ARTICLE SEVERANCE PAY. An employee who has between ninety (90) days of continuous employment and up to three (3) years of continuous employment and who is laid off is entitled to be paid Severance Pay at the time of lay-off in the amount of two (2) weeks of pay. For each year of continuous employment following three (3) years the employee shall receive an additional week's pay up to the maximum of a total of eight (8) weeks of pay. Payment shall be prorated in respect of any period of continuous employment which is less than a complete
ARTICLE SEVERANCE PAY. If an employee loses his employment with the Company due to plant closing the employee shall be compensated on the basis of one week’s pay for each year of continuous service, up to a maximum of twenty-six (26) weeks. In the event of a plant closure within the first year of this agreement it is agreed the Employer shall pay to all employees one (1) additional week severance in addition to This Agreement shall become effective on February and shall remain in effect until the February and year to year thereafter unless in any year not more than sixty (60) days and not less than thirty (30) days, before the end of any yearly period, either party shall furnish the other with notice of termination of, or proposed revision of, this Agreement. Notice of revision shall set forth the nature of the proposed amendments to this Agreement.
ARTICLE SEVERANCE PAY. In the event an employee has his employment terminated as a direct result of the closing of the plant, he will be paid severance pay of one week of regular pay for each year of continuous service. Starting with the fourth year to a maximum of twenty-six (26) years. No employee will qualify for severance pay if he is able to exercise his seniority rights within the plant or if he is offered employment elsewhere in the Company in the Kitchener area, or if the closing results
ARTICLE SEVERANCE PAY. An employee with one year or more of continuous service with the Company who is subject to lay-off for reasons of economy, new or modified processes of equipment, production changes or curtailment of operation, other than for causes such as explosion, fire, flood, labour dispute within the Company, government regulations or “Act of God” will qualify for severancepay at the rate of one (1) week’s pay at his current rate for each year of continuous service. Seasonal employees included in Group E, F G will not be covered by severance pay provisions of unless lay-off is permanent. If an employee elects to accept severance pay, he may choose to have one-half of the amount due paid one month after the date of severance and the remainder paid at the end of the fourth month after severance, or to have the full amount of severance pay due paid six months after the date of severance. Acceptance by the employee of all severance pay due, will terminate his status as an employee. Such former employee will have recall rights for a period of twenty-four (24) months from the date of lay-off. The Company will advise the employee of recall to work by registered letter at their local address as shown on Company records, and the employee must return to work within days of such notice. If an employee is recalled after having received all of the severance pay due him, he will begin, as of the date of return, accumulating a new period of time which will be credited toward any future severance. If an employee is recalled after having received a part of the severance pay due him, he will, upon return to work, retain the right to the unpaid portion if laid off a second time. He will begin accumulating again a new period of time which will, in addition, be credited toward any future severance.
ARTICLE SEVERANCE PAY full-time employee whose employment is terminated by the Company as a direct result of the closing of the plant or a portion of it shall receive severance pay as follows: Employees with less than five (5) years of service: Twenty-five (25) hours at the employee’s current rate of pay for each full completed year of continuous service commencing with the second year. Employees with five (5) years of service or more: One (1) weeks regular pay at the employees current rate of pay for each full completed year of continuous service, to a maximum of twenty-six (26) weeks pay. No employee will qualify for severance pay if he is offered employment elsewhere in the Company within an area of fifty (50) miles. Employee who accepts severance pay shall forfeit all seniority rights. In the event of government regulations being introduced to provide that an employer shall pay severance pay to employees, a terminating employee will be paid severance pay either in accordance with government regulations, or in accordance with Article above, whichever is the greater amount.
ARTICLE SEVERANCE PAY. Any full-time employee with one (1) year of service or more whose employment is terminated by the Company as a direct result of the closing of the Plant shall receive one (1) weeks pay for each completed year of service. A week's pay consists of the regular scheduled hours at straight time hourly rates. Employees will not qualify for payment of severance pay if the closing results from:
ARTICLE SEVERANCE PAY. The parties agree that Article shall be amended to apply to any employee who is employed from the effective date of ratification and severed by during the period up to December as follows: Severance pay shall accrue at the rate of two and one-half (2 weeks full pay based on an employee's pay at the time of severance, for each year of service commencing after the first (1st) year of service to a maximum of seventy eight (78) weeks' pay. In the event the Federal Government Competition Bureau approves the merger of ' Superior Propane Inc. (SPI) and Propane Inc. during the term of the collective agreement, then the parties further agree that any improvement to Article by the acquiring company (Superior Propane Inc.) shall apply to any employee who is employed from the effective date of ratification and who's job is lost as a result of the merger. DATED AT Vancouver, Columbia, this 25th day of November, SIGNED ON BEHALF OF SIGNED ON BEHALF OF TEAMSTERS LOCAL UNION NO. Xxxxx Xxx Xxxxx TEAMSTERS LOCAL UNION NO. To remain separate and apart from collective agreement
ARTICLE SEVERANCE PAY. The Company will pay to each affected employee one (I)week's severance pay for each year of unbroken service (and of a week's pay for each completed month in an incomplete year) to employees who are permanently laid off or terminated due to a permanent, partial or total closure of the Company's plant. Severance pay will be based on the employee's regular straight time rate. Where the Company has decided to shut down a plant, it shall provide three (3) months' notice to the Union unless such shut down is caused by reasons beyond the control of the Company, which make the provision of such notice impossible. The employee shall receive the greater of severance pay under this clause or the Employment Standards Act, but not both. This clause does not apply if an employee is offered work elsewhere by the Company. This severance payment is payable at the time an employee relinquishes recall rights.
ARTICLE SEVERANCE PAY. Any full-time employee with six (6) months of service or more, whose employment is terminated by the Company as a direct result of the closing of the plant or department shall receive severance pay providing the employee:
ARTICLE SEVERANCE PAY. An employee who has nine (9) or more years continuous service with the Employer is en- titled to be paid on resignation, retirement or death severance pay equal to the amount obtained by multiplying the number of com- pleted years of continuous employment by his weekly salary to a maximum of twenty (20) weeks pay. For the purpose of this Article, service for a temporary employee shall be the actual period of employment with the Employer provided that where a break in employment exceeds twelve (12j consecutive months, service shall commence from the date of re-employment. An employee who has resigned or retired may be re-employed if he has been out of the pub- service for a period which is not less than The maximum severance pay which an em- ployee shall be paid for his total period of in the public service shall not exceed the number of weeks as specified in Clause
