Severance Payment for Term Employees Whose Positions are Funded Sample Clauses

Severance Payment for Term Employees Whose Positions are Funded by Sources other than the University’s Base Operating Budget: In circumstances where the University determines that Food Services term positions that are funded by sources other than the University’s base operating budget will no longer be required, upon separation the term employee shall be entitled to receive severance pay based on their continuing service credits as follows:
Sample 1
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Severance Payment for Term Employees Whose Positions are Funded. Sources other than the University’s Base In circumstances where the University determines that term positions funded by sources other than the University’s base operating budget will no longer be required, upon separation the term employee shall be entitled to receive severance pay based on their continuing service credits as follows: to years of continuous service fifty percent (50%) of the severance payment as per Article to years of continuous service seventy five percent (75%) of the severance payment as per Article plus years of continuous service ninety percent (90%) of the severance payment as per Article
Sample 1

Related to Severance Payment for Term Employees Whose Positions are Funded

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