Common use of Company Service Date Clause in Contracts

Company Service Date. An employee's Company Seniority, or "Company Service” date, begins on the date the employee was placed on the payroll when he was most recently hired by the Company. The Company Service date reflects adjustments for periods of inactive service as defined herein. The adjusted Company Service date is retained until the employee is separated from Continental Company employment. Company Service date determines benefit eligibility, vesting in benefit programs such as retirement, rate of vacation accruals and vacation bidding, pass boarding priority, and service pins/awards. Company Service date should not be confused with Craft Seniority (see paragraph C, below) which is used for most bidding purposes.

Appears in 4 contracts

Samples: Joint Collective Bargaining Agreement, Joint Collective Bargaining Agreement, Joint Collective Bargaining Agreement

AutoNDA by SimpleDocs

Company Service Date. An employee's Company Seniority, or "Company Service” date, begins on the date the employee was placed on the payroll when he was most recently hired by the Company. The Company Service date reflects adjustments for periods of inactive service as defined herein. The adjusted Company Service date is retained until the employee is separated from Continental Company employment. Company Service date determines benefit eligibility, vesting in benefit programs such as retirement, rate of vacation accruals and vacation bidding, pass boarding priority, and service pins/awards. Company Service date should not be confused with Craft Seniority (see paragraph C, below) which is used for most bidding purposes.

Appears in 4 contracts

Samples: Tentative Agreement, Tentative Agreement, Tentative Agreement

AutoNDA by SimpleDocs

Company Service Date. An employee's ’s Company Seniority, or "Company Service” date, begins on the date the employee was placed on the payroll when he was most recently hired by the Company. The Company Service date reflects adjustments for periods of inactive service ser- vice as defined herein. The adjusted Company Service date is retained until the employee is separated from Continental Company employment. Company Service date determines benefit eligibilityeligibil- ity, vesting in benefit programs such as retirement, rate of vacation accruals and vacation bidding, pass boarding priority, and service pins/awards. Company Service date should not be confused with Craft Seniority (see paragraph C, below) which is used for most bidding purposes.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.