Common use of Severance and Recall Clause in Contracts

Severance and Recall. A regular employee who receives severance pay, if he is recalled from lay-off, will be required to refund one (1) week severance pay for each two (2) months of employment until severance pay received in excess of the period of lay-off is fully refunded.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Office and Professional Employees

AutoNDA by SimpleDocs

Severance and Recall. β€Œ A regular employee who receives severance pay, if he is they are recalled from lay-off, will be required to refund one (1) week severance pay for each two (2) months of employment until severance pay received in excess of the period of lay-off is fully refunded.

Appears in 1 contract

Samples: Collective Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.