Common use of Benefits Provided for Laid Off Employees Clause in Contracts

Benefits Provided for Laid Off Employees. Subject to the terms and conditions of the Plan as herein set out each eligible employee who is laid off from the Bargaining Unit shall receive in addition to any wages earned in the week a benefit from the Plan for each week of layoff calculated by determining the product of items (a), (b), and (c) below and deducting from such product the sum of item (d) below. (a) Seventy percent (70%) for eligible employees as herein above defined. (b) the straight time hourly rate of the employee in effect as of time of layoff. (c) The excess forty (40) over the compensated and available hours of the employee. (d) The actual benefit, if any, for which such employee is eligible under the Unemployment Insurance Act for such week.

Benefits Provided for Laid Off Employees. Subject to the terms and conditions of the Plan as herein set out each eligible employee Eligible Employee who is laid off from the Bargaining Unit shall receive in addition to any wages earned in the week a benefit from the Plan for each week of layoff calculated by determining the product of items (a), (b), ) and (c) below and deducting from such product the sum of item (d) below. (a) Seventy percent (70%) for eligible employees as herein above hereinabove defined. (b) the The straight time hourly rate of the employee in effect as of time of layoff. (c) The excess of forty (40) over the compensated and available hours of the employee. (d) The actual benefit, if any, for which such employee is eligible under the Unemployment Insurance Act for such week.

Benefits Provided for Laid Off Employees. Subject to the terms and conditions of the Plan as herein set out each eligible employee Eligible Employee who is laid off from the Bargaining Unit Union shall receive in addition to any wages earned in the week a benefit from the Plan for each week of layoff calculated by determining the product of items (a), (b), ) and (c) below and deducting from such product the sum of item (d) below. (a) Seventy percent (70%) for eligible employees as herein above defined. (b) the The straight time hourly rate of the employee in effect as of time of layoff. (c) The excess of forty (40) over the compensated and available hours of the employee. (d) The actual benefit, if any, for which such employee is eligible under the Unemployment Insurance Act for such week.