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 Lay-Off calculated by determining the product of and below and deducting from such product the amount of Seventy percent (70%) for eligible employees as herein above defined. The straight time hourly rate of the employee in effect as of time of layoff.

Appears in 1 contract

Samples: Collective Agreement

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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 laid off from the bargaining unit Bargaining Unit shall receive in addition to any wages earned in the week a benefit from the Plan for each week of Laylay-Off off calculated by determining the product of items and below and deducting from such product the amount sum of item below. Seventy percent (70%) for eligible employees as herein above hereinabove defined. The straight time hourly rate of the employee in effect as of time of layoff.

Appears in 1 contract

Samples: Collective Agreement

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 laid off from the bargaining unit Bargaining Unit shall receive in addition to any wages earned in the week a benefit from the Plan for each week of Lay-Off layoff calculated by determining the product prod- uct of items (a), and below and deducting from such product the amount sum of Seventy percent (70%) for eligible employees as herein above defined. The straight time hourly rate of the employee in effect as of time of layoffitem below.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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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 laid off from the bargaining unit Bargaining Unit shall receive in addition to any wages earned in the week a benefit from the Plan for each week of Lay-Off layoff calculated by determining the product of items and below and deducting from such product the amount of Seventy percent (70%) for eligible employees as herein above defined. The straight time hourly rate of the employee in effect as of time of layoff.sum of

Appears in 1 contract

Samples: Collective Bargaining Agreement

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