Separation Allowance definition
Examples of Separation Allowance in a sentence
Employees who request the Separation Allowance, if approved by the Employer under this paragraph, are required to resign at a time acceptable to the Employer.
For the purposes of Separation Allowance under Article 29.02.01(b)(ii), the laid-off employee shall be treated as if he or she had resigned.
Eligible Employees will be entitled to receive the Separation Allowance at their regular Basic Rate of Pay in effect at the time of election, according to the attached Schedule.
The purpose of this five-day period is for the employee to consider his or her options, as applicable, under Articles 20.2 (Pay in Lieu) and 20.3 (Separation Allowance).
The Separation Allowance will be available for Full-time and Part-time Employees.
Separation Allowance Program, as amended from time (the "Program") to time.
Where an eligible Employee has made an election to accept the Separation Allowance, the election shall only be altered by agreement of the Employee and Employer.
Any amounts paid to an employee pursuant to the Company's Separation Allowance Plan shall be deemed to be inclusive of any amounts to which such employee may be entitled for termination pay or severance under the Employment Standards Act (Ontario).
Eligible Permanent Employees will be entitled to receive a Separation Allowance at their regular rate of pay according to the following schedule.
You acknowledge and agree that this Separation Allowance constitutes an amount to which you are not otherwise entitled, and serves as additional consideration for this Agreement.