Maximum Severance Benefits. Severance benefits payable to an employee under this Article shall be reduced by any period of continuous employment in respect of which the employee was already granted any type of termination benefit. Under no circumstances shall the maximum severance pay provided under Article 29 be pyramided.
Appears in 4 contracts
Maximum Severance Benefits. Severance benefits payable to an employee under this Article shall be reduced by any period of continuous employment in respect of which the employee was already granted any type of termination benefit. Under no circumstances shall the maximum severance pay provided under Article 29 be pyramided.
Appears in 3 contracts
Samples: Agreement, Final Draft, Agreement
Maximum Severance Benefits. Severance benefits payable to an employee under this Article shall be reduced by any period of continuous employment in respect of which the employee was already granted any type of termination benefit. Under no circumstances shall the maximum severance pay provided under Article 29 be pyramided.
Appears in 1 contract
Samples: Agreement
