Automatic Short Week Benefit. (a) The Automatic Short Week Benefit payable to any eligible Employee for any week beginning on or after October 22, 2015, shall be an amount equal to the product of the number by which 40 exceeds his Compensated or Available Hours, *counted to the nearest tenth of an hour multiplied by 80% of his Base Hourly Rate as to an Hourly Employee or Base Weekly Salary divided by 40 as to a Salaried Employee.
(b) An Employee, who breaks Seniority during a week by reason of death or retirement under provisions of any Company pension or retirement benefit plan and is eligible for an Automatic Short Week Benefit with respect to certain hours of layoff during the week prior to the date his Seniority is broken, will receive an amount computed as provided in Subsection (2) (a) above based on the number by which the hours for which the Employee would regularly have been compensated exceeds his Compensated or Available Hours with respect to that part of the Week prior to the date his Seniority is broken. *If, before a layoff of Employees during a week, notice of intent to work overtime has not been given to Employees by the Company, overtime which is worked or available during that week but following the layoff and which is in excess of two hours will not be included in determining Compensated or Available Hours notwithstanding the definition of Compensated or Available Hours in Article I. Notice of intent to work overtime shall include without limitation either notice of the overtime schedule which would be applicable to the Employee or an offer of work to the Employee.
Automatic Short Week Benefit a) The automatic short week benefit payable to any eligible employee for any week beginning on or after the effective date of this agreement shall be an amount equal to the product of the number by which the number of hours in his/her standard work week exceeds his/her compensated or available hours, counted to the nearest tenth of an hour, multiplied by 80% of his/her Short Work Week Average Hourly Earnings.
b) An eligible employee entitled to a partial automatic short week benefit with respect to certain hours of layoff not included in an Unemployment Insurance System "week of unemployment", as provided in Section 3(a)(5) of Article 1, will receive an amount computed as provided in subsection 2(a) above, based on the number by which the hours for which the employee would regularly have been compensated exceeds his/her compensated or available hours, with respect to the days within the work week not included in such Unemployment Insurance System "week of unemployment".
Automatic Short Week Benefit. (a) The Automatic Short Week Benefit payable to an eligible Employee for any Week beginning on or after December 1, 2007 shall be an amount equal to the product of the number by which forty (40) exceeds his Compensated or Available hours, computed to the nearest tenth of an hour, multiplied by eighty percent (80%) of his Base Hourly Rate (plus eighty percent (80%) of any appli- cable cost-of-living allowance in effect at the time of computation of the Benefit, but excluding all other premiums and bonuses of any kind).
(b) An Employee, who breaks Seniority during a Week by reason of death or of retirement under the provisions of the Retirement Plan established by agreement between the Company and the Union and is eligible for an Automatic Short Week Benefit with respect to certain hours of layoff during the Week prior to the date his Seniority is broken, will receive an amount computed as provided in Subsection 2(a) of this Section based on the number by which the hours for which the Employee would regularly have been compensated exceeds his Compensated or Available hours with respect to that part of the Week prior to the date his Seniority is broken.
Automatic Short Week Benefit. (a) The Automatic Short Week Benefit payable to an eligible Employee for any Week beginning on or after November 23, 2015 shall be an amount equal to the product of the number by which forty (40) exceeds the Employee’s Compensated or Available hours, computed to the nearest tenth of an hour, multiplied by eighty percent (80%) of the Employee’s Base Hourly Rate (plus eighty percent (80%) of any applicable cost- of-living allowance in effect at the time of computation of the Benefit, but excluding all other premiums and bonuses of any kind).
(b) An Employee, who breaks Seniority during a Week by reason of death or of retirement under the provisions of the Retirement Plan established by agreement between the Company and the Union and is eligible for an Automatic Short Week Benefit with respect to certain hours of layoff during the Week prior to the date the Employee’s Seniority is broken, will receive an amount computed as provided in Subsection 2(a) of this Section based on the number by which the hours for which the Employee would regularly have been compensated exceeds the Employee’s Compensated or Available hours with respect to that part of the Week prior to the date the Employee’s Seniority is broken.
Automatic Short Week Benefit. Art. II, 2(a)
(a) The Automatic Short Week Benefit payable to any eligible Employee for any Week beginning on or after the effective date of this Plan shall be an amount equal to the product of the number by which 40 exceeds the Employee’s Compensated or Available Hours, counted to the nearest tenth of an hour, multiplied by 80% of the Employee’s Base Hourly Rate.
(b) An Employee, who breaks Seniority during a Week by reason of death or of retirement under the provisions of the General Motors Hourly-Rate Pension Plan and is eligible for an Automatic Short Week Benefit with respect to certain hours of layoff during the Week prior to the date Seniority is broken, will receive an amount computed as provided in subsection 2(a) above based on the number by which the hours for which the Employee would regularly have been compensated exceeds the Employee’s Compensated or Available Hours with respect to that part of the Week prior to the date Seniority is broken.
