Common use of Severance Termination Clause in Contracts

Severance Termination. (a) An employee who has completed the probation period outlined in Article 11(a) who is permanently laid off shall be entitled to at least notice of termination or pay in lieu of notice as follows: One (1) week notice if the period of employment is less than one year Two (2) weeks notice if the period of employment is one year but less than three years;

Severance Termination. (a) An employee who has completed the probation period outlined in Article 11(a) who is permanently laid off shall be entitled to at least notice of termination or pay in lieu of notice as follows: One (1) week notice if the period of employment is less than one year Two (2) weeks notice if the period of employment is one year but less than three years; Three (3) weeks notice if the period of employment is three years but less than four years;

Severance Termination. (a) An employee who has completed the probation period outlined in Article 11(a) who is permanently laid off shall be entitled to at least notice of termination or pay in lieu of notice as follows: One (1) week notice if the period of employment is less than one year Two (2) weeks notice if the period of employment is one year but less than three years;year