Common use of SEVERANCE PAY PLAN Clause in Contracts

SEVERANCE PAY PLAN. In the event that an Employee's employment is terminated due to the permanent closure of the plant at Walkerville/Windsor, they shall receive from the Company 2 weeks regular non-overtime pay per year of seniority up to a maximum of 52 weeks of pay.

Appears in 6 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement