Common use of Severance Pay Clause in Contracts

Severance Pay. Within the lesser of thirty (30) days from the date of notice of layoff or the notice provided above, an employee with more than twelve (12) months’ service with The Employer, who has received notice of layoff of a permanent or long-term nature, may resign, forfeiting the right to notice. Such employees will receive the balance of notice as severance pay.

Appears in 5 contracts

Samples: Collective Agreement, Plainfield Employees, Plainfield Employees

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Severance Pay. Within the lesser of thirty (30) days from the date of notice of layoff or the notice provided above, above an employee with more than twelve (12) months’ months service with The Employer, the Hospital who has received notice of layoff of a permanent or long-term nature, nature may resign, forfeiting the right to notice. Such employees employee will receive the balance of the notice as severance pay.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

Severance Pay. Within the lesser of thirty twenty (3020) days from the date of receipt of notice of layoff or the notice provided abovelayoff, an a regular employee will be entitled to elect resignation with more than twelve (12) months’ severance pay based upon years of service with The Employer, who has received notice of layoff of a permanent or long-term nature, may resign, forfeiting the right to notice. Such employees will receive the balance of notice as severance pay.follows:

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

Severance Pay. Within the lesser of thirty (30) days from the date of notice of layoff or the notice provided above, an employee with more than twelve (12) months’ service with The the Employer, who has received notice of layoff of a permanent or long-term nature, may resign, forfeiting the right to notice. Such employees will receive the balance of notice as severance pay.

Appears in 3 contracts

Samples: Collective Agreement, Service Employees, Collective Agreement

Severance Pay. Within the lesser of thirty (30) days from the date of notice of layoff or the notice provided above, above an employee with more than twelve (12) months’ months service with The Employer, the Home who has received notice of layoff of a permanent or long-long term nature, nature may resign, forfeiting the right to notice. Such employees employee will receive the balance of the notice as severance pay.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Severance Pay. Within the lesser of thirty (30) days from the date of notice of layoff or the notice provided above, an employee with more than twelve (12) months’ months service with The Employer, the Corporation who has received notice of layoff of a permanent or long-term nature, nature may resign, forfeiting the right to notice. Such employees will receive the balance of the notice as severance pay.. For the purpose of 14.15 (a) severance pay is to be calculated on the basis of two (2) weeks per year of service to a maximum of twelve (12) weeks. Thus the balance of the notice referred to above will be the balance of up to twelve

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Severance Pay. Within the lesser of thirty (30) days from the date of notice of layoff lay-off or the notice provided above, above an employee with more than twelve (12) months' service with The Employer, the Hospital who has received notice of layoff lay-off of a permanent or long-term nature, may nature resign, forfeiting the right to notice. Such employees will receive the balance of the notice as severance pay.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Severance Pay. Within the lesser of thirty (30) days from the date of notice of layoff layoff, or the notice provided in 12.04(a) above, an employee with more than twelve (12) months’ months service with The Employer, who has received notice of layoff of a permanent or long-term nature, nature may resign, forfeiting the right to notice. Such employees employee will receive the balance of their entitlement to notice [under 12.04(a)] as severance pay.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Severance Pay. Within the lesser of thirty (30) days from the date of notice of layoff or the notice provided aboveabove paragraph (A) 1. (a), an employee with more than twelve (12) months’ months service with The Employer, the Hospital who has received a notice of layoff of a permanent or long-term nature, nature may resign, forfeiting the right to notice. Such employees will receive the balance of the notice as severance pay. Once an employee opts to receive the severance payment, she shall be deemed to have resigned and her recall rights shall be extinguished.

Appears in 2 contracts

Samples: Hospital and E And, Hospital and E And

Severance Pay. Within the lesser of thirty (30) days from the date of notice of layoff or the notice provided above, above an employee with more than twelve (12) months’ months service with The Employer, the Home who has received notice of layoff of a permanent or long-long term nature, nature may resign, forfeiting the right to notice. Such employees employee will receive the balance of the notice as severance pay.

Appears in 1 contract

Samples: Collective Agreement

Severance Pay. Within the lesser of thirty (30) days from the date of notice of layoff or the notice provided above, an employee with more than twelve (12) months’ months service with The Employer, the Corporation who has received notice of layoff of a permanent or long-term nature, nature may resign, forfeiting the right to notice. Such employees will receive the balance of the notice as severance pay. For the purpose of 14.14 (a) severance pay is to be calculated on the basis of two (2) weeks per year of service to a maximum of twelve (12) weeks. Thus the balance of the notice referred to above will be the balance of up to twelve (12) weeks as applicable.

Appears in 1 contract

Samples: Collective Agreement

Severance Pay. Within the lesser of thirty (30) days from the date of notice of layoff lay-off or the notice provided above, above an employee with more than twelve (12) months' service with The Employer, the Hospital who has received notice of layoff lay-off of a permanent or long-term nature, nature may resign, forfeiting the right to notice. Such employees will receive the balance of the notice as severance pay.

Appears in 1 contract

Samples: Collective Agreement

Severance Pay. Within the lesser of thirty (30) days from the date of notice of layoff or the notice provided above, an employee with more than twelve (12) months’ months service with The the Employer, who has received notice of layoff of a permanent or long-term nature, nature may resign, forfeiting the right to notice. Such employees will receive the balance of the notice as severance pay.

Appears in 1 contract

Samples: Collective Agreement

Severance Pay. Within the lesser of thirty (30) days from the date of notice of layoff or the notice provided above, an employee with more than twelve (12) months’ months of service with The the Employer, who has received notice of layoff of a permanent or long-long- term nature, nature may resign, forfeiting the right to notice. Such employees will receive the balance of the notice as severance pay.

Appears in 1 contract

Samples: Collective Agreement

Severance Pay. Within the lesser of thirty (30) days from the date of notice of layoff lay off or the notice provided above, above an employee with more than twelve (12) months' service with The Employer, the Hospital who has received notice of layoff lay-off of a permanent or long-term nature, nature may resign, forfeiting the right to notice. Such employees will receive the balance of 'the notice as severance Severance pay.

Appears in 1 contract

Samples: Collective Agreement

Severance Pay. Within the lesser of thirty (30) days from the date of notice of layoff lay-off or the notice provided above, above an employee em- ployee with more than twelve (12) months’ service with The Employer, the Hospital who has received notice of layoff lay-off of a permanent or long-term nature, nature may resign, forfeiting the right to notice. , Such employees will receive the balance of the notice as severance pay.

Appears in 1 contract

Samples: Collective Agreement

Severance Pay. Within the lesser of thirty (30) days from the date of notice of layoff or the notice provided above, an employee with more than twelve (12) months’ months service with The Employer, the Employer who has received notice of layoff of a permanent or long-term nature, nature may resign, forfeiting the right to notice. Such employees will receive the balance of the notice as severance pay.

Appears in 1 contract

Samples: Collective Agreement

Severance Pay. Within With the lesser of thirty (30) days from the date of notice of layoff or the notice provided above, above an employee with more than twelve (12) months’ months service with The Employer, the Hospital who has received notice of layoff of a permanent or long-term nature, nature may resign, forfeiting the right to notice. Such employees will receive the balance of the notice as severance pay.

Appears in 1 contract

Samples: Service Collective Agreement

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Severance Pay. Within the lesser of thirty (30) days from the date of notice of layoff or the notice provided above, above an employee with more than twelve (12) months’ months service with The Employer, the Employer who has received notice of layoff of a permanent or long-term nature, nature may resign, forfeiting the right to notice. Such employees will receive the balance of the notice as severance pay.

Appears in 1 contract

Samples: Collective Agreement

Severance Pay. Within the lesser of thirty (30) days from the date of notice of layoff or the notice provided above, an employee with more than twelve (12) months’ months service with The Employer, the Corporation who has received notice of layoff of a permanent or long-term nature, nature may resign, forfeiting the right to notice. Such employees will receive the balance of the notice as severance pay.. For the purpose of 14.16 (a) severance pay is to be calculated on the basis of two (2) weeks per year of service to a maximum of

Appears in 1 contract

Samples: Collective Agreement

Severance Pay. Within the lesser of thirty (30) days from the date of notice of layoff or the notice provided above, above an employee with more than twelve (12) months’ months service with The Employer, the Hospital who has received notice of layoff of a permanent or long-term nature, nature may resign, forfeiting the right to notice. Such employees will receive the balance of the notice as severance pay.

Appears in 1 contract

Samples: Collective Agreement

Severance Pay. Within the lesser of thirty (30) days from the date of notice of layoff lay-off or the notice provided above, above an employee with more than twelve (12) months’ months service with The Employer, the Hospital who has received notice of layoff lay-off of a permanent or long-term nature, nature may resign, forfeiting the right to notice. Such employees will receive the balance of the notice as severance pay.

Appears in 1 contract

Samples: Collective Agreement

Severance Pay. Within the lesser of thirty (30) days from the date of notice of layoff or the notice provided above, an employee with more than twelve (12) months’ months service with The Employer, the Hospital who has received notice of layoff of a permanent or long-term nature, nature may resign, forfeiting the right to notice. Such employees will receive the balance of the notice as severance pay.

Appears in 1 contract

Samples: Collective Agreement

Severance Pay. Within the lesser of thirty (30) days from the date of notice of layoff or the notice provided above, above an employee with more than twelve (12) months’ months service with The Employer, the Hospital who has received notice of layoff of a permanent or long-term nature, nature may resign, forfeiting the right to notice. Such employees will receive the balance of the notice as severance pay. Note: Notwithstanding Article 13.02, notice for the purposes of severance pay under this article is to be calculated on the basis of 2 weeks per year of service to a maximum of 12 weeks as applicable.

Appears in 1 contract

Samples: Collective Agreement

Severance Pay. Within the lesser of thirty (30) days from the date of notice of layoff to the Union or the notice provided aboveabove to an Employee, an employee with more than twelve (12) months’ service with The Employer, Employee who has received notice of layoff of a permanent or long-term naturenature may accept the layoff and forfeit his or her recall rights. The Employee shall be entitled to payment of any balance of the notice period remaining to her, may resignif any, forfeiting the right to notice. Such employees and will receive the balance of notice as severance pay, if any, in accordance with the Employment Standards Act.

Appears in 1 contract

Samples: Collective Agreement

Severance Pay. Within the lesser of thirty (30) days from the date of notice of layoff or the notice provided above, an employee with more than twelve (12) months’ months service with The Employerthe Hospital, who has received notice of layoff of a permanent or long-term nature, may resign, forfeiting the right to notice. Such employees will receive the balance of the notice as severance pay.

Appears in 1 contract

Samples: Collective Agreement

Severance Pay. Within the lesser of thirty (30) days from the date of notice of layoff or the notice provided above, above an employee with more than twelve (12) months’ months service with The Employer, the Hospital who has received notice of layoff of a permanent or long-term nature, nature may resign, forfeiting the right to notice. Such employees will receive the balance of the notice as severance pay. Note: Notwithstanding article 13.02, notice for the purposes of severance pay under this article is to be calculated on the basis of 2 weeks per year of service to a maximum of 12 weeks as applicable.

Appears in 1 contract

Samples: Collective Agreement

Severance Pay. Within the lesser of thirty (30) days from the date of notice of layoff or the notice provided above, an employee with more than twelve (12) months’ service with The Employer, the Hospital who has received notice of layoff of a permanent or long-term nature, nature may resign, forfeiting the right to notice. Such employees will receive the balance of the notice as severance pay. It is understood and agreed that this provision does not apply to employees who are given notice of layoff and subsequently offered employment with the new employer following transfer of services, amalgamation of services or contracting out of services.

Appears in 1 contract

Samples: Collective Agreement

Severance Pay. Within the lesser of thirty (30) days from the date of notice of layoff or the notice provided above, an employee with more than twelve (12) months’ months service with The Employerthe Hospital, who has received notice of layoff of a permanent or long-term nature, nature may resign, forfeiting the right to notice. Such employees will receive the balance of the notice as severance pay.

Appears in 1 contract

Samples: Supplementary Agreement

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