Common use of Rate Adjustment Clause in Contracts

Rate Adjustment. (a) An employee who is set back to a lower paid job because of mechanization, technological change or automation will receive the rate of his regular job at the time of the setback for a period of three (3) months and for a further period of three (3) months he will be paid an adjusted rate which will be midway between the rate of his regular job at the time of the setback and the rate of his new regular job. At the end of this 6-month period the rate of his new regular job will apply. However, such employee will have the option of terminating his employment and accepting severance pay as outlined in Section 5 below, providing he exercises this option within the above-referred-to 6-month period.

Rate Adjustment. (a) An employee Employee who is set back to a lower paid job because of mechanization, technological change or automation will receive the rate of his regular job at the time of the setback for a period of three (3) months and for a further period of three (3) months he will be paid an adjusted rate which will be midway between the rate of his regular job at the time of the setback and the rate of his new regular job. At the end of this six (6-) month period the rate of his new regular job will apply. However, such employee Employee will have the option of terminating his employment and accepting severance pay as outlined in Section 5 below2 above, providing he exercises this option within the above-referred-above referred to six (6-) month period.

Rate Adjustment. (a) An employee who is set back to a lower paid job because of mechanization, technological change or automation will receive the rate of his regular job at the time of the setback for a period of three (3) months and for a further period of three (3) months he will be paid an adjusted rate which will be midway between the rate of his regular job at the time of the setback and the rate of his new regular job. At the end of this six (6-) month period the rate of his new regular job will apply. However, such employee will have the option of terminating his employment and accepting severance pay as outlined in Section 5 4 below, providing he exercises this option within the above-referred-referred to six (6-) month period.

Rate Adjustment. (a) An employee who is set back to a lower paid job because of mechanization, technological change or automation will receive the rate of his their regular job at the time of the setback set-back for a period of three (3) months and for a further period of three (3) months he they will be paid an adjusted rate which will be midway mid-way between the rate of his the regular job at the time of the setback set-back and the rate of his their new regular job. At the end of this six (6-) month period the rate of his their new regular job will apply. However, such employee will have the option of terminating his their employment and accepting severance pay as outlined in Section 5 below, providing he exercises they exercise this option within the above-referred-above referred to six (6-) month period.

Rate Adjustment. (a) An employee who is set back to a lower paid job because be- cause of mechanization, technological change or automation au- tomation will receive the rate of his regular job at the time of the setback for a period of three (3) months and for a further period of three (3) months he will be paid an adjusted rate which will be midway between the rate of his regular job at the time of the setback and the rate of his new regular job. At the end of this 6-month period the rate of his new regular job will apply. However, such employee will have the option of terminating his employment and accepting severance sever- ance pay as outlined in Section 5 below, providing he exercises this option within the above-referred-to 6-month period.

Rate Adjustment. (a) An employee who is set back to a lower paid job because of mechanization, technological change change, or automation will receive the rate of his regular job at the time of the setback for a period of three (3) months months, and for a further period of three (3) months months, he will be paid an adjusted rate which will be midway between the rate of his this regular job at the time of the setback and the rate of his new regular job. At the end of this six (6-) month period period, the rate of his new regular job will apply. However, such employee will have the option of terminating his employment and accepting severance pay as outlined in Section 5 18:04 below, providing he exercises this option within the above-referred-above referred to 6six-month period.

Rate Adjustment. (a) An employee who is set back to a lower paid job because of mechanization, technological change or automation will receive the rate of his regular job at the time of the setback for a period of three (3) months and for a further period of three (3) months he will be paid an adjusted rate which will be midway between the rate of his regular job at the time of the setback and the rate of his new regular job. At the end of this 6-six- month period the rate of his new regular job will apply. However, such employee will have the option of terminating his employment and accepting severance pay as outlined in Section 5 below, providing he exercises this option within the above-referred-to 6-six- month period.

Rate Adjustment. (a) An employee who is set back to a lower paid job because of mechanization, technological change change, or automation will receive the rate of his their regular job at the time of the setback set-back for a period of three (3) months and for a further period of three (3) months he they will be paid an adjusted rate which will be midway mid-way between the rate of his the regular job at the time of the setback set-back and the rate of his their new regular job. At the end of this six (6-) month period the rate of his their new regular job will apply. However, such employee will have the option of terminating his their employment and accepting severance pay as outlined in Section 5 below, providing he exercises they exercise this option within the above-referred-above referred to six (6-) month period.

Rate Adjustment. (a) An employee who is set back to a lower paid job because of mechanization, technological change or automation will receive the rate of his their regular job at the time of the setback for a period of three (3) months and for a further period of three (3) months he they will be paid an adjusted rate which will be midway between the rate of his their regular job at the time of the setback and the rate of his their new regular job. At the end of this 6six-month period the rate of his their new regular job will apply. However, such employee will have the option of terminating his their employment and accepting severance pay as outlined in Section 5 below, providing he exercises this option within the above-referred-to 6six-month period.

Rate Adjustment. (a) An employee who is set back to a lower paid job because of mechanization, technological change or automation will receive the rate of his regular job at the time of the setback for a period of three (3) months and for a further period of three (3) months he will be paid an adjusted rate which will be midway between the rate of his regular job at the time of the setback and the rate of his new regular job. At the end of this 6six-month period the rate of his new regular job will apply. However, such employee will have the option of terminating his employment and accepting severance pay as outlined in Section 5 below, providing he exercises this option within the above-referred-to 6six-month period.

Rate Adjustment. (a) An employee who is set back to a lower paid job because of mechanization, technological change or automation will receive the rate of his regular job at the time of the setback for a period of three (3) months and for a further period of three (3) months he will be paid an adjusted rate which will be midway between the rate of his regular job at the time of the setback and the rate of his new regular job. At the end of this 6six-month period the rate of his new regular job will apply. However, such employee will have the option of terminating his employment and accepting severance pay as outlined in Section 5 below, providing he exercises this option within the above-referred-to 6-six month period.