Length of Continuous Service Severance pay Sample Clauses

Length of Continuous Service Severance pay. Up to 1 year 0 weeks pay 1 year and up to the completion of 2 years 4 weeks pay 2 years and up to the completion of 3 years 6 weeks pay 3 years and up to the completion of 4 years 7 weeks pay 4 years and over 8 weeks pay
AutoNDA by SimpleDocs
Length of Continuous Service Severance pay. Up to the completion of 1 year Nil More than 1 year and up to the completion of 3 years 2 weeks’ pay* More than 3 years but less than 4 years 4 weeks’ pay* 4 years or more but less than 5 years 5 weeks’ pay* 5 years or more but less than 6 years 6 weeks’ pay* 6 years or more but less than 7 years 7 weeks’ pay* 7 years or more but less than 8 years 7 weeks’ pay* 8 years or more but less than 9 years 8 weeks’ pay* 9 years or more but less than 10 years 9 weeks’ pay* 10 years and over 12 weeks’ pay* * weeks’ pay means the ordinary time rate of pay for the employee concerned.
Length of Continuous Service Severance pay. Less than 1 year 4 weeks 1 year and less than 2 years 8 weeks 2 years and less than 3 years 12 weeks 3 years and less than 4 years 15 weeks 4 years and less than 5 years 18 weeks After 5 years 18 weeks plus 2 weeks’ pay for each additional year of Continuous Service or pro-rata for part thereof. payment for entitlements in the form of accrued annual and long service leave. For a Staff Member with more than 5 years Continuous Service but less than 10 years, an entitlement calculated at the pro rata rate of two months for ten years of Continuous Service will be paid in respect of long service leave. Payment will be at the Staff Member’s Base Salary (excluding loadings). The University will pay for up to two counselling sessions from an independent financial advisor nominated by the University for a Staff Member whose position has been made redundant. The University will also provide outplacement support of up to $1000.00 (inc. GST) payable on receipt of invoice or receipt. University approved providers will provide outplacement support.
Length of Continuous Service Severance pay. More than 1 year but less than 2 years 4 weeks‟ pay 2 years or more but less than 3 years 6 weeks‟ pay 3 years or more but less than 4 years 7 weeks‟ pay 4 years or more but less than 5 years 8 weeks‟ pay 5 years or more but less than 6 years 10 weeks‟ pay 6 years or more but less than 7 years 11 weeks‟ pay 7 years or more but less than 8 years 13 weeks‟ pay 8 years or more but less than 9 years 14 weeks‟ pay 9 years or more but less than 10 years 16 weeks‟ pay 10 years and over 12 weeks‟ pay

Related to Length of Continuous Service Severance pay

  • Continuous Service The Parties shall continue providing services to each other during the pendency of any dispute resolution procedure, and the Parties shall continue to perform their obligations (including making payments in accordance with Article IV, Section 4) in accordance with this Agreement.

  • Calculation of Continuous Service For the purposes of this clause service shall be deemed to be continuous notwithstanding:

  • Period of Continuous Service Period of Notice Up to 1 Year 1 Week More than 1 Year but less than 3 Years 2 Weeks More than 3 Years but less than 5 Years 3 Weeks More than 5 Years 4 Weeks

  • Breaks in Continuous Service An employee's continuous service record shall be broken by voluntary resignation, discharge for just cause, and retirement.

  • Termination of Service Termination of Service shall mean the Executive's voluntary resignation of service by the Executive or the Bank's discharge of the Executive without cause, prior to the Early Retirement Date (Subparagraph I [K]).

  • Death or Disability The Executive's employment shall terminate automatically upon the Executive's death during the Employment Period. If the Company determines in good faith that the Disability of the Executive has occurred during the Employment Period (pursuant to the definition of Disability set forth below), it may give to the Executive written notice in accordance with Section 12(b) of this Agreement of its intention to terminate the Executive's employment. In such event, the Executive's employment with the Company shall terminate effective on the 30th day after receipt of such notice by the Executive (the "Disability Effective Date"), provided that, within the 30 days after such receipt, the Executive shall not have returned to full-time performance of the Executive's duties. For purposes of this Agreement, "Disability" shall mean the absence of the Executive from the Executive's duties with the Company on a full-time basis for 180 consecutive business days as a result of incapacity due to mental or physical illness which is determined to be total and permanent by a physician selected by the Company or its insurers and acceptable to the Executive or the Executive's legal representative.

  • Termination of Employment Executive's employment hereunder may be terminated under the following circumstances:

  • Re-employment After Voluntary Termination or Dismissal for Cause Where an employee voluntarily leaves the Employer's service, or is dismissed for cause and is later re-engaged, seniority and all perquisites shall date only from the time of re-employment, according to regulations applying to new employees.

  • Termination of Services 6.2. To promote a non-discriminatory work environment based on the principle of equality, employers and the trade union should adopt appropriate measures to ensure that employees with HIV and AIDS are not unfairly discriminated against and are protected from victimisation through positive measures such as:

  • Employment Deemed Continuous ‌ The service of an employee who is absent from work in accordance with this article shall be considered continuous for the purpose of Articles 18 (Vacation Entitlement) and 25 (Health Care Plans). The Employer shall continue to make payments to Health and Welfare Plans, in the same manner as if the employee were not absent where the employee elects to pay his or her share of the cost of the plans.

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