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/her 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/she will be paid an adjusted rate which will be midway between the rate of his/her regular job at the time of the setback and the rate of his/her new regular job. At the end of this six (6) month period the rate of his/her new job will apply. However, such employee will have the option of terminating his/her employment and accepting severance pay as outlined in Section 3 below, providing he/she exercises this option within the above referred to six (6) month period. b) Following an application of a) above, where an employee is set back to a lower paid job because of an application of Article VIII - Seniority brought on by mechanization, technological change or automation he/she will receive the rate of his/her regular job at the time of the setback for a period of three (3) months and for a further three (3) months he/she will be paid an adjusted rate which will be midway between the rate of his/her regular job at the time of the setback and the rate of his/her new regular job. At the end of this six (6) month period the rate of his/her new regular job will apply.

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/her 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/she he will be paid an adjusted rate which will be midway between the rate of his/her his regular job at the time of the setback and the rate of his/her his new regular job. At the end of this six (6) -month period the rate of his/her his new regular job will apply. However, such employee will have the option of terminating his/her his employment and accepting severance pay as outlined in Section 3 5 below, providing he/she he exercises this option within the above referred above-referred-to six (6) -month period. (b) Following an application of (a) above, where an employee is set back to a lower paid job because of an application of Article VIII XX - Seniority brought on by mechanization, technological change or automation he/she he will receive the rate of his/her 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/she he will be paid an adjusted rate which will be midway between the rate of his/her his regular job at the time of the setback and the rate of his/her his new regular job. At the end of this six (6) -month period the rate of his/her his new regular job will apply.

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/her 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/she he will be paid an adjusted rate which will be midway between the rate of his/her his regular job at the time of the setback and the rate of his/her his new regular job. At the end of this six (6) month period the rate of his/her his new regular job will apply. However, such employee Employee will have the option of terminating his/her his employment and accepting severance pay as outlined in Section 3 below2 above, providing he/she he exercises this option within the above referred to six (6) month period. (b) Following an application of (a) above, where an employee Employee is set back to a lower paid job because of an application of Article VIII X - Seniority brought on by mechanization, technological change or automation he/she he will receive the rate of his/her 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/she he will be paid an adjusted rate which will be midway between the rate of his/her his regular job at the time of the setback and the rate of his/her his new regular job. At the end of this six (6) month period the rate of his/her his new regular job will apply.

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/her 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/she he will be paid an adjusted rate which will be midway between the rate of his/her his regular job at the time of the setback and the rate of his/her his new regular job. At the end of this six (6) month period the rate of his/her his new regular job will apply. However, such employee will have the option of terminating his/her his employment and accepting severance pay as outlined in Section 3 4 below, providing he/she he exercises this option within the above above-referred to six (6) month period. (b) Following an application of (a) above, where an employee is set back to a lower paid job because of an application of Article VIII XVIII - Seniority Seniority, brought on by mechanization, technological change or automation he/she automation, he will receive the rate of his/her 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/she he will be paid an adjusted rate which will be midway between the rate of his/her his regular job at the time of the setback and the rate of his/her his new regular job. At the end of this six (6) month period period, the rate of his/her his new regular job will apply.

Rate Adjustment. ‌ a) An employee Officer who is set back to a lower paid job because of mechanization, technological change or automation will receive the rate of his/her 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/she will be paid an adjusted rate which will be midway between the rate of his/her regular job at the time of the setback and the rate of his/her new regular job. At the end of this six (6) month period period, the rate of his/her new regular job will apply. However, such employee Officer will have the option of terminating his/her employment and accepting severance pay as outlined in Section 3 below2 above, providing he/she exercises this option within the above referred above-referred-to six (6) month period. b) Following an application of (a) above, where an employee Officer is set back to a lower paid job because of an application of Article VIII - Seniority 18 – Seniority, brought on by mechanization, technological change or automation he/she will receive the rate of his/her 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/she will be paid an adjusted rate which will be midway between the rate of his/her regular job at the time of the setback and the rate of his/her new regular job. At the end of this six (6) month period the rate of his/her new regular job will apply.six

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/her 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/she he will be paid an adjusted rate which will be midway between the rate of his/her his regular job at the time of the setback and the rate of his/her his new regular job. At the end of this six (6) -month period the rate of his/her his new regular job will apply. However, such employee will have the option of terminating his/her his employment and accepting severance sever- ance pay as outlined in Section 3 5 below, providing he/she he exercises this option within the above referred above-referred-to six (6) -month period. (b) Following an application of (a) above, where an employee em- ployee is set back to a lower paid job because of an application of Article VIII XX - Seniority brought on by mechanization, technological change or automation he/she he will receive the rate of his/her 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/she he will be paid an adjusted rate which will be midway between the rate of his/her his regular job at the time of the setback and the rate of his/her his new regular job. At the end of this six (6) -month period the rate of his/her his new regular job will apply.

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/her their regular job at the time of the set- back for a period of three (3) months and for a further period of three (3) months they will be paid an adjusted rate which will be midway between the rate of their regular job at the time of the setback and the rate of the new reg- ular job. At the end of this six (6) month period the rate of the new regular job will apply. However, such Employee will have the option of terminating their employment and accepting severance pay as outlined in Section 2 above, providing they exercise this option within the above re- ferred to six (6) month period. (b) Following an application of (a) above, where an Employee is set back to a lower paid job because of an application of Article X - Seniority brought on by mechanization, tech- nological change or automation they will receive the rate of 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/she they will be paid an adjusted rate which will be midway between the rate of his/her their regular job at the time of the setback and the rate of his/her the new regular job. At the end of this six (6) month period the rate of his/her new job will apply. However, such employee will have the option of terminating his/her employment and accepting severance pay as outlined in Section 3 below, providing he/she exercises this option within the above referred to six (6) month period. b) Following an application of a) above, where an employee is set back to a lower paid job because of an application of Article VIII - Seniority brought on by mechanization, technological change or automation he/she will receive the rate of his/her regular job at the time of the setback for a period of three (3) months and for a further three (3) months he/she will be paid an adjusted rate which will be midway between the rate of his/her regular job at the time of the setback and the rate of his/her new regular job. At the end of this six (6) month period the rate of his/her new regular job will apply.

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/her 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/she he will be paid an adjusted rate which will be midway between the rate of his/her his regular job at the time of the setback and the rate of his/her his new regular job. At the end of this six (6) month period the rate of his/her his new regular job will apply. However, such employee Employee will have the option of terminating his/her his employment and accepting severance pay as outlined in Section 3 below2 above, providing he/she he exercises this option within the above referred to six (6) month period. (b) Following an application of (a) above, where an employee Employee is set back to a lower paid job because of an application of Article VIII X - Seniority brought on by mechanizationmech- anization, technological change or automation he/she he will receive the rate of his/her his 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/she he will be paid an adjusted rate which will be midway between the rate of his/her his regular job at the time of the setback and the rate of his/her his new regular job. At the end of this six (6) month period the rate of his/her his new regular job will apply.

Rate Adjustment. (a) An employee who is set back to a lower paid job because of mechanization, technological change or automation automation, will receive the rate of his/her 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/she months, he will be paid an adjusted rate which will be midway between the rate of his/her his regular job at the time of the setback and the rate of his/her his new regular job. At the end of this six (6) month period period, the rate of his/her his new regular job will apply. However, such employee will have the option of terminating his/her his employment and accepting severance pay as outlined in Section 3 below2 above, providing he/she he exercises this option within the above referred above-referred-to six (6) month period. (b) Following an application of (a) above, where an employee is set back to a lower paid job because of an application of Article VIII 7 - Seniority brought on by mechanization, technological change or automation he/she automation, he will receive the rate of his/her 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/she months, he will be paid an adjusted rate which will be midway between the rate of his/her his regular job at the time of the setback and the rate of his/her his new regular job. At the end of this six (6) month period period, the rate of his/her his new regular job will apply.