Common use of Separation Allowance Clause in Contracts

Separation Allowance. A Dismissed Employee may, at such employee’s option, within seven (7) days of dismissal or an arbitration award establishing the employee’s status as a Dismissed Employee, resign and (in lieu of all other benefits and protections provided in this award term B.5) accept a lump sum payment computed in accordance with Section 9 of the Washington Job Protection Agreement of May 1936, as amended.

Separation Allowance. A Dismissed Employee may, at such employee’s option, within seven (7) days of dismissal or an arbitration award establishing the employee’s status as a Dismissed Employee, resign and (in lieu of all other benefits and protections provided in this award term B.5Appendix) accept a lump sum payment computed in accordance with Section 9 of the Washington Job Protection Agreement of May 1936, as amended.