{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "the-provisions-of-article", "type": "clause", "offset": [16, 41]}, {"key": "this-agreement", "type": "clause", "offset": [64, 78]}, {"key": "period-of-continuous-employment", "type": "clause", "offset": [90, 121]}, {"key": "in-respect-of", "type": "definition", "offset": [122, 135]}, {"key": "severance-benefit", "type": "definition", "offset": [142, 159]}, {"key": "time-employment", "type": "clause", "offset": [205, 220]}, {"key": "the-benefit", "type": "definition", "offset": [264, 275]}, {"key": "be-calculated-as-follows", "type": "clause", "offset": [282, 306]}, {"key": "eligible-for-severance", "type": "clause", "offset": [344, 366]}, {"key": "time-period", "type": "clause", "offset": [486, 497]}, {"key": "pay-rate", "type": "definition", "offset": [551, 559]}, {"key": "severance-pay-benefit", "type": "definition", "offset": [611, 632]}], "samples": [{"hash": "aJoMJPfjBi2", "uri": "/contracts/aJoMJPfjBi2#severance-pay", "label": "Collective Agreement", "score": 32.1328735352, "published": true}, {"hash": "68EJfUlPzNU", "uri": "/contracts/68EJfUlPzNU#severance-pay", "label": "Collective Agreement", "score": 32.0288543701, "published": true}, {"hash": "l7jBh3HbWXo", "uri": "/contracts/l7jBh3HbWXo#severance-pay", "label": "Collective Agreement", "score": 32.0151672363, "published": true}], "snippet": "Notwithstanding the provisions of Article 62 (Severance Pay) of this Agreement, where the period of continuous employment in respect of which severance benefit is to be paid consists of both full and part-time employment or varying levels of part-time employment, the benefit shall be calculated as follows: the period of continuous employment eligible for severance pay shall be established and the part-time portions shall be consolidated to equivalent full-time. The equivalent full-time period in years shall be multiplied by the full-time weekly pay rate for the appropriate group and level to produce the severance pay benefit.", "size": 129, "hash": "4da2eca5b3b064eefe0d2c8d145d9a83", "id": 1}, {"snippet_links": [{"key": "subject-to-clause", "type": "clause", "offset": [44, 61]}, {"key": "an-employee", "type": "clause", "offset": [69, 80]}, {"key": "severance-benefits", "type": "definition", "offset": [95, 113]}, {"key": "basis-of", "type": "clause", "offset": [132, 140]}, {"key": "weekly-rate-of-pay", "type": "clause", "offset": [145, 163]}], "samples": [{"hash": "kMMfVh5xBWG", "uri": "/contracts/kMMfVh5xBWG#severance-pay", "label": "Collective Agreement", "score": 30.3125247955, "published": true}, {"hash": "8yqx0GTZu7x", "uri": "/contracts/8yqx0GTZu7x#severance-pay", "label": "Collective Agreement", "score": 27.1095142365, "published": true}, {"hash": "bCiKH4e5SUH", "uri": "/contracts/bCiKH4e5SUH#severance-pay", "label": "Collective Agreement", "score": 23.9582481384, "published": true}], "snippet": "19.01 Under the following circumstances and subject to clause 19.02, an employee shall receive severance benefits calculated on the basis of his weekly rate of pay:", "size": 120, "hash": "c8ce355b654ba40281e84a3ff7172a7f", "id": 2}, {"snippet_links": [{"key": "lesser-of", "type": "definition", "offset": [11, 20]}, {"key": "notice-of-layoff", "type": "definition", "offset": [55, 71]}, {"key": "notice-provided", "type": "clause", "offset": [79, 94]}, {"key": "an-employee", "type": "clause", "offset": [102, 113]}, {"key": "service-with-the-employer", "type": "definition", "offset": [149, 174]}, {"key": "a-permanent", "type": "clause", "offset": [213, 224]}, {"key": "right-to-notice", "type": "clause", "offset": [273, 288]}, {"key": "employees-will", "type": "clause", "offset": [295, 309]}, {"key": "the-balance", "type": "clause", "offset": [318, 329]}], "samples": [{"hash": "68fVxVC2G08", "uri": "/contracts/68fVxVC2G08#severance-pay", "label": "Collective Agreement", "score": 22.6577682495, "published": true}, {"hash": "8LlX0EZVWtI", "uri": "/contracts/8LlX0EZVWtI#severance-pay", "label": "Collective Agreement", "score": 20.6577682495, "published": true}, {"hash": "czs6oxzO2gF", "uri": "/contracts/czs6oxzO2gF#severance-pay", "label": "Collective Agreement", "score": 19.9746742249, "published": true}], "snippet": "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\u2019 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.", "size": 46, "hash": "6f49e9baaa426034a910d2ff20e1b1a9", "id": 6}, {"snippet_links": [{"key": "the-period-of-notice", "type": "clause", "offset": [21, 41]}, {"key": "ordinary-termination", "type": "definition", "offset": [57, 77]}, {"key": "clause-7", "type": "clause", "offset": [81, 89]}, {"key": "termination-of-employment", "type": "clause", "offset": [92, 117]}, {"key": "an-employee", "type": "clause", "offset": [119, 130]}, {"key": "employment-is-terminated", "type": "clause", "offset": [137, 161]}, {"key": "subject-to", "type": "clause", "offset": [200, 210]}, {"key": "order-of", "type": "clause", "offset": [219, 227]}, {"key": "court-with-jurisdiction", "type": "clause", "offset": [230, 253]}, {"key": "amount-of-severance-pay", "type": "clause", "offset": [269, 292]}, {"key": "in-respect-of", "type": "definition", "offset": [293, 306]}, {"key": "continuous-period-of-service", "type": "definition", "offset": [309, 337]}, {"key": "years-and-over", "type": "clause", "offset": [490, 504]}], "samples": [{"hash": "jpNQEYezqpv", "uri": "/contracts/jpNQEYezqpv#severance-pay", "label": "Employer Greenfields Agreement", "score": 19.0, "published": true}, {"hash": "jZA3RDUMch", "uri": "/contracts/jZA3RDUMch#severance-pay", "label": "Employer Greenfields Agreement", "score": 19.0, "published": true}, {"hash": "jLcOHOzE4ru", "uri": "/contracts/jLcOHOzE4ru#severance-pay", "label": "Employer Greenfields Agreement", "score": 19.0, "published": true}], "snippet": "\u200c\n(1) In addition to the period of notice prescribed for ordinary termination in clause 7 \u2013 Termination of employment, an employee whose employment is terminated by reason of redundancy must be paid, subject to further order of a Court with jurisdiction, the following amount of severance pay in respect of a continuous period of service: Less than 1 year Nil 1 year but less than 2 years 4 weeks\u2019 pay 2 years but less than 3 years 6 weeks\u2019 pay 3 years but less than 4 years 7 weeks\u2019 pay 4 years and over 8 weeks\u2019 pay", "size": 43, "hash": "334ee38b7cc0f56a74145fc646f26fcd", "id": 7}, {"snippet_links": [{"key": "laid-off", "type": "clause", "offset": [22, 30]}, {"key": "regular-job", "type": "definition", "offset": [55, 66]}, {"key": "technological-change", "type": "clause", "offset": [93, 113]}, {"key": "pay-for", "type": "definition", "offset": [182, 189]}, {"key": "service-with-the-company", "type": "clause", "offset": [203, 227]}, {"key": "covered-by", "type": "definition", "offset": [370, 380]}, {"key": "section-2", "type": "definition", "offset": [381, 390]}], "samples": [{"hash": "HMedmEdHoj", "uri": "/contracts/HMedmEdHoj#severance-pay", "label": "Collective Bargaining Agreement", "score": 34.4087409973, "published": true}, {"hash": "lfaQgrDHedD", "uri": "/contracts/lfaQgrDHedD#severance-pay", "label": "Collective Bargaining Agreement", "score": 34.1328926086, "published": true}, {"hash": "jxGevSp7xIM", "uri": "/contracts/jxGevSp7xIM#severance-pay", "label": "Collective Bargaining Agreement", "score": 34.0471076965, "published": true}], "snippet": "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\u2019 pay for each year of service with the Company. The amount calculated under such entitlement shall not exceed a maximum of thirty (30) weeks\u2019 pay. This Section shall not apply to employees covered by Section 2 (b) above.", "size": 61, "hash": "658cb0d9fea3f100a5111df478b4b6ea", "id": 4}, {"snippet_links": [{"key": "employees-covered", "type": "clause", "offset": [17, 34]}, {"key": "employment-with-the", "type": "clause", "offset": [64, 83]}, {"key": "board-shall", "type": "definition", "offset": [84, 95]}, {"key": "to-convert", "type": "clause", "offset": [108, 118]}, {"key": "unused-sick-leave", "type": "definition", "offset": [125, 142]}, {"key": "at-the-time", "type": "definition", "offset": [143, 154]}, {"key": "employees-shall", "type": "clause", "offset": [193, 208]}, {"key": "active-pay-status", "type": "definition", "offset": [257, 274]}, {"key": "state-teachers-retirement-system", "type": "definition", "offset": [349, 381]}, {"key": "upon-retirement", "type": "clause", "offset": [391, 406]}, {"key": "for-retirement-benefits", "type": "clause", "offset": [433, 456]}, {"key": "employee-will", "type": "clause", "offset": [478, 491]}, {"key": "eligible-for-severance", "type": "clause", "offset": [499, 521]}, {"key": "by-the-board", "type": "clause", "offset": [578, 590]}, {"key": "for-just-cause", "type": "clause", "offset": [591, 605]}, {"key": "for-misconduct", "type": "clause", "offset": [665, 679]}, {"key": "in-lieu-of", "type": "clause", "offset": [691, 701]}, {"key": "total-days", "type": "definition", "offset": [874, 884]}, {"key": "basis-of", "type": "clause", "offset": [943, 951]}, {"key": "day-of", "type": "clause", "offset": [956, 962]}, {"key": "pay-for", "type": "definition", "offset": [973, 980]}, {"key": "maximum-number-of-days", "type": "clause", "offset": [1027, 1049]}, {"key": "this-article", "type": "definition", "offset": [1073, 1085]}, {"key": "payment-for-sick-leave", "type": "clause", "offset": [1121, 1143]}, {"key": "sick-leave-credit", "type": "clause", "offset": [1195, 1212]}, {"key": "to-be-eligible-for", "type": "clause", "offset": [1337, 1355]}, {"key": "the-treasurer", "type": "clause", "offset": [1402, 1415]}, {"key": "calendar-days", "type": "definition", "offset": [1435, 1448]}, {"key": "following-the", "type": "definition", "offset": [1449, 1462]}, {"key": "of-work", "type": "clause", "offset": [1498, 1505]}, {"key": "employees-who", "type": "clause", "offset": [1525, 1538]}, {"key": "years-or-older", "type": "clause", "offset": [1580, 1594]}, {"key": "calendar-year", "type": "clause", "offset": [1606, 1619]}, {"key": "severance-payment", "type": "definition", "offset": [1657, 1674]}, {"key": "special-pay", "type": "clause", "offset": [1729, 1740]}, {"key": "retirement-account", "type": "clause", "offset": [1741, 1759]}, {"key": "adoption-agreement", "type": "clause", "offset": [1764, 1782]}, {"key": "as-amended", "type": "definition", "offset": [1808, 1818]}, {"key": "participating-in", "type": "definition", "offset": [1833, 1849]}, {"key": "the-employer", "type": "definition", "offset": [1850, 1862]}, {"key": "unused-accumulated-sick-leave", "type": "clause", "offset": [1961, 1990]}, {"key": "by-current", "type": "clause", "offset": [2061, 2071]}, {"key": "income-taxes", "type": "definition", "offset": [2098, 2110]}, {"key": "the-plan", "type": "clause", "offset": [2222, 2230]}, {"key": "the-official", "type": "clause", "offset": [2246, 2258]}, {"key": "monies-due", "type": "clause", "offset": [2346, 2356]}, {"key": "all-monies", "type": "definition", "offset": [2456, 2466]}, {"key": "in-the-event-of", "type": "clause", "offset": [2486, 2501]}, {"key": "death-of", "type": "clause", "offset": [2506, 2514]}, {"key": "otherwise-eligible", "type": "definition", "offset": [2548, 2566]}, {"key": "employment-on", "type": "clause", "offset": [2700, 2713]}, {"key": "date-of-death", "type": "definition", "offset": [2749, 2762]}, {"key": "payment-of-the", "type": "clause", "offset": [2764, 2778]}, {"key": "of-record", "type": "definition", "offset": [2856, 2865]}, {"key": "the-district", "type": "clause", "offset": [2872, 2884]}, {"key": "group-life-insurance-plan", "type": "definition", "offset": [2887, 2912]}, {"key": "the-qualified", "type": "clause", "offset": [2993, 3006]}, {"key": "executor-or-administrator", "type": "definition", "offset": [3017, 3042]}, {"key": "if-applicable", "type": "definition", "offset": [3083, 3096]}], "samples": [{"hash": "34PwCksKG8U", "uri": "/contracts/34PwCksKG8U#severance-pay", "label": "Collective Bargaining Agreement", "score": 28.659154892, "published": true}, {"hash": "4PiUnuS9c6H", "uri": "/contracts/4PiUnuS9c6H#severance-pay", "label": "Negotiated Agreement", "score": 24.861738205, "published": true}, {"hash": "fjyXlpTdz2Y", "uri": "/contracts/fjyXlpTdz2Y#severance-pay", "label": "Collective Bargaining Agreement", "score": 24.8302536011, "published": true}], "snippet": "A. Instructional Employees covered hereunder who separate their employment with the Board shall be eligible to convert their unused sick leave at the time of separation. Eligible Instructional Employees shall be those who:\n1. Have ten (10) or more years in active pay status, or\n2. Have attained the age of fifty-five (55), or\n3. Retire through the State Teachers Retirement System and who, upon retirement, are immediately eligible for retirement benefits.\nB. An Instructional Employee will not be eligible for severance pay should the Instructional Employee:\n1. Be terminated by the Board for just cause;\n2. Resign during the course of investigation by the Board for misconduct;\n3. Resign in lieu of the Board terminating the Instructional Employee\u2019s contract.\nC. All sick leave accumulated by the Instructional Employee up to a maximum of two hundred and fifty-two (252) total days may be converted to severance pay and paid as such on the basis of one day of severance pay for each three (3) days of unused sick leave. The maximum number of days as severance pay under this Article shall be eighty-four (84) days.\nD. Payment for sick leave on this basis shall be considered to eliminate all sick leave credit accrued by the Instructional Employee at that time. Payment shall be made only once to any Instructional Employee. In order to be eligible for severance pay, an application must be made to the Treasurer within ninety (90) calendar days following the Instructional Employee's last date of work. All Instructional Employees who have attained the age of fifty-five (55) years or older during the calendar year of retirement and are eligible for a severance payment will be paid into the Board sponsored Employer 403(b) Special Pay Retirement Account per adoption agreement dated March 10, 2011 and as amended hereafter. By participating in the Employer 403(b) Special Pay Retirement Account, an Instructional Employee will receive payment for his/her unused accumulated sick leave up to the maximum IRS 415 limit for the section 403(b) plan unreduced by current federal, state, and local income taxes. These monies will be paid into the Employer 403(b) Special Pay Retirement Account as elected and permitted by the plan beginning with the official year of retirement as set by the Ohio State Teachers Retirement System. Any additional monies due to the Instructional Employee will be paid out up to the maximum IRS 415 limits each January until all monies have been paid.\nE. In the event of the death of an Instructional Employee who is otherwise eligible for severance pay, such Instructional Employee shall be deemed to have made application for severance pay, and/or to have terminated employment on the date immediately preceding the date of death. Payment of the severance pay shall be made to the Instructional Employee's beneficiary(ies) of record under the District's group life insurance plan, otherwise to the Instructional Employee's estate. Payment shall be released to the qualified appointed Executor or Administrator of the Instructional Employee\u2019s estate, if applicable.", "size": 66, "hash": "1896a9af1bf97896577b1fe566e03c27", "id": 3}, {"snippet_links": [{"key": "employees-who", "type": "clause", "offset": [0, 13]}, {"key": "layoff-or-reduction-in-force", "type": "clause", "offset": [41, 69]}, {"key": "in-accordance-with", "type": "definition", "offset": [105, 123]}, {"key": "employee-and-labor-relations", "type": "clause", "offset": [140, 168]}], "samples": [{"hash": "wfHeA0MF7t", "uri": "/contracts/wfHeA0MF7t#severance-pay", "label": "National Agreement", "score": 34.19323349, "published": true}, {"hash": "cgs6PS3RPoM", "uri": "/contracts/cgs6PS3RPoM#severance-pay", "label": "National Agreement", "score": 31.5808849335, "published": true}, {"hash": "knQnzI0XTPQ", "uri": "/contracts/knQnzI0XTPQ#severance-pay", "label": "National Agreement", "score": 30.6256008148, "published": true}], "snippet": "Employees who are separated because of a layoff or reduction in force shall be entitled to severance pay in accordance with Part 435 of the Employee and Labor Relations Manual.", "size": 53, "hash": "e5bcc017c72798a4482e82b79a4e925b", "id": 5}, {"snippet_links": [{"key": "employment-is-terminated", "type": "clause", "offset": [21, 45]}, {"key": "pursuant-to-section", "type": "definition", "offset": [46, 65]}, {"key": "the-provisions-of", "type": "clause", "offset": [147, 164]}, {"key": "paragraph-4", "type": "definition", "offset": [165, 176]}, {"key": "exhibit-b", "type": "definition", "offset": [185, 194]}, {"key": "from-the-company", "type": "clause", "offset": [218, 234]}, {"key": "lump-sum-cash-payment", "type": "definition", "offset": [260, 281]}, {"key": "following-the", "type": "definition", "offset": [303, 316]}, {"key": "expiration-of-the", "type": "clause", "offset": [317, 334]}, {"key": "revocation-period", "type": "definition", "offset": [335, 352]}, {"key": "exhibit-d", "type": "definition", "offset": [369, 378]}, {"key": "to-the-executive", "type": "clause", "offset": [385, 401]}, {"key": "base-pay", "type": "clause", "offset": [417, 425]}, {"key": "pro-rata-portion", "type": "definition", "offset": [433, 449]}, {"key": "annual-bonus", "type": "clause", "offset": [457, 469]}, {"key": "cash-incentive-compensation", "type": "definition", "offset": [483, 510]}, {"key": "to-receive", "type": "definition", "offset": [560, 570]}, {"key": "in-respect-of", "type": "definition", "offset": [571, 584]}, {"key": "the-percentage", "type": "definition", "offset": [606, 620]}, {"key": "fiscal-year", "type": "definition", "offset": [628, 639]}, {"key": "termination-of-employment", "type": "clause", "offset": [696, 721]}, {"key": "days-after", "type": "definition", "offset": [1005, 1015]}, {"key": "the-chairman", "type": "clause", "offset": [1058, 1070]}, {"key": "the-chief-executive-officer", "type": "clause", "offset": [1086, 1113]}, {"key": "operations-group", "type": "definition", "offset": [1133, 1149]}, {"key": "for-members", "type": "clause", "offset": [1161, 1172]}, {"key": "management-group", "type": "definition", "offset": [1180, 1196]}, {"key": "committee-action", "type": "definition", "offset": [1229, 1245]}, {"key": "of-the-executive", "type": "clause", "offset": [1286, 1302]}, {"key": "the-year", "type": "definition", "offset": [1374, 1382]}, {"key": "prior-to-the", "type": "clause", "offset": [1383, 1395]}, {"key": "actuarial-equivalent", "type": "definition", "offset": [1603, 1623]}, {"key": "the-excess", "type": "clause", "offset": [1627, 1637]}, {"key": "retirement-pension", "type": "clause", "offset": [1649, 1667]}, {"key": "terms-of-the", "type": "clause", "offset": [1878, 1890]}, {"key": "retirement-plans", "type": "definition", "offset": [1891, 1907]}, {"key": "amendment-to", "type": "definition", "offset": [1961, 1973]}, {"key": "benefit-program", "type": "definition", "offset": [2013, 2028]}, {"key": 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"definition", "offset": [3139, 3152]}, {"key": "methods-and-assumptions", "type": "clause", "offset": [3163, 3186]}, {"key": "from-time-to-time", "type": "clause", "offset": [3199, 3216]}, {"key": "to-determine", "type": "definition", "offset": [3217, 3229]}, {"key": "actuarial-equivalence", "type": "definition", "offset": [3231, 3252]}, {"key": "for-lump-sum", "type": "clause", "offset": [3254, 3266]}, {"key": "the-applicable", "type": "clause", "offset": [3282, 3296]}, {"key": "other-executives", "type": "definition", "offset": [3429, 3445]}, {"key": "the-company-shall", "type": "clause", "offset": [3482, 3499]}, {"key": "to-provide", "type": "clause", "offset": [3508, 3518]}, {"key": "life-and-health-insurance-benefits", "type": "clause", "offset": [3534, 3568]}, {"key": "similar-to", "type": "definition", "offset": [3583, 3593]}, {"key": "eligible-dependents", "type": "definition", "offset": [3635, 3654]}, {"key": "benefit-elections", "type": "clause", "offset": [3711, 3728]}, 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"published": true}], "snippet": "Each Executive whose employment is terminated pursuant to Section 4(b) or who terminates his employment pursuant to Section 4(c) shall, subject to the provisions of paragraph 4 of this Exhibit B, receive Severance Pay from the Company as follows:\n(a) a single lump sum cash payment within five (5) days following the expiration of the revocation period provided for in Exhibit D equal to the Executive\u2019s then current Base Pay;\n(b) a pro rata portion of any annual bonus or long-term cash incentive compensation, if any, that Executive would have been entitled to receive in respect of such year based upon the percentage of the fiscal year that shall have elapsed through the date of Executive\u2019s termination of employment, payable when such annual bonus or long-term cash incentive would have otherwise been payable had Executive\u2019s employment not terminated;\n(c) a single lump sum cash payment within five (5) days following the expiration of such revocation period, or if later, within ten (10) business days after such termination, equal to three (3) (for the Chairman), two (2) (for the Chief Executive Officer and members of the Operations Group), one (1) (for members of the Management Group) or the multiple set forth in a Committee Action (for any other Executive) times the sum of the Executive\u2019s (i) Base Pay plus (ii) target annual incentive cash compensation for the year prior to the Change of Control;\n(d) a single lump sum cash payment within five (5) days following the expiration of such revocation period, or if later, within ten (10) business days after such termination, equal to the actuarial equivalent of the excess of (1) the retirement pension (determined as a straight line annuity commencing at age sixty-five (65) or the first of the month following the Executive\u2019s termination of employment, whichever is later) which he would have accrued under the terms of the Retirement Plans in which he was participating (without regard to any amendment to such Retirement Plans or other pension benefit program described herein after the date of the Change of Control), determined as if the Executive were fully vested thereunder and had accumulated (after the date of termination) thirty-six (36) additional months (for the Chairman), twenty-four (24) additional months (for the Chief Executive Officer and members of the Operations Group), twelve (12) additional months (for members of the Management Group)(or, if greater, the number of months remaining in the Severance Period) of service credit thereunder at his highest rate of annual pensionable compensation (as determined pursuant to the terms of the Retirement Plans) during any calendar year for the five (5) years immediately preceding the date of termination, over (2) the retirement pension (determined as a straight life annuity commencing at age sixty-five (65) or the first of the month following the Executive\u2019s termination of employment, whichever is later) which Executive had then accrued pursuant to the provisions of such Retirement Plans. For purposes of this paragraph, \u201cactuarial equivalent\u201d shall be determined using all of the same mortality, interest rate and other methods and assumptions as are used from time to time to determine \u201cactuarial equivalence\u201d for lump sum benefits under the applicable Retirement Plan;\n(e) for thirty-six (36) months (for the Chairman) and twenty-four (24) months (for the Chief Executive Officer and other Executives) following his date of termination, the Company shall arrange to provide Executive with life and health insurance benefits substantially similar to those to which Executive and Executive\u2019s eligible dependents were entitled immediately prior to his termination. Any benefit elections pertaining to Executive during such period shall be consistent with the elections in effect for Executive immediately prior to his termination. If and to the extent that any benefit described in this paragraph (e) is not or cannot be paid or provided under any policy, plan, program or arrangement of the Company, then the Company will itself pay or provide for the payment to Executive and Executive\u2019s covered dependents, of such benefits along with, in the case of any benefits described in this paragraph (e) that is subject to tax because it is not or cannot be paid or provided under any such policy, plan, program or arrangement of the Company or any affiliated employer, an additional amount (the \u201cTax Payment\u201d) such that after payment by Executive or Executive\u2019s dependents or beneficiaries, as the case may be, of all taxes so imposed, the recipient retains an amount equal to such taxes; provided, however, that (i) such benefit must have been non-taxable to Executive during his employment or (ii) such benefit must have been taxable to Executive during his active employment but Executive must have been reimbursed for all taxes so imposed. The Tax Payment shall be paid in the first calendar quarter following the calendar year to which it pertains. Notwithstanding the foregoing, or any other provision of the Company\u2019s health insurance plan, for purposes of determining the period of continuation coverage to which Executive or any of his dependents is entitled pursuant to Section 4980B of the Code under the Company\u2019s medical, dental and other group health plans, or successor plans, Executive\u2019s \u201cqualifying event\u201d will be the termination of the 36-month or 24-month period, as applicable, described herein. Benefits otherwise receivable by Executive or his eligible dependents pursuant to this paragraph (e) shall be reduced to the extent comparable benefits are actually received by Executive and his eligible dependents during the remainder of such period following Executive\u2019s termination, and any such benefits actually received by Executive and his eligible dependents shall be reported to the Company;\n(f) following the end of the period specified in paragraph (e), the Company shall arrange to provide medical and life insurance coverages to Executive and his spouse for their lifetimes, and Executive\u2019s dependent children until they cease to be eligible as \u201cdependents\u201d under the terms of the Company\u2019s plans as in effect at the time of the Change of Control (e.g., as a result of reaching age 19) substantially equivalent (taking into account Medicare benefits to which they may become entitled) to those provided to Executive, his spouse and dependents under the Company\u2019s employee plans based on Executive\u2019s elections in effect immediately preceding the Change of Control, and at a cost to Executive, his spouse and dependent children not greater that the costs pertaining to them as in effect immediately prior to the Change of Control. Benefits otherwise receivable by Executive or his eligible dependents pursuant to this paragraph (f) shall be reduced to the extent comparable benefits are actually received by Executive and his eligible dependents during the remainder of such period following Executive\u2019s termination, and any such benefits actually received by Executive or his eligible dependents shall be reported to the Company; and\n(g) outplacement services by a firm selected by the Executive so long as such services are commenced within twelve (12) months following termination and are completed prior to the end of the second calendar year following the year in which the Executive\u2019s termination of employment occurs, at the expense of the Company in a reasonable amount not to exceed the lesser of 15% of the Executive\u2019s Base Pay or $50,000, payable within thirty (30) days after receipt of an invoice from the outplacement firm.", "size": 43, "hash": "d75aa9556ed55ba268f042ade1b98dbd", "id": 8}, {"snippet_links": [{"key": "subject-to-clause", "type": "clause", "offset": [44, 61]}, {"key": "an-employee", "type": "clause", "offset": [69, 80]}, {"key": "severance-benefits", "type": "definition", "offset": [95, 113]}, {"key": "basis-of", "type": "clause", "offset": [132, 140]}, {"key": "pay-to", "type": "definition", "offset": [160, 166]}, {"key": "certificate-of", "type": "definition", "offset": [243, 257]}, {"key": "date-of", "type": "clause", "offset": [277, 284]}, {"key": "termination-of-employment", "type": "clause", "offset": [296, 321]}], "samples": [{"hash": "aofhxAC5isA", "uri": "/contracts/aofhxAC5isA#severance-pay", "label": "Collective Agreement", "score": 21.0, "published": true}, {"hash": "aAi69F1fgEU", "uri": "/contracts/aAi69F1fgEU#severance-pay", "label": "Collective Agreement", "score": 21.0, "published": true}, {"hash": "3oqgDw0kIsm", "uri": "/contracts/3oqgDw0kIsm#severance-pay", "label": "Collective Agreement", "score": 21.0, "published": true}], "snippet": "63.01 Under the following circumstances and subject to clause 63.02, an employee shall receive severance benefits calculated on the basis of the weekly rate of pay to which he or she is entitled for the classification prescribed in his or her certificate of appointment on the date of his or her termination of employment.", "size": 41, "hash": "818a1a2bdb03e271ebfd61714bf45648", "id": 9}, {"snippet_links": [{"key": "subject-to-clause", "type": "clause", "offset": [38, 55]}, {"key": "an-employee", "type": "clause", "offset": [64, 75]}, {"key": "severance-benefits", "type": "definition", "offset": [90, 108]}, {"key": "basis-of", "type": "clause", "offset": [127, 135]}, {"key": "weekly-rate-of-pay", "type": "clause", "offset": [147, 165]}], "samples": [{"hash": "aVAl0xKbwb7", "uri": "/contracts/aVAl0xKbwb7#severance-pay", "label": "Collective Agreement", "score": 19.0, "published": true}, {"hash": "5QdjywKhWNf", "uri": "/contracts/5QdjywKhWNf#severance-pay", "label": "Collective Agreement", "score": 19.0, "published": true}], "snippet": "Under the following circumstances and subject to clause B26.02, an employee shall receive severance benefits calculated on the basis of his or her weekly rate of pay:", "size": 39, "hash": "c7b8aeedfcddbb33f24f0207dd98fe21", "id": 10}], "next_curs": "ClYSUGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjILEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhZzZXZlcmFuY2UtcGF5IzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"children": [["", ""], ["retirement", "Retirement"], ["lay-off", "Lay-Off"], ["death", "Death"], ["eligibility", "Eligibility"]], "parents": [["redundancy", "Redundancy"], ["termination", "Termination"], ["termination-benefits", "Termination Benefits"], ["severance-benefits", "Severance Benefits"], ["termination-of-employment", "Termination of Employment"]], "title": "Severance Pay", "size": 12639, "id": "severance-pay", "related": [["severance-payments", "Severance Payments", "Severance Payments"], ["severance-payment", "Severance Payment", "Severance Payment"], ["severance-benefit", "Severance Benefit", "Severance Benefit"], ["severance-benefits", "Severance Benefits", "Severance Benefits"], ["severance-pay-and-benefits", "Severance Pay and Benefits", "<strong>Severance Pay</strong> and Benefits"]], "related_snippets": [], "updated": "2026-08-13T06:01:00+00:00"}, "json": true, "cursor": ""}}