Common use of Annual Payment of Longevity Clause in Contracts

Annual Payment of Longevity. The above listed longevity payments shall be paid on 40 the employee’s anniversary date. In order to be eligible for any of such payments, the employee 41 must have completed the necessary minimum length of service for the appropriate amount prior 42 to his anniversary date for such payment. Longevity payments shall be prorated on termination,

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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Annual Payment of Longevity. The above listed longevity Longevity payments shall be paid on 40 the employee’s anniversary date. In order to be eligible for any of such paymentslongevity, the employee 41 must have completed the necessary minimum length of service for the appropriate amount prior 42 to his anniversary date for such payment. Longevity payments shall be prorated on termination,, resignation or retirement.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

Annual Payment of Longevity. The above listed longevity payments shall be paid on 40 12 the employee’s anniversary date. In order to be eligible for any of such payments, the employee 41 13 must have completed the necessary minimum length of service for the appropriate amount prior 42 14 to his anniversary date for such payment. Longevity payments shall be prorated on termination,, 15 resignation or retirement.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

Annual Payment of Longevity. The above listed longevity payments shall be paid on 40 12 the employee’s anniversary date. In order to be eligible for any of such payments, the employee 41 13 must have completed the necessary minimum length of service for the appropriate amount prior 42 14 to his anniversary date for such payment. Longevity payments shall be prorated on termination,

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Annual Payment of Longevity. The above listed longevity Longevity payments shall be paid on 40 the employee’s 40 anniversary date. In order to be eligible for any of such paymentslongevity, the employee 41 must have completed the 41 necessary minimum length of service for the appropriate amount prior 42 to his anniversary date for 42 such payment. Longevity payments shall be prorated on termination,, resignation or retirement. 43

Appears in 1 contract

Samples: Collective Bargaining Agreement

Annual Payment of Longevity. The above listed longevity payments shall be paid on 40 23 the employee’s anniversary date. In order to be eligible for any of such payments, the employee 41 24 must have completed the necessary minimum length of service for the appropriate amount prior 42 25 to his anniversary date for such payment. Longevity payments shall be prorated on termination,

Appears in 1 contract

Samples: Collective Bargaining Agreement

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