Common use of Layoff Allowance Clause in Contracts

Layoff Allowance. 7.12.1 Subject to the conditions specified, employees participating in ▇▇▇▇ who are laid off by the Board shall receive an allowance based on the following formula: After 10 years’ service: 1 months’ salary After 15 years’ service: 2 months' salary After 20 years’ service: 3 months' salary Payment of this allowance is subject to Article 7 - Layoff and Recall and is based on the following conditions: (a) the employee has remained on the recall list for one year from date of layoff and; (b) the employee has not refused reasonable alternate employment for which they are qualified, while on the recall list, offered by the employer; and (c) the allowance is based on the employee's salary as at the date of layoff 7.12.2 Subject to the conditions specified, employees not participating in ▇▇▇▇ who are laid off by the Board shall receive an allowance based on the following formula: After five (5) years of service: two (2) weeks' salary at the rate of pay immediately prior to retirement; After ten (10) years’ service: three (3) months' salary, plus one (1) month's salary for each additional three (3) years of service beyond ten (10), to a maximum of six (6) months' salary. Payment of this allowance is subject to Article 7 - Layoff and Recall and is based on the following conditions: (a) the employee has remained on the recall list for one year from date of layoff and; (b) the employee has not refused reasonable alternate employment for which they are qualified, while on the recall list, offered by the employer; and (c) the allowance is based on the employee's salary as at the date of layoff.

Layoff Allowance. 7.12.1 Subject to the conditions specified, employees participating in ▇▇▇▇ who are laid off by the Board shall receive an allowance based on the following formula: After 10 years’ service: 1 months’ salary After 15 years’ service: 2 months' salary After 20 years’ service: 3 months' salary Payment of this allowance is subject to Article 7 - Layoff and Recall and is based on the following conditions: (a) the employee has remained on the recall list for one year from date of layoff and; (b) the employee has not refused reasonable alternate employment for which they are qualified, while on the recall list, offered by the employer; and (c) the allowance is based on the employee's salary as at the date of layoff 7.12.2 Subject to the conditions specified, employees not participating in ▇▇▇▇ who are laid off by the Board shall receive an allowance based on the following formula: After five (5) years of service: two (2) weeks' salary at the rate of pay immediately prior to retirement; After ten (10) years’ service: three (3) months' salary, plus one (1) month's salary for each additional three (3) years of service beyond ten (10), to a maximum of six (6) months' salary. Payment of this allowance is subject to Article 7 - Layoff and Recall and is based on the following conditions: (a) the employee has remained on the recall list for one year from date of layoff and; (b) the employee has not refused reasonable alternate employment for which they are qualified, while on the recall list, offered by the employer; and (c) the allowance is based on the employee's salary as at the date of layoff.six