Separation Provision Sample Clauses

A Separation Provision outlines the terms and procedures for parties to end their relationship or agreement. Typically, it specifies the conditions under which separation can occur, the notice required, and the responsibilities of each party upon separation, such as the return of property or final payments. This clause ensures that both parties understand their rights and obligations if the agreement is terminated, thereby reducing uncertainty and potential disputes during the separation process.
Separation Provision. An Officer whose job has been made redundant as identified under the Redundant Job Schedule, and who has chosen not to accept any of the options — 1.(b)(i), 1.(b)(ii) or 1.(b)(iii) as listed above, would be eligible. This would also apply to any Officer who is realigned pursuant to 1.(b)(i).
Separation Provision. An Officer whose job has been made redundant as identified under the Redundant Job Schedule, and who has chosen not to accept any of the options or as listed above, would be eligible. This would also apply to any Officer who is realigned pursuant to The separation allowance shall consist of three (3) weeks of basic pay (twenty-one days at the calendar rate) for each year of cumulative compensated service" to a maximum of seventy-five per cent the Officer could earn at this basic rate prior to age sixty-five (65). A pro rated payment will be made for a part year. This enhanced allowance for separation due to redundant jobs replaces the severance provisions of Article in the current Collective Agreement. *Cumulative Compensated Service shall be defined as:
Separation Provision. An Officer whose job has been made redundant as identified under the Redundant Job Schedule and who has chosen not to accept any of the options: or as listed above would be eligible. This would also apply to any Officer who is realigned pursuant to
Separation Provision. An Officer whose job has been made redundant as identified under the Redundant Job and who has chosen not to accept any of the options: or as above be This to any Officer who is pursuant to The separation consist of: Three (3) weeks of basic pay (21) days at the rate) for each year of compensated service* to a maximum of seventy-five percent (75%)the Officer could earn at this basic rate prior to age sixty-five. A payment will be made for a part year. This enhanced allowance for separation due to redundant jobs replaces the severance provisions of Article in the current Collective Agreement. *Cumulative Compensated Service shall be defined as: (a) One month of cumulative service is equal to days with the Company. Twelve (12) of these months shall constitute one (1)year of cumulative compensated service (time on Long Term Disability is