Five (5) Years but less than Ten (10) Years. If the employee has five (5) years but less than ten (10) years of continuous service with the Employer, the employee shall be entitled to a lump sum payment equal to four and one half (41/2) months pay at the rate of pay the employee was earning at the time the position became redundant or surplus.
Appears in 7 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Five (5) Years but less than Ten (10) Years. If the employee has five (5) years but less than ten (10) years of continuous service with the EmployerCity, the employee shall be entitled to a lump sum payment equal to four and one half (41/2) months pay at the rate of pay the employee was earning at the time the position became redundant or surplus.
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Five (5) Years but less than Ten (10) Years. If the employee has five (5) years but less than ten (10) years of continuous service with the Employer, the employee shall be entitled to a lump sum payment equal to four and one one-half (41/24 ½ ) months pay at the rate of pay the employee was earning at the time the position became redundant or surplus.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
