Common use of Maximum Payment Clause in Contracts

Maximum Payment. The maximum payment to be made to an employee who has been employed prior to 1 March 2006 in accordance with the prescribed severance payment and redundancy payment shall be 75 weeks’ ordinary pay. Employees engaged after 1 March 2006 will be entitled to a maximum payment entitlement of 52 weeks ordinary pay.

Maximum Payment. The maximum payment to be made to an employee who has been employed prior to 1 March April 2006 in accordance with the prescribed severance payment and redundancy payment shall be 75 weeks’ ordinary pay. Employees engaged on or after 1 March April 2006 will be entitled to a maximum payment entitlement of 52 weeks ordinary pay.

Maximum Payment. The maximum payment to be made to an employee who has been employed prior to 1 March 2006 in accordance with as a consequence of the prescribed severance payment and redundancy payments in this Clause shall be 64 weeks of ordinary pay, except in the case of an involuntary redundancy, where the maximum payment shall be 75 weeks’ 86 weeks of ordinary pay. Employees engaged after 1 March 2006 will be entitled to a maximum payment entitlement Ordinary pay shall mean the 3M Shop Rate for the employee’s classification payable in respect of 52 weeks ordinary payhours of work (excluding shift and overtime payments).