Period of Continuous Service. Minimum Period of Notice 1 year or less 1 week More than 1 year but not more than 3 years 2 weeks More than 3 years but not more than 5 years 3 weeks More than 5 years 4 weeks
Period of Continuous Service. Period of Notice: 1 year or less 1 week Over 1 year and up to the completion of 3 years 2 weeks Over 3 years and up to the completion of 5 years 3 weeks Over 5 years of completed service 4 weeks In addition, employees over 45 years of age and have completed at least two years continuous service at the time of giving of the notice shall be entitled to an additional one (1) week notice. This provision does not apply should an employee over 45 years of age initiate the termination.
Period of Continuous Service. Severance Pay 1 year or less Nil Over 1 year of Service 4 weeks ordinary pay for each completed year of service to a maximum of 52 weeks
Period of Continuous Service. Severance Less than 1 year Nil More than 1 year and less than 3 years 2 weeks More than 3 years and less than 5 years 4 weeks More than 5 years and less than 7 years 6 weeks More than 7 years’ service 8 weeks The varied clause above provides an increase in Years 1 –3 and replaces: Clause 14. REDUNDANCY
Period of Continuous Service. Option Which May Be After Date of Grant of Option Exercised ----------------------------- ------------------- Six (6) months and one day 100% The shares of Common Stock available for exercise may be purchased, subject to the provisions hereof, at any time and from time to time after they become exercisable and prior to the expiration of the Option as specified at Section 2.6 hereof.
Period of Continuous Service. Employee Contribution Rate Less than 2 years $0.00 per hour *2 years but less than 8 years $0.22 per hour 8 or more years $0.40 per hour *Employee contributions are to commence the earlier of: • the first (1st) day of the month following completion of two (2) years of continuous service with one or more Participating Employer; or, • January 1st of the year following two (2) consecutive calendar years if, in each of these calendar years, an employee has either completed or at least three hundred fifty (350) hours of employment with one (1) or more Participating Employer; or, earned at least thirty-five (35%) percent of the Year’s Maximum Pensionable Earnings with one (1) or more Participating Employer.
Period of Continuous Service. (a) If employment is ended because of redundancy then, as well as notice or payment in place of notice, the Company will pay to the Flight Attendant a severance payment (which is an extra and final payment) as follows: 1 year or less nil More than 1 year and up to the completion of 2 years 4 weeks' pay More than 2 years and up to the completion of 3 year 6 weeks' pay More than 3 years and up to the completion of 4 years 7 weeks' pay More than 4 years and up to the completion of 5 years 8 weeks' pay More than 5 years and up to the completion of 6 years 10 weeks' pay More than 6 years and up to the completion of 7 years 11 weeks' pay More than 7 years and up to the completion of 8 years 13 weeks' pay More than 8 years and up to the completion of 9 years 14 weeks' pay More than 9 years and up to the completion of 10 years 16 weeks' pay More than 10 years 12 weeks' pay
Period of Continuous Service. Maximum Percentage with the Company After the of Shares Becoming Date of Grant of this Option Exercisable Under this Option ------------------------------------------------------------------------- Less than 6 months 0% At least 6 months but less 20% than 1 year At least 1 year but less 40% than 2 years At least 2 years but less 60% than 3 years At least 3 years but less 80% than 4 years At least 4 years 100%
Period of Continuous Service. Employee Contribution Rate Less than 2 years $0.00 per hour *2 years but less than 8 years $0.22 per hour 8 or more years $0.40 per hour *Employee contributions are to commence the earlier of: • the first (1st) day of the month following completion of two (2) years of continuous service with one or more Participating Employer; or,
Period of Continuous Service. Severance Pay: Less than 1 year Nil 1 year and less than 2 years 4 weeks pay 2 years and less than 3 years 6 weeks pay 3 years and less than 4 years 7 weeks pay 4 years and less than 5 years 8 weeks pay 5 years and less than 6 years 10 weeks pay 6 years and less than 7 years 11 weeks pay Employees with seven (7) years service and over will not be eligible for the provisions of Clause 17 of this Agreement in the case of redundancy as they will be paid a “package” of two (2) weeks pay per completed year of service up to a maximum of fifty-two (52) weeks that will be deemed to include the provisions of Notice of Termination and Redundancy as outlined in this Agreement.
