Severance Pay - Plant Closure Sample Clauses

Severance Pay - Plant Closure. (a) Employees terminated because of a permanent closure of the operation shall be entitled to severance pay equal to forty (40) hours pay at the currant rate for each year of continuos service and thereafter for partial years in increments of completed months of service with the Company to a maximum of ten (10) weeks.
Sample 1
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Severance Pay - Plant Closure. The Company will give the Union three (3) months' notice of a permanent, partial, or total Plant closure (discontinuance of business). Where lay-offs are caused by the permanent discontinuance of all or part of the business, the Company shall pay an amount equal to one week, forty (40) hours, at their basic rate for every completed year of service to employees with one (1) to fifteen 5) years service. For those employees with greater than fifteen 5) years completed service the Company shall pay one and one-half weeks, sixty (60) hours, at their basic rate for every completed year of service up to a maximum of fifty-two (52) weeks. Employees who elect to receive severance pay at the time of lay-off will forfeit all seniority and recall rights. The parties agree that the following letters or items are part of the Collective Agreement signed by the parties this 15th day of November COMMUNICATIONS, ENERGY AND CANADA INC. PAPERWORKERS UNION OF CANADA PLANT AND ITS LOCAL ITEMS AND OF UNDERSTANDING INDEX Part of the Collective Agreement. Students Contracting Out Employee Assistance Program President of the Union on Days Medical Specialist Appointments Flex Crew Arrangements Page The parties agree that the following letters or items are attached for information purposes only, are non-arbitrable, and are not part of the Collective Agreement signed by the parties this 15th day of November COMMUNICATIONS, ENERGY AND CANADA INC. PAPERWORKERS UNION OF CANADA PLANT AND ITS LOCAL ITEMS AND LETTERS OF UNDERSTANDING INDEX For Information Purposes Only, Non-arbitrable, Not Part of the Collective Agreement. Page 5-Day Lay-off Provision Deleted Classification and Re-instatement Utilization of Scrubber Maintenance Vacation Relief Employee Schedule Employment of Employees with Recall Rights Job Descriptions Fire Brigade and/or the Emergency Medical Response Team Overtime Assignment Error Maintenance Department Shift Coverage.. Welding Individualized Employee Benefit Statements CELANESE June Xxxxx Xxxxxxxxxxx President Communications, Energy and Paperworkers Union, Local Dear Xxxxxxxxxxx: STUDENTS This will confirm the understanding reached between the Company and the Union. Students who bargaining unit work other than general clean-up and labour shall be paid the Operator in Training rate. Students shall also receive overtime and shift premium. No other provisions of the Collective Agreement apply to students. Yours sincerely, CELANESE CANADA INC. MILLHAVEN PLANT Xxxxxx Manager...
Sample 1
Severance Pay - Plant Closure. Full-time employees on the payroll with recall rights in accordance with 7.05 (g) shall be paid the equivalent of three (3) weeks for each year of service based on their regular hourly rate of pay to a maximum of fifty two (52) weeks. Sev- erance pay which is paid to an employee shall be deemed to include any severance payments required by law. All severance payments shall be subject to deductions required by law.
Sample 1
Severance Pay - Plant Closure. 15.1 In the event that it becomes necessary to close the plant or a portion of the plant and it is not expected that those affected will be re-employed, severance pay will be paid to employees who have seniority subject to the following:
Sample 1

Related to Severance Pay - Plant Closure

  • Severance Plan The term “Severance Plan” shall mean the Assured Guaranty Ltd. Executive Severance Plan.

  • Salaried Employees 1. Employees in this unit who qualify for exemption from the FLSA overtime provisions based upon duties and who are assigned to a class or pay grade, if the class has multiple pay grades, with a top step regular biweekly rate, without bonuses, above the top step regular biweekly rate for the class of Shift Superintendent Wastewater Treatment I shall be treated as salaried employees, in accordance with the provisions of the FLSA as identified in Los Angeles Administrative Code section 4.113(b). Salaried employees may be assigned 5/40, 4/10, 9/80 or other schedules at the discretion of Management. Notwithstanding any LAAC and MOU provisions, or other City department rules and regulations to the contrary, these employees shall not be required to record specific hours of work for compensation purposes, although hours may be recorded for other purposes. These employees will be paid the predetermined salary for each biweekly pay period, as indicated in the appropriate salary appendices, and shall not receive overtime compensation. Salaried employees shall not be subject to deductions from salary or any leave banks for absence from work for less than a full workday. This provision applies to occasional partial day absences from work which is authorized by the appropriate supervisor designated by management. This provision does not apply to long-term or recurring partial day absences (e.g., intermittent leave/reduced work schedule for purposes of Family/Medical Leave). Salaried employees shall not be subject to disciplinary suspension for a period of less than a workweek (seven days; half of the biweekly pay) unless based on violations of a safety rule of major significance. This requirement shall be superseded by the revised Department of Labor FLSA regulations pertaining to disciplinary suspensions of FLSA-exempt employees on the operative date of the FLSA regulations. The appointing authority of each City department may grant time off for hours worked due to unusual situations.

  • Standard Company Benefits Executive shall be entitled to participate in all employee benefit programs for which Executive is eligible under the terms and conditions of the benefit plans that may be in effect from time to time and provided by the Company to its employees. The Company reserves the right to cancel or change the benefit plans or programs it offers to its employees at any time.

  • Workplace Safety Insurance Benefits (WSIB) Top Up Benefits If the employee is in a class of employees that, on August 31, 2012, was entitled to use unused sick leave credits for the purpose of topping up benefits received under the Workplace Safety and Insurance Act, 1997;

  • Public Benefits This Agreement provides assurances that the Public Benefits identified below will be achieved and developed in accordance with the Applicable Rules and Project Approvals and with the terms of this Agreement and subject to the City’s Reserved Powers. The Project will provide Public Benefits to the City, including without limitation:

  • Severance Pay and Benefits Upon Termination by the Company without Cause or by the Executive for

  • Layoff Benefits All rights to which a certificated employee was entitled at the time of his/her layoff including unused accumulated sick leave and credits toward leave eligibility will be restored to the certificated employee upon his/her return to active employment, and the certificated employee will be placed upon the proper step of the salary schedule for the certificated employee's current position according to the certificated employee's experience and education.

  • Health Benefits The method for determining the Employer bi-weekly contributions to the cost of employee health insurance programs under the Federal Employees Health Benefits Program (FEHBP) will be as follows:

  • Benefits Plans During the Employment Period, You will be eligible to participate in all benefit plans in effect for executives and employees of the Company, subject to the terms and conditions of such plans.

  • Retiree Medical Benefits If Executive is or would become fifty-five (55) or older and Executive's age and service equal sixty-five (65) and Executive has at least five (5) years of service with the Company within two (2) years of Change in Control, Executive is eligible for retiree medical benefits (as such are determined immediately prior to Change in Control). Executive is eligible to commence receiving such retiree medical benefits based on the terms and conditions of the applicable plans in effect immediately prior to the Change in Control.

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