Common use of Severance Termination Clause in Contracts

Severance Termination. (a) Continuous status employees on the date of signature of the collective agreement shall be entitled to a severance payment equal to one (1) week's pay for each complete year of continuous employment and, in the case of a partial year of continuous employment, one (1) week's pay multiplied by the number of days of continuous employment divided by three hundred and sixty-five (365), to a maximum of thirty (30) weeks. (b) Temporary employees on the date of signature of the collective agreement shall be entitled to a severance payment equal to one (1) week's pay for each complete year of continuous employment, to a maximum of thirty (30) weeks.

Appears in 9 contracts

Sources: Collective Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

Severance Termination. (a) Continuous status Subject to 19.02 above, indeterminate employees on the date of signature of the collective agreement signing this Collective Agreement, shall be entitled to a severance payment equal to one (1) week's weeks’ pay for each complete year of continuous employment and, in the case of a partial year of continuous employment, one (1) week's weeks’ pay multiplied by the number of days of continuous employment divided by three hundred and sixty-five (365), to a maximum of thirty (30) weeks. (b) Temporary Subject to 19.02 above, determinate employees on the date of signature of the collective agreement signing this Collective Agreement shall be entitled to a severance payment equal to one (1) week's weeks’ pay for each complete year of continuous employment, to a maximum of thirty (30) weeks.. **

Appears in 3 contracts

Sources: Collective Agreement, Collective Agreement, Collective Agreement

Severance Termination. (a) Continuous status employees Subject to 45.02 above, indeterminate employees, on the day following the official date of signature signing of the collective agreement agreement, shall be entitled to a severance payment equal to one (1) week's ’s pay for each complete year of continuous employment and, in the case of a partial year of continuous employment, one (1) week's ’s pay multiplied by the number of days of continuous employment divided devided by three hundred and sixty-five (365), to a maximum of thirty (30) weeks. (b) Temporary employees on the date of signature of the collective agreement shall be entitled to a severance payment equal to one (1) week's pay for each complete year of continuous employment, to a maximum of thirty (30) weeks.

Appears in 2 contracts

Sources: Collective Agreement, Collective Agreement

Severance Termination. (a) Continuous status employees on at the date of signature of the collective agreement shall be entitled to a severance payment equal to one (1) week's ’s pay for each complete year of continuous employment and, in the case of a partial year of continuous employment, one (1) week's ’s pay multiplied by the number of days of continuous employment divided by three hundred and sixty-five (365), to a maximum of thirty (30) weeks. (b) Temporary employees on at the date of signature of the collective agreement shall be entitled to a severance payment equal to one (1) week's ’s pay for each complete year of continuous employment, to a maximum of thirty (30) weeks.

Appears in 1 contract

Sources: Collective Agreement

Severance Termination. (a) Continuous status employees on at the date of signature of the collective agreement shall be entitled to a severance payment equal to one (1) week's ’s pay for each complete year of continuous employment and, in the case of a partial year of continuous employment, one (1) week's ’s pay multiplied by the number of days of continuous employment divided by three hundred and sixty-five (365), to a maximum of thirty (30) weeks. (b) Temporary employees on the date of signature of the collective agreement shall be entitled to a severance payment equal to one (1) week's pay for each complete year of continuous employment, to a maximum of thirty (30) weeks.

Appears in 1 contract

Sources: Collective Bargaining Agreement

Severance Termination. (a) Continuous status Subject to clause 19.02, indeterminate employees on the date of signature of the signing this collective agreement shall be entitled to a severance payment equal to two (2) weeks’ pay for the first complete year of continuous employment plus one (1) week's pay for each complete year of continuous employment and, in the case of a partial year of continuous employment, one (1) week's pay multiplied by the number of days of continuous employment divided by three hundred and sixty-five (365)thereafter, to a maximum of thirty (30) weeks. (b) Temporary Subject to clause 19.02, term employees on the date of signature of the signing this collective agreement shall be entitled to a severance payment equal to two (2) weeks’ pay for the first complete year of continuous employment plus one (1) week's pay for each complete year of continuous employmentemployment thereafter, to a maximum of thirty (30) weeks.

Appears in 1 contract

Sources: Collective Agreement

Severance Termination. (a) Continuous status employees on at the date of signature of the collective agreement shall be entitled to a severance payment equal to one (1) week's pay for each complete year of continuous employment and, in the case of a partial year of continuous employment, one (1) week's pay multiplied by the number of days of continuous employment divided by three hundred and sixty-five (365), to a maximum of thirty (30) weeks. (b) Temporary employees on at the date of signature of the collective agreement shall be entitled to a severance payment equal to one (1) week's pay for each complete year of continuous employment, to a maximum of thirty (30) weeks.

Appears in 1 contract

Sources: Collective Bargaining Agreement