Consequence of Acceptance. Any Employee who requests and accepts a Severance Allowance shall permanently terminate employment with the Company. In lieu of Severance Allowance, at the time an Employee requests such Severance Allowance, the Company may offer such Employee a regular full-time job of equal earnings at the Employee’s Plant or within that Plant’s Region or at the Employee’s option, a Plant in any other Region. It is also the Employee’s option whether to accept the offer of a job or the Severance Allowance.
Appears in 10 contracts
Consequence of Acceptance. Any Employee who requests and accepts a Severance Allowance shall permanently terminate employment with the Company. In lieu of Severance Allowance, at the time an Employee requests such Severance Allowance, the Company may offer such Employee a regular full-time job of equal earnings at the Employee’s Plant or within that Plant’s Region or at the Employee’s option, a Plant in any other Region. It is also the Employee’s option whether to accept the offer of a job or the Severance Allowance.
Appears in 6 contracts
Samples: Agreement (United States Steel Corp), Agreement, Agreement
Consequence of Acceptance. Any Employee who requests and accepts a Severance Allowance shall permanently terminate employment with the Company. In lieu of Severance Allowance, at the time an Employee requests such Severance Allowance, the Company may offer such Employee a regular full-time job of equal earnings at the Employee’s Plant plant or within that Plant’s Region or at the Employee’s option, a Plant in any other Region. It is also the Employee’s option whether to accept the offer of a job or the Severance Allowance.
Appears in 1 contract
Samples: Agreement
