Accrual of Credit Units. (a) Credit Units shall have no value in terms of either time or money but shall be a means of determining duration of benefits under the varying circumstances prevailing from time to time. Credit Units shall be credited to an employee at the rates specified in subsection (b) of this section, provided that:
Appears in 3 contracts
Samples: Collective Agreement, Collective Agreement (Maverick Tube Corporation), Apprentice Training Agreement (Maverick Tube Corporation)
Accrual of Credit Units. (a) a. Credit Units shall have no fixed value in terms of either time or money but shall be a means of determining duration of benefits Benefits under the varying circumstances prevailing from time to time. Credit Units shall be credited to an employee Employee at the rates specified in subsection (bii) of this section, Article 3.01 provided that:,
Appears in 1 contract
Samples: Agreements
