Plant Closure definition
Examples of Plant Closure in a sentence
Following notice, the Company would be prepared to meet with the Union for the purpose of negotiating a Plant Closure Agreement.
Following notice, the Employer would be prepared to meet with the Union for the purpose of negotiating a Plant Closure Agreement that would include a period of benefit continuance with the exception of S & A and LTD.
It is understood by the parties that the language of Article XV, Strikes and Lockouts, does not restrict the Union's rights to strike under the Plant Closure or Layoff provisions of the current Memorandum of Agreement.
In the event of complete plant closure or substantial reduction of the workforce, the Company will set up a joint Union/Management Plant Closure Committee.
In the event of a plant closure the Company will provide severance benefits in the amount of two (2) weeks’ pay for every year of service for all employees on active payroll or laid off no more than twelve (12) months prior to Plant Closure date.
The provisions of this Article shall also apply to a partial or total Plant Closure.
If any employee dies following the announcement and prior to Product Relocation or Plant Closure, Severance Pay calculated to the date of death shall be paid to his/her estate.
During the term of this agreement if a surplus cannot be accommodated through re-deployment, VSP under the applicable mid-term agreements, or the Thermal Plant Closure Mid-Term where applicable, the treatment of employees who are adversely affected by such an event will be subject for discussion between the parties.
Plant Closure will be defined as a termination of 80% of the bargaining unit employees.
I For the purpose of this Plant Closure Agreement permanent partial shall be defined as a consecutive month period during which the Edmonton Plant does not manufacture clinker.