Period of Continuous Service Severance Payment Sample Clauses

Period of Continuous Service Severance Payment. Less than 1 year Nil 1 year but less than 2 years 4 weeks 2 years but less than 3 years 6 weeks 3 years but less than 4 years 7 weeks 4 years but less than 5 years 8 weeks 5 years but less than 6 years 10 weeks 6 years but less than 7 years 12 weeks 7 years but less than 8 years 14 weeks 8 years but less than 9 years 16 weeks 9 years but less than 10 years 18 weeks 10 years but less than 11 years 20 weeks 11 years but less than 12 years 22 weeks 12 years but less than 13 years 24 weeks 13 years but less than 14 years 26 weeks 14 years but less than 15 years 28 weeks 15 years and over 30 weeks
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Period of Continuous Service Severance Payment. 1 year or less Nil Over 1 year and up to completion of 2 years 4 weeks Over 2 years and up to completion of 3 years 6 weeks Over 3 years and up to completion of 4 years 7 weeks Over 4 years and up to completion of 5 years 8 weeks Over 5 years and up to completion of 6 years 10 weeks Over 6 years and up to completion of 7 years 11 weeks Over 7 years and up to completion of 8 years 13 weeks Over 8 years and up to completion of 9 years 14 weeks Over 9 years and up to completion of 10 years 16 weeks Over 10 years 16 weeks’ pay
Sample 1Sample 2Sample 3See All (5)
Period of Continuous Service Severance Payment. Less than 1 year Nil 1 year but less than 2 years 6 weeks’ pay 2 years but less than 3 years 8 weeks’ pay 3 years but less than 4 years 10 weeks’ pay 4 years but less than 5 years 12 weeks’ pay 5 years but less than 6 years 14 weeks’ pay 6 years and over 16 weeks’ pay "Weeks’ pay" means the employees current ordinary time hourly rate of pay multiplied by the average of weekly hours (excluding overtime) worked over the past 52 weeks.
Sample 1

Related to Period of Continuous Service Severance Payment

  • 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

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

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

  • 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.

  • 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]).

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

  • Retirement Severance (a) Upon qualification for benefits in accordance with the rules and regulations of the Michigan Public School Employees Retirement System the retiring bus driver shall be paid for all unused sick leave days at a rate that is 50% of the current rate based on the current bid route time. The retiree after 10 or more consecutive years of service will receive 75% of the above amount. Bus monitors who meet the MPSERS qualification shall be paid for all unused equivalent sick leave days at a rate of $15 per day. This will not apply to discharged employees.

  • 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.

  • 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.

  • 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:

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