Common use of Severance Allowance Clause in Contracts

Severance Allowance. (a) An employee with one (1) or more years of continuous service for whom no job is available because of mechanization, technological change or automation will, upon termination, receive a severance allowance calculated by one of the two following methods based on his last period of continuous service, it being the choice of the affected employee as to which of such methods of calculation is used: Years of Severance Allowance Employment Weeks/yr.* or % of Earnings 1st ten years 2 4% Subsequent years 1 2% Maximum Severance 45 weeks 1800 hours Allowance * Computed on the basis of forty (40) straight time hours at the employee’s regular rate. For employees with a minimum of one (1) year’s employment during their last period of continuous service, severance allowance shall not be less than four (4) weeks’ pay. At the time of separation the employee shall have the option of receiving the severance allowance on termination, or he/she may elect to have his/her severance allowance held in abeyance for up to one year from the date of termination. They may apply in writing at any time during the year, at which time their full severance allowance will be paid forthwith. Where the right of recall and seniority retention under Article XXI is elected, the employee’s severance allowance will be held in abeyance for the duration of their recall rights at which time the employee will be terminated and their severance allowance paid forthwith. Where the employee renounces the right of recall during this period, the employee will be terminated and his/her severance allowance paid forthwith with all seniority and recall rights being forfeited. No payment will be made under this section in cases where the employee has already qualified under Article XXII, Section 5, Job Elimination, or under Article XXI, Section 2, Permanent Mill Closure.

Severance Allowance. (a) An employee with one (1) or more years of continuous service for whom no job is available because of mechanization, technological change or automation will, upon termination, receive a severance allowance calculated by one of the two following methods based on his last period of continuous service, it being the choice of the affected employee as to which of such methods of calculation is used: Years of Employment Weeks per Year of Service Severance Allowance Employment Weeks/yr.* or % of Earnings 1st ten years Twenty Years 2 4% Subsequent years 1 2% Maximum Severance 45 weeks 1800 Allowance *52 Weeks 2080 hours Allowance * Computed C o m p u xxx on the basis of forty (40) straight time hours at the employee’s regular rate. For employees with a minimum of one (1) year’s years’ employment during their last period of continuous service, severance allowance shall not be less than four (4) weeks’ pay. At the time of separation the employee shall have the option of receiving the severance allowance on termination, or he/she he may elect to have his/her his severance allowance held in abeyance for up to one (1) year from the date of termination. They He may apply in writing at any time during the year, at which time their his full severance allowance will be paid forthwith. Where the right of recall and seniority retention under Article XXI XVII is elected, the employee’s severance allowance will be held in abeyance for the duration of their his recall rights at which time the employee will be terminated and their his severance allowance paid forthwith. Where the employee renounces the right of recall during this period, the employee will be terminated and his/her his severance allowance paid forthwith with all seniority and recall rights being forfeited. Employees will have their welfare coverage continued for the current month plus two (2) additional months from their date of termination. No payment will be made under this section in cases where the employee has already qualified under Article XXII, Section 5, Job Elimination, or under Article XXI, Section 2, Permanent Mill Closure.

Severance Allowance. (a) An employee with one (1) or more years of continuous service for whom no job is available because of mechanization, technological change or automation will, upon termination, receive a severance allowance calculated by one of the two following methods based on his their last period of continuous service, it being the choice of the affected employee as to which of such methods of calculation is used: Years of Employment Severance Allowance Employment Weeks/yr.* or Weeks per year of service % of Earnings 1st ten twenty years 2 4% Subsequent years 1 2% Maximum Severance 45 weeks 1800 Allowance 52 weeks* 2080 hours Allowance * *Computed on the basis of forty (40) straight time hours at the employee’s regular rate. Employees will have their welfare coverage continued for the current month plus two (2) additional months from their date of termination. For employees with a minimum of one (1) year’s employment during their last period of continuous service, severance allowance shall not be less than four (4) weeks’ pay. At the time of separation the employee shall have the option of receiving the their severance allowance on termination, or he/she they may elect to have his/her their severance allowance held in abeyance for up to one year from the date of termination. They may apply in writing at any time during the year, at which time their full severance allowance will be paid forthwith. Where the right of recall and seniority retention under Article XXI XVII is elected, the employee’s severance allowance will be held in abeyance for the duration of their recall rights at which time the employee will be terminated and their severance allowance paid forthwith. Where the employee renounces the right of recall during this period, the employee will be terminated and his/her their severance allowance paid forthwith with all seniority and recall rights being forfeited. No payment will be made under this section in cases where the employee has already qualified under Article XXII, Section 5, Job Elimination, or under Article XXI, Section 2, Permanent Mill Closure.

Severance Allowance. (a) An employee with one (1) or more years of continuous service for whom no job is available because of mechanization, technological change or automation will, upon termination, receive a severance allowance calculated by one of the two following methods methods, based on his his/her last period of continuous service, it being the choice of the affected employee as to which of such methods of calculation is used: Years of Employment Severance Allowance Employment Weeks/yr.* or Weeks per year of service % of Earnings 1st ten twenty years 2 4% Subsequent years 1 2% Maximum Severance 45 weeks 1800 Allowance 52 weeks* 2080 hours Allowance * *Computed on the basis of forty (40) straight time hours at the employee’s regular rate. For employees with a minimum of one (1) year’s employment during their his/her last period of continuous service, severance allowance shall not be less than four (4) weeks’ week’s pay. At the time of separation the employee shall have the option of receiving the his/her severance allowance on termination, or he/she may elect to have his/her severance allowance held in abeyance for up to one year from the date of termination. They He may apply in writing at any time during the year, at which time their his/her full severance allowance will be paid forthwith. Where the right of recall and seniority retention under Article XXI is elected, the employee’s severance allowance will be held in abeyance for the duration of their his/her recall rights at which time the employee will be terminated and their his/her severance allowance paid forthwith. Where the an employee renounces the right of recall during this period, the employee will be terminated and his/her severance allowance paid forthwith with all seniority and recall rights being forfeited. Employees will have their welfare coverage continued for the current month plus two (2) additional months from their date of termination. No payment will be made under this section in cases where the employee has already qualified under Article XXIIXXIV, Section 5, Job Elimination, or under Article XXIXXIII, Section 2, Permanent Mill Closure.

Severance Allowance. (a) An employee with one (1) or more years of continuous service for whom no job is available because of mechanization, technological change or automation will, upon termination, receive a severance allowance calculated by one of the two following methods based on his last period of continuous service, it being the choice of the affected employee as to which of such methods of calculation is used: . Years of Employment Severance Allowance Employment Weeks/yr.* or OR % of Earnings 1st ten twenty (20) years 2 4% Subsequent years 1 2% Maximum Severance 45 Allowance 52* weeks 1800 2080 hours Allowance * *Computed on the basis of forty (40) straight time hours at the employee’s regular rate. For employees with a minimum of one (1) year’s years employment during their last period of continuous service, severance allowance shall not be less than four (4) weeks’ pay. At the time of separation the employee shall have the option of receiving the severance allowance on termination, or he/she may elect to have his/her severance allowance held in abeyance for up to one (1) year from the date of termination. They He/she may apply in writing at any time during the year, at which time their his/her full severance allowance will be paid forthwith. Where the right of recall and seniority retention under Article XXI is elected, the employee’s severance allowance will be held in abeyance for the duration of their his/her recall rights at which time the employee will be terminated and their his/her severance allowance paid forthwith. Where the employee renounces the right of recall during this the period, the employee will be terminated and his/her severance allowance paid forthwith with all seniority and recall rights being forfeited. Employees will have their welfare coverage continued for the current month plus two (2) additional months from their date of termination. No payment will be made under this section in cases where the employee has already qualified qualified under Article XXIIXXIV, Section 5, Job Elimination, or under Article XXIXXIII, Section 2, Permanent Mill Closure.

Severance Allowance. (a) An employee with one (1) or more years of continuous service for whom no job is available because of mechanization, technological change or automation will, upon termination, receive a severance allowance calculated by one of the two following methods based on his last period of continuous service, it being the choice of the affected employee as to which of such methods of calculation is used: Years of Employment Weeks per Year of Service Severance Allowance Employment Weeks/yr.* or % of Earnings 1st ten years Twenty (20) Years 2 4% Subsequent years 1 2% Maximum Severance 45 weeks 1800 Allowance *52 Weeks 2080 hours Allowance * *Computed on the basis of forty (40) straight time hours at the employee’s regular rate. For employees with a minimum of one (1) year’s years’ employment during their last period of continuous service, severance allowance shall not be less than four (4) weeks’ pay. At the time of separation the employee shall have the option of receiving the severance allowance on termination, or he/she he may elect to have his/her his severance allowance held in abeyance for up to one (1) year from the date of termination. They He may apply in writing at any time during the year, at which time their his full severance allowance will be paid forthwith. Where the right of recall and seniority retention under Article XXI XVII is elected, the employee’s severance allowance will be held in abeyance for the duration of their his recall rights at which time the employee will be terminated and their his severance allowance paid forthwith. Where the employee renounces the right of recall during this period, the employee will be terminated and his/her his severance allowance paid forthwith with all seniority and recall rights being forfeited. Employees will have their welfare coverage continued for the current month plus two (2) additional months from their date of termination. No payment will be made under this section in cases where the employee has already qualified under Article XXII, Section 5, Job Elimination, or under Article XXI, Section 2, Permanent Mill Closure.

Severance Allowance. (a) An employee with one (1) or more years of continuous service for whom no job is available because of mechanization, technological change or automation will, upon termination, receive a severance allowance calculated by one of the two following methods based on his last period of continuous service, it being the choice of the affected employee as to which of such methods of calculation is used: . Years of Employment Severance Allowance Employment Weeks/yr.* or % OR% of Earnings 1st ten twenty (20) years 2 4% Subsequent years 1 2% Maximum Severance 45 Allowance is Fifty-two (52) weeks 1800 2080 hours Allowance * *Computed on the basis of forty (40) straight time hours at the employee’s regular rate. For employees with a minimum of one (1) year’s years employment during their last period of continuous service, severance allowance shall not be less than four (4) weeks’ pay. At the time of separation the employee shall have the option of receiving the severance allowance on termination, or he/she may elect to have his/her severance allowance held in abeyance for up to one (1) year from the date of termination. They He/she may apply in writing at any time during the year, at which time their his/her full severance allowance will be paid forthwith. Where the right of recall and seniority retention under Article XXI is elected, the employee’s severance allowance will be held in abeyance for the duration of their his/her recall rights at which time the employee will be terminated and their his/her severance allowance paid forthwith. Where the employee renounces the right of recall during this period, the employee will be terminated and his/her severance allowance paid forthwith with all seniority and recall rights being forfeited. Employees will have their welfare coverage continued for the current month plus two (2) additional months from their date of termination. No payment will be made under this section in cases where the employee has already qualified under Article XXIIXXIV, Section 5, Job Elimination, or under Article XXIXXIII, Section 2, Permanent Mill Closure.

Severance Allowance. (a) An employee with one (1) or more years of continuous service for whom no job is available because of mechanization, technological change or automation will, upon termination, receive a severance allowance calculated by one of the two following methods based on his his/her last period of continuous service, service it being the choice of the affected employee as to which of such methods of calculation is used: . Years of Employment Severance Allowance Employment Weeks/yrYr.* or % of Earnings 1st ten years TwentyYears 2 4% Subsequent years 1 2% Maximum Severance 45 MAXIMUM SEVERANCE 52 weeks 1800 2080 hours Allowance * ALLOWANCE *Computed on the basis of forty (40) straight time hours at the employee’s current regular rate. For employees with a minimum of one (1) year’s employment during their last period of continuous service, severance allowance shall not be less than four (4) weeks’ weeks pay. Employees will have their welfare coverage continued for the current month plus two (2) additional months from their date of termination. At the time of separation separation, the employee shall have the option of receiving the severance allowance on termination, or he/she may elect to have his/her severance allowance held in abeyance for up to one (1) year from the date of termination. They He/she may apply in writing at any time during the year, at which time their his/her full severance allowance will be paid forthwith. Where the right of recall and seniority retention under Article XXI XVIII (JLA) is elected, the employee’s severance allowance will be held in abeyance for the duration of their his/her recall rights at which time the employee will be terminated and their his/her severance allowance paid forthwith. Where the employee renounces the right of recall during this period, the employee will be terminated and his/her severance allowance paid forthwith with all seniority and recall rights being forfeited. No payment will be made under this section in cases where the employee has already qualified under Article XXII, Section 5, Job Elimination, or under Article XXI, Section 2, Permanent Mill Closure.

Severance Allowance. (a) An employee with one (1) or more years of continuous service for whom no job is available because of mechanization, technological change or automation will, upon termination, receive a severance allowance calculated by one of the two following methods based on his his/her last period of continuous service, service it being the choice of the affected employee as to which of such methods of calculation is used: . Years of Employment Severance Allowance Employment Weeks/yrYr.* or % of Earnings 1st ten years Ten Years 2 4% Subsequent years 1 2% Maximum Severance MAXIMUM SEVERANCE 45 weeks 1800 hours Allowance * ALLOWANCE *Computed on the basis of forty (40) straight time hours at the employee’s employees’ regular rate. For employees with a minimum of one (1) year’s employment during their last period of continuous service, severance allowance shall not be less than four (4four(4) weeks’ weeks pay. At the time of separation separation, the employee shall have the option of receiving the severance allowance on termination, or he/she may elect to have his/her severance allowance held in abeyance for up to one (1) year from the date of termination. They He/she may apply in writing at any time during the year, at which time their his/her full severance allowance will be paid forthwith. Where the right of recall and seniority retention under Article XXI XVII (JLA) is elected, the employee’s severance allowance will be held in abeyance for the duration of their his/her recall rights at which time the employee will be terminated and their his/her severance allowance paid forthwith. Where the employee renounces the right of recall during this period, the employee will be terminated and his/her severance allowance paid forthwith with all seniority and recall rights being forfeited. No payment will be made under this section in cases where the employee has already qualified under Article XXII, Section 5, Job Elimination, or under Article XXI, Section 2, Permanent Mill Closure.

Severance Allowance. (a) An employee with one (1) or more years of continuous service for whom no job is available because of mechanization, technological change or automation will, upon termination, receive a severance allowance calculated by one of the two following methods based on his last period of continuous service, it being the choice of the affected employee as to which of such methods of calculation is used: Years of Employment Severance Allowance Employment Weeks/yr.* or Weeks per year of service % of Earnings earnings 1st ten years Twenty (20) Years 2 4% Subsequent years Years 1 2% Maximum Severance 45 weeks 1800 hours Allowance 52 Weeks * 2080 Hours *Computed on the basis of forty (40) straight time hours at the employee’s regular rate. For employees with a minimum of one (1) year’s years’ employment during their last period of continuous service, severance allowance shall not be less than four (4) weeks’ weeks pay. At the time of separation the separation, an employee shall have the option of receiving the severance allowance on termination, or he/she may elect to have his/her the severance allowance held in abeyance for up to one (1) year from the date of termination. They The employee may apply in writing at any time during the year, at which time their the full severance allowance will be paid forthwith. Where the employee elects the right of recall and seniority retention under Article XXI is electedXXI, the employee’s severance allowance will be held in abeyance for the duration of their the recall rights rights, at which time the employee will be terminated and their severance allowance paid forthwith. Where the employee renounces the right of recall during this period, the employee will be terminated and his/her severance allowance paid forthwith forthwith, with all seniority and recall rights being forfeited. Employees will have their welfare coverage continued for the current month plus two (2) additional months from their date of termination. No payment will be made under this section in cases where the an employee has already qualified under Article XXIIXXIII - Permanent Mill Closure, Section 5, Job Elimination2, or under Article XXIXXIV - Job Elimination, Section 2, Permanent Mill Closure5.

Severance Allowance. (a) An employee with one (1) or more years of continuous service for whom no job is available because of mechanization, technological change or automation will, upon termination, receive a severance allowance calculated by one of the two following methods based on his their last period of continuous service, it being the choice of the affected employee as to which of such methods of calculation is used: Years of Employment Weeks per Year of Service Severance Allowance Employment Weeks/yr.* or % of Earnings 1st ten years Twenty Years 2 4% Subsequent years 1 2% Maximum Severance 45 weeks 1800 Allowance *52 Weeks 2080 hours Allowance * *Computed on the basis of forty (40) straight time hours at the employee’s regular rate. For employees with a minimum of one (1) year’s years’ employment during their last period of continuous service, severance allowance shall not be less than four (4) weeks’ pay. At the time of separation the employee shall have the option of receiving the severance allowance on termination, or he/she they may elect to have his/her their severance allowance held in abeyance for up to one (1) year from the date of termination. They may apply in writing at any time during the year, at which time their full severance allowance will be paid forthwith. Where the right of recall and seniority retention under Article XXI XVII is elected, the employee’s severance allowance will be held in abeyance for the duration of their recall rights at which time the employee will be terminated and their severance allowance paid forthwith. Where the employee renounces the right of recall during this period, the employee will be terminated and his/her their severance allowance paid forthwith with all seniority and recall rights being forfeited. Employees will have their welfare coverage continued for the current month plus two (2) additional months from their date of termination. No payment will be made under this section in cases where the employee has already qualified under Article XXII, Section 5, Job Elimination, or under Article XXI, Section 2, Permanent Mill Closure.

Severance Allowance. (a) An employee with one (1) or more years of continuous service for whom no job is available because of mechanization, technological change or automation will, upon termination, receive a severance allowance calculated by one of the two following methods based on his last period of continuous service, it being the choice of the affected employee as to which of such methods of calculation is used: . Years of Employment Severance Allowance Employment Weeksweeks/yr.* or % of Earnings 1st ten twenty (20) years 2 4% Subsequent years 1 2% Maximum Severance 45 Allowance 52* weeks 1800 2080 hours Allowance * *Computed on the basis of forty (40) straight time hours at the employee’s regular rate. For employees with a minimum of one (1) year’s years employment during their last period of continuous service, severance allowance shall not be less than four (4) weeks’ pay. At the time of separation the employee shall have the option of receiving the severance allowance on termination, or he/she may elect to have his/her severance allowance held in abeyance for up to one (1) year from the date of termination. They He/she may apply in writing at any time during the year, at which time their his/her full severance allowance will be paid forthwith. Where the right of recall and seniority retention under Article XXI is elected, the employee’s severance allowance will be held in abeyance for the duration of their his/her recall rights at which time the employee will be terminated and their his/her severance allowance paid forthwith. Where the employee renounces the right of recall during this period, the employee will be terminated and his/her severance allowance paid forthwith with all seniority and recall rights being forfeited. Employees will have their welfare coverage continued for the current month plus two (2) additional months from their date of termination. No payment will be made under this section in cases where the employee has already qualified under Article XXIIXXIV, Section 5, Job Elimination, or under Article XXIXXIII, Section 2, Permanent Mill Closure.

Severance Allowance. (a) An employee with one (1) or more years of continuous service for whom no job is available because of mechanization, technological change or automation will, upon termination, receive a severance allowance calculated by one of the two following methods based on his his/her last period of continuous service, service it being the choice of the affected employee as to which of such methods of calculation is used: . Years of Employment Severance Allowance Employment Weeks/yrYr.* or % of Earnings 1st ten years TwentyYears 2 4% Subsequent years 1 2% Maximum Severance 45 MAXIMUM SEVERANCE 52 weeks 1800 2080 hours Allowance * ALLOWANCE *Computed on the basis of forty (40) straight time hours at the employee’s current regular rate. For employees with a minimum of one (1) year’s employment during their last period of continuous service, severance allowance shall not be less than four (4) weeks’ pay. Employees will have their welfare coverage continued for the current month plus two (2) additional months from their date of termination. At the time of separation separation, the employee shall have the option of receiving the severance allowance on termination, or he/she may elect to have his/her severance allowance held in abeyance for up to one (1) year from the date of termination. They He/she may apply in writing at any time during the year, at which time their his/her full severance allowance will be paid forthwith. Where the right of recall and seniority retention under Article XXI XVIII (JLA) is elected, the employee’s severance allowance will be held in abeyance for the duration of their his/her recall rights at which time the employee will be terminated and their his/her severance allowance paid forthwith. Where the employee renounces the right of recall during this period, the employee will be terminated and his/her severance allowance paid forthwith with all seniority and recall rights being forfeited. No payment will be made under this section in cases where the employee has already qualified under Article XXII, Section 5, Job Elimination, or under Article XXI, Section 2, Permanent Mill Closure.

Severance Allowance. (a) An employee with one (1) or more years of continuous service for whom no job is available because of mechanization, technological change or automation will, upon termination, receive a severance allowance calculated by one of the two following methods based on his last period of continuous service, it being the choice of the affected employee as to which of such methods of calculation is used: Years of Employment Severance Allowance Employment Weeks/yr.* or Weeks Per Year of Service % of Earnings 1st ten years Twenty (20) Years 2 4% Subsequent years Years 1 2% Maximum Severance 45 weeks 1800 hours Allowance 52 Weeks * 2080 Hours * Computed on the basis of forty (40) straight time hours at the employee’s regular rate. For employees with a minimum of one (1) year’s years’ employment during their last period of continuous service, severance allowance shall not be less than four (4) weeks’ pay. At the time of separation the employee shall have the option of receiving the severance allowance on termination, or he/she he may elect to have his/her his severance allowance held in abeyance for up to one (1) year from the date of termination. They He may apply in writing at any time during the year, at which time their his full severance allowance will be paid forthwith. Where the right of recall and seniority retention under Article XXI is elected, the employee’s severance allowance will be held in abeyance for the duration of their his recall rights at which time the employee will be terminated and their his severance allowance paid forthwith. Where the employee renounces the right of recall during this period, the employee will be terminated and his/her his severance allowance paid forthwith with all seniority and recall rights being forfeited. Employees will have their welfare coverage continued for the current month plus two (2) additional months from their date of termination. No payment will be made under this section in cases where the employee has already qualified under Article XXIIXXIV, Section 5, Job Elimination, or under Article XXIXXIII, Section 2, Permanent Mill Closure.

Severance Allowance. (a) An employee with one (1) or more years of continuous service for whom no job is available because of mechanization, technological change or automation will, upon termination, receive a severance allowance calculated by one of the two following methods based on his their last period of continuous service, it being the choice of the affected employee as to which of such methods of calculation is used: Years of employment Severance Allowance Employment Weeks/yr.* or Weeks per year of service % of Earnings 1st ten twenty years 2 4% Subsequent years 1 2% Maximum Severance 45 weeks 1800 hours Allowance * Xxx Xxxxxxxxx allowance *52 Weeks 2080 Hours *Computed on the basis of forty (40) straight time hours at the employee’s regular rate. Employees will have their welfare coverage continued for the current month plus two (2) additional months from their date of termination. For employees with a minimum of one (1) year’s 's employment during their last period of continuous service, severance allowance shall not be less than four (4) weeks’ ' pay. At the time of separation the employee shall have the option of receiving the their severance allowance on termination, or he/she they may elect to have his/her their severance allowance held in abeyance for up to one year from the date of termination. They may apply in writing at any time during the year, at which time their full severance allowance will be paid forthwith. Where the right of recall and seniority retention under Article XXI XVII is elected, the employee’s severance allowance will be held in abeyance for the duration of their recall rights at which time the employee will be terminated and their severance allowance paid forthwith. Where the employee renounces the right of recall during this period, the employee will be terminated and his/her their severance allowance paid forthwith with all seniority and recall rights being forfeited. No payment will be made under this section in cases where the employee has already qualified under Article XXII, Section 5, Job Elimination, or under Article XXI, Section 2, Permanent Mill Closure.

Severance Allowance. (a) An employee with one (1) or more years of continuous service for whom no job is available because of mechanization, technological change or automation will, upon termination, receive a severance allowance calculated by one of the two following methods based on his last period of continuous service, it being the choice of the affected employee as to which of such methods of calculation is used: Severance Allowance Years of Severance Allowance Employment Weeks/yr.Weeks / Year* or % of Earnings 1st ten years 2 4% Subsequent years 1 2% Maximum Severance MAXIMUM SEVERANCE ALLOWANCE 45 weeks 1800 hours Allowance * *Computed on the basis of forty (40) straight time hours at the employee’s 's regular rate. For employees with a minimum of one (1) year’s 's employment during their last period of continuous service, severance allowance shall not be less than four (4) weeks’ ' pay. At the time of separation the employee shall have the option of receiving the severance allowance on termination, or he/she he may elect to have his/her his severance allowance held in abeyance for up to one (1) year from the date of termination. They He may apply in writing at any time during the year, at which time their his full severance allowance will be paid forthwith. Where the right of recall and seniority retention under Article XXI is elected, the employee’s 's severance allowance will be held in abeyance for the duration of their his recall rights at which time the employee will be terminated and their his severance allowance paid forthwith. Where the employee renounces the right of recall during this period, the employee will be terminated and his/her his severance allowance paid forthwith with all seniority and recall rights being forfeited. No payment will be made under this section in cases where the employee has already qualified under Article XXIIXXIV, Section 5, Job Elimination, or under Article XXIXXIII, Section 2, Permanent Mill Closure.

Severance Allowance. (a) An employee with one (1) or more years of continuous service for whom no job is available because of mechanization, technological change or automation will, upon termination, receive a severance allowance calculated by one of the two following methods based on his last period of continuous service, it being the choice of the affected employee as to which of such methods of calculation is used: . Years of Employment Severance Allowance Employment Weeks/yr.* or OR % of Earnings 1st ten twenty (20) years 2 4% Subsequent years 1 2% Maximum Severance 45 Allowance 52* weeks 1800 2080 hours Allowance * *Computed on the basis of forty (40) straight time hours at the employee’s regular rate. For employees with a minimum of one (1) year’s years employment during their last period of continuous service, severance allowance shall not be less than four (4) weeks’ pay. At the time of separation the employee shall have the option of receiving the severance allowance on termination, or he/she may elect to have his/her severance allowance held in abeyance for up to one (1) year from the date of termination. They He/she may apply in writing at any time during the year, at which time their his/her full severance allowance will be paid forthwith. Where the right of recall and seniority retention under Article XXI is elected, the employee’s severance allowance will be held in abeyance for the duration of their his/her recall rights at which time the employee will be terminated and their his/her severance allowance paid forthwith. Where the employee renounces the right of recall during this period, the employee will be terminated and his/her severance allowance paid forthwith with all seniority and recall rights being forfeited. Employees will have their welfare coverage continued for the current month plus two (2) additional months from their date of termination. No payment will be made under this section in cases where the employee has already qualified qualified under Article XXIIXXIV, Section 5, Job Elimination, or under Article XXIXXIII, Section 2, Permanent Mill Closure.

Severance Allowance. (a) An employee with one (1) or more years of continuous service for whom no job is available because of mechanization, technological change or automation will, upon termination, receive a severance allowance calculated by one of the two following methods based on his last period of continuous service, it being the choice of the affected employee as to which of such methods of calculation is used: Years of Employment Severance Allowance Employment Weeks/yr.year* or Allowance % of Earnings 1st ten years 2 4% Subsequent years 1 2% Maximum Severance Allowance 45 weeks Weeks 1800 hours Allowance * Computed computed on the basis of forty (40) straight time hours at the employee’s regular rate. For employees with a minimum of one (1) year’s years’ employment during their last period of continuous service, severance allowance shall not be less than four (4) weeks’ pay. At the time of separation the employee shall have the option of receiving the severance allowance on termination, or he/she he may elect to have his/her his severance allowance held in abeyance for up to one (1) year from the date of termination. They He may apply in writing at any time during the year, at which time their his full severance allowance will be paid forthwith. Where the right of recall and seniority retention under Article XXI XVII is elected, the employee’s severance allowance will be held in abeyance for the duration of their his recall rights at which time the employee will be terminated and their his severance allowance paid forthwith. Where the employee renounces the right of recall during this period, the employee will be terminated and his/her his severance allowance paid forthwith with all seniority and recall rights being forfeited. No payment will be made under this section in cases where the employee has already qualified under Article XXII, Section 5, Job Elimination, or under Article XXI, Section 2, Permanent Mill Closure.

Severance Allowance. (a) An employee with one (1) or more years of continuous service for whom no job is available because of mechanization, technological change or automation will, upon termination, receive a severance allowance calculated by one of the two following methods based on his their last period of continuous service, it being the choice of the affected employee as to which of such methods of calculation is used: Years of Employment Severance Allowance Employment Weeks/yr.* or Weeks per year of service % of Earnings 1st ten twenty years 2 4% Subsequent years 1 2% Maximum Severance 45 weeks 1800 Allowance 52 weeks* 2080 hours Allowance * *Computed on the basis of forty (40) straight time hours at the employee’s regular rate. Employees will have their welfare coverage continued for the current month plus two (2) additional months from their date of termination. For employees with a minimum of one (1) year’s employment during their last period of continuous service, severance allowance shall not be less than four (4) weeks’ pay. At the time of separation the employee shall have the option of receiving the their severance allowance on termination, or he/she they may elect to have his/her their severance allowance held in abeyance for up to one year from the date of termination. They may apply in writing at any time during the year, at which time their full severance allowance will be paid forthwith. Where the right of recall and seniority retention under Article XXI XVII is elected, the employee’s severance allowance will be held in abeyance for the duration of their recall rights at which time the employee will be terminated and their severance allowance paid forthwith. Where the employee renounces the right of recall during this period, the employee will be terminated and his/her their severance allowance paid forthwith with all seniority and recall rights being forfeited. No payment will be made under this section in cases where the employee has already qualified qualified under Article XXII, Section 5, Job Elimination, or under Article XXI, Section 2, Permanent Mill Closure.