Common use of Severance Pay Clause in Contracts

Severance Pay. Employees discharged, laid off or displaced from their regular job because of mechanization, technological change or automation shall be entitled to severance pay of seven (7) days’ pay for each year of service with the Company. The amount calculated under such entitlement shall not exceed a maximum of thirty (30) weeks’ pay. This Section shall not apply to employees covered by Section 2 (b) above.

Appears in 16 contracts

Samples: Agreement, Agreement, Agreement

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Severance Pay. Employees discharged, laid off or displaced from their regular job because of mechanization, technological change or automation shall be entitled to severance pay of seven (7) days’ pay for each year of service with the Company. The amount calculated under such entitlement shall not exceed a maximum of thirty (30) weeks’ pay. This Section shall not apply to employees covered by Section 2 (b4(b) above.

Appears in 7 contracts

Samples: – 2014 Collective Agreement, Logging Agreement, Collective Agreement

Severance Pay. Employees discharged, laid off or displaced from their regular job because of mechanization, technological change or automation shall be entitled to severance pay of seven one (71) days’ week's pay for each year of service with the CompanyDistrict. The amount calculated under such entitlement shall not exceed a maximum of thirty (30) weeks' pay. This Section shall not apply to employees covered by Section 2 3 (b) above.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

Severance Pay. Employees discharged, laid laid-off or displaced from their regular job because of mechanization, technological change or automation shall be entitled to severance pay of seven (7) days’ pay for each year of service with the Company. The amount calculated under such entitlement shall not exceed a maximum of thirty (30) weeks' pay. This Section shall not apply to employees covered by Section 2 (b4(b) above.

Appears in 2 contracts

Samples: Collective Agreement, Collective Bargaining Agreement

Severance Pay. Employees discharged, laid laid-off or displaced from their regular job because of mechanization, technological change or automation shall be entitled to severance pay of seven (7) days’ pay for each year of service with the Company. The amount calculated under such entitlement shall not exceed a maximum of thirty (30) weeks’ pay. This Section shall not apply to employees covered by Section 2 (b4(b) above.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Severance Pay. Employees discharged, laid laid-off or displaced from their regular job because of mechanization, technological change or automation shall be entitled to severance pay of seven one (71) days’ week's pay for each year of service with the Company. The amount calculated under such entitlement Said severance pay shall not exceed a maximum of thirty twelve (3012) weeks’ pay' pay per employee. This Eligible employees must exercise this option within the rate adjustment period referred to in Section 3 foregoing; this Section shall not apply to those employees covered by Section 2 (b) aboveset back to a lower paid job through the application of this Article combined with the Seniority Article.

Appears in 1 contract

Samples: Collective Agreement

Severance Pay. Employees discharged, laid off or displaced from their regular job because of mechanization, technological change or automation shall be entitled to severance pay of seven one (71) days’ week's pay for each year of service with the Company. The amount calculated under such entitlement shall not exceed a maximum of thirty (30) weeks’ weeks pay. This Section shall not apply to employees covered by Section 2 (b) above.

Appears in 1 contract

Samples: www.lrb.bc.ca

Severance Pay. Employees discharged, laid laid-off or displaced from their regular job jobs because of mechanization, technological change or automation shall be entitled to severance pay of seven (7) days' pay for each year of service with the Company. The amount calculated under such entitlement shall not exceed a maximum of thirty (30) weeks' pay. This Section shall not apply to employees covered by Section 2 (b) above.

Appears in 1 contract

Samples: www.usw1-2017.ca

Severance Pay. Employees discharged, laid off or displaced from their regular job because of mechanization, technological change or automation shall be entitled to severance pay of seven five (75) days’ days pay for each year of service with the Company and thereafter in increments of completed months of service with the Company. The amount calculated under such entitlement shall not exceed a maximum of thirty (30) weeks’ pay. This Section shall not apply to employees covered by Section 2 (b) 3 above.

Appears in 1 contract

Samples: Collective Agreement

Severance Pay. Employees discharged, laid laid-off or displaced from their regular job because of mechanization, technological change or automation shall be entitled to severance pay of seven one (71) days’ week's pay for each year of service with the Company. The amount calculated under such entitlement shall not exceed a maximum of thirty (30) weeks' pay. This Section shall not apply to employees covered by Section 2 (b4(b) above.

Appears in 1 contract

Samples: Collective Agreement

Severance Pay. Employees discharged, discharged or laid off or displaced from their regular job because of mechanization, technological change change, or automation shall be entitled to severance pay of seven forty (740) days’ hours of pay for each year of service with the Company, limited to 30 years of service. The amount calculated under such entitlement shall not exceed a maximum of thirty (30) weeks’ payAn employee accepting severance will forfeit recall rights. This Section section shall not apply to employees covered by Section 2 25.03 (b) abovebelow.

Appears in 1 contract

Samples: Collective Agreement

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Severance Pay. Employees discharged, discharged or laid off or displaced from their regular job because of mechanization, technological change or automation shall be entitled to a severance pay of seven (7) days’ one week's pay for each year of service with the CompanyComplex. The amount calculated under such entitlement shall not exceed a maximum of thirty (30) weeks' pay. This Section shall not apply to employees covered by Section 2 (b) above.

Appears in 1 contract

Samples: Collective Agreement

Severance Pay. Employees discharged, discharged or laid off or displaced from their regular job because of mechanization, technological change technolog- ical change, or automation shall be entitled to severance sever- ance pay of seven eighty (780) days’ hours of pay for each year of service with the Company. The amount calculated under such entitlement shall not exceed , to a maximum of thirty two thou- sand and eighty (302080) weeks’ payhours. An employee accepting severance will forfeit recall rights. This Section shall not apply to employees covered by Section 2 25.03 (b) abovebelow.

Appears in 1 contract

Samples: Collective Agreement

Severance Pay. Employees discharged, laid off or displaced from their regular job because of mechanization, technological change or automation shall be entitled to severance pay of seven (7) days’ day's pay for each year of service with the Company. The amount calculated under such entitlement shall not exceed a maximum of thirty two hundred and ten (30210) weeks’ days pay. Employees have the option to terminate their employment and accept severance pay either (a) at the time of layoff, or (b) at the point seniority retention expires. This Section section shall not apply to employees covered by Section 2 (b3(b) abovebelow.

Appears in 1 contract

Samples: Agreement

Severance Pay. Employees discharged, laid off or displaced from their regular job because of mechanization, technological change or automation shall be entitled to severance pay of seven (7) days’ pay for each year of service with the Company. A “day’s pay” for this purpose is eight (8) hours straight time. The amount calculated under such entitlement shall not exceed a maximum of thirty (30) weeks’ pay. Thirty (30) weeks’ pay for this purpose equates to 210 days. This Section shall not apply to employees covered by Section 2 (b) above.

Appears in 1 contract

Samples: Collective Agreement

Severance Pay. Employees discharged, laid off or displaced from their regular job because of mechanization, technological change or automation shall be entitled to severance pay of seven (7) days' pay for each year of service with the Company. The amount calculated under such entitlement shall not exceed a maximum of thirty (30) weeks' pay. This Section shall not apply to employees covered by Section 2 (b4(b) above.

Appears in 1 contract

Samples: Fir Coast Master Logging Agreement

Severance Pay. Employees discharged, laid off or displaced from their regular regu- lar job because of mechanization, technological change or automation shall be entitled to severance pay of seven (7) days’ pay for each year of service with the Company. The amount calculated under such entitlement shall not exceed a maximum of thirty (30) weeks’ pay. This Section shall not apply to employees covered by Section 2 (b4(b) above.

Appears in 1 contract

Samples: Collective Agreement

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