Common use of Application of Super Seniority Clause in Contracts

Application of Super Seniority.  A Full Time Employee establishes Super Seniority when they sign a Subscription Agreement and remit their first installment of $10,000 towards the purchase of a $25,000 investment in shares of the Harmac Employee Ownership Group Ltd. (HEOG) Company. (The definition of Subscription Agreement applies to both the Subscription Agreement and the Share Purchase Agreement that replaces it for the transaction of Shares.)  If the employee fails to complete the conditions of the Subscription Agreement they will no longer have Super Seniority.  If a Full Time Employee declines the one time offer to subscribe to HEOG shares they will not establish Super Seniority under the Labour Agreement.  Full Time Employees who do not obtain Super Seniority will be bypassed for all applications of seniority under the Labour Agreement by Full Time Employees who acquire Super Seniority. They will have relative Mill Seniority to other Full Time Employees who do not have Super Seniority based on their employment date under the Labour Agreement.  The general applications of seniority that will be affected include; layoff and recall, promotion and demotion in Lines of Progression, access to posted jobs, access to Maintenance Shift positions and priority in accessing overtime. Any and all current or future applications of seniority under the Labour Agreement will fall under this definition.

Application of Super Seniority.  A Full Time Employee establishes Super Seniority when they sign a Subscription Agreement and remit their first installment of $10,000 towards the purchase of a $25,000 investment in shares of the Harmac Employee Ownership Group Ltd. (HEOG) Company. (The definition of Subscription Agreement applies to both the Subscription Agreement and the Share Purchase Agreement that replaces it for the transaction of Shares.)  • If the employee fails to complete the conditions of the Subscription Agreement they will no longer have Super Seniority.  • If a Full Time Employee declines the one time offer to subscribe to HEOG shares they will not establish Super Seniority under the Labour Agreement.  • Full Time Employees who do not obtain Super Seniority will be bypassed for all applications of seniority under the Labour Agreement by Full Time Employees who acquire Super Seniority. They will have relative Mill Seniority to other Full Time Employees who do not have Super Seniority based on their employment date under the Labour Agreement.  • The general applications of seniority that will be affected include; layoff and recall, promotion and demotion in Lines of Progression, access to posted jobs, access to Maintenance Shift positions and priority in accessing overtime. Any and all current or future applications of seniority under the Labour Agreement will fall under this definition.