Common use of Separation Allowance Clause in Contracts

Separation Allowance. Where an employee resigns and his or her resignation takes effect within one (1) month after receiving a layoff notice, he or she shall be entitled to a separation allowance of two (2) weeks’ salary for each year of continuous service with CAMH, or any of its predecessor employers to a maximum of twenty (20) weeks’ pay. On production of receipts from an approved educational program within twelve (12) months of resignation, the employee shall be reimbursed for tuition fees up to a maximum of three thousand dollars ($3,000.00). Where an employee resigns later than one (1) month after receiving a layoff notice he or she shall be entitled to a separation allowance of four (4) weeks’ salary. On production of receipts from an approved educational program within twelve (12) months of resignation, the employee shall be reimbursed for tuition fee up to a maximum of one thousand, two hundred and fifty dollars ($1,250.00). Employees who elect salary continuance as the method of severance payment are not eligible for rate increase during their salary continuance payments, do not accrue vacation and are not entitled to STD and LTD during the period of salary continuance. An employee who elects a separation allowance shall have no other entitlements than those listed above and specifically shall have no entitlements under the termination or severance provisions of Ontario’s Employment Standards Act.

Separation Allowance. Where an employee resigns and his or her resignation takes effect within one (1) month after receiving a layoff notice, he or she shall be entitled to a separation allowance of two (2) weeks’ ' salary for each year of continuous service with CAMH, or any of its predecessor employers to a maximum of twenty (20) weeks’ ' pay. On production x xxx u ction of receipts from an approved educational program within twelve (121 2) months of resignation, the employee shall be reimbursed for tuition fees up to a maximum of three thousand dollars ($3,000.003 ,000.00). Where an employee resigns later than one (1) month after receiving a layoff notice he or she shall be entitled to a separation allowance of four (4) weeks’ ' salary. On production x xxx u ctton of receipts from an approved educational program p rogram within twelve (121 2) months of resignation, the employee shall be reimbursed reimbu rsed for tuition fee up to a maximum of one thousand, two hundred and fifty dollars ($1,250.00$ 1 ,250.00). Employees who elect salary continuance as the method of severance payment are not eligible for rate increase during their salary continuance payments, do not accrue vacation and are not entitled to STD and LTD during the period of salary continuance. An employee who elects a separation allowance shall have no other entitlements than those listed above and specifically shall have no entitlements under the termination or severance provisions p rovisions of Ontario’s 's Employment Standards Act.