP, UDS, or contractors other than USEC will be eligible for MEPP and MEWA Retiree Health if they meet plan eligibility requirements.
Company Service Credit. Company Service Credit will be determined in accordance with the Company Service Credit rules.
Company Service Credit. Employees shall receive previous company service credit earned at the Portsmouth Site while employed with other DOE site contractors including, but not limited to, Xxxxxxx Jacobs, Goodyear, Xxxxxx Xxxxxxxx, Lockheed Xxxxxx Energy Systems, USEC, LPP, TPMC, WEMS, and UDS for purposes of severance and vacation, provided that such service credit is in effect at the time of a formal Company offer of employment. If any benefit has been liquidated, based upon such former service, that service shall not be allowed as credited service by the Company for purposes of severance or vacation. Company Service Credit as defined and described in this article and section does not apply to pension eligibility. Pension eligibility is dealt with in the pension plan documents. An employee's continuous service with the Company shall consist of the time actually spent on the payroll, plus properly approved absences from work, to be determined under the following rules:
Company Service Credit. 5:01 Credit for Company service shall accrue to regular employees and shall represent an employee’s service with the Company subject to the conditions set out herein.
Company Service Credit. (a) The UDS “Initial Staff-Up Period” is defined as the time period beginning with the transition of the first UDS USW represented employees, and ending on a date one (1) year after the start of operations of the Portsmouth DUF6 Plant
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Company Service Credit. Company Service Credit is based upon employment by WSI Oak Ridge. Service Credit will be determined under the following rules:
Company Service Credit and Sick Time Credit will accumulate in a normal way during such absence.
Company Service Credit. 14.01 Company Service Credit is defined as the length of continuous service a regular employee has established with the Company from the most recent date the employee entered the employ of the Company. It is understood that Company Service Credit shall include any Commission Service Credit an employee had on his/her transfer date from The Board of Light & Heat Commissioners of the City of Guelph to Guelph Hydro Electric Systems Inc. .
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