Common use of Weeks Pay Clause in Contracts

Weeks Pay. Employees who accept separation pay under the provisions of this clause shall on so doing their seniority and employment relationship with the Company and shall have no further rights under this Agreement or under any other Agreement between tho signing parties. Pay in lieu of notice as outlined in Article shall not apply when payments are made under this clause. The Company will give notice of its intention to close a plant at least ninety (90) calendar days prior to such closing.

Weeks Pay. Employees who accept separation pay under the provisions of this clause shall on so doing terminate their seniority and employment relationship with the Company and shall have no further rights under this Agreement or under any other Agreement between tho the signing parties. Pay in lieu of notice as outlined in Article 12.07 shall not apply when payments are made under this clause. The Company will give notice of its intention to close a plant at least ninety (90) calendar days prior to such closing.