Conditions of Allowances. 16.1 1. When in the sole judgment of the Company, it decides to close permanently the plant or discontinue permanently a department of the plant or substantial portion thereof and terminate the employment of individuals, an employee whose employment is terminated either directly or indirectly as a result thereof because he was not entitled to other employment with the Company under the provisions of Article 13 of this Agreement and Section 2-B of this Article, shall be entitled to a severance allowance in accordance with and subject to the following provisions
Conditions of Allowances. 1. When in the sole judgment of the Company, it decides to close permanently the Research Department or discontinue permanently a department of the Research Department or substantial portion thereof and terminate the employment of individuals, an employee whose employment is terminated either directly or indirectly as a result thereof because he was not entitled to other employment with the Company under the provisions of Article 13 of this Agreement and Section 2-B of this Article, shall be entitled to a severance allowance in accordance with and subject to the following provisions.
Conditions of Allowances. When in its sole judgment, the Company decides to permanently close the plant and terminate the employment of individuals, an employee whose employment is terminated shall be entitled to a severance allowance in accordance with and subject to the following provisions. Before the Company shall finally decide to permanently close the plant, it shall give the Union, when practicable, advance written notification of its intent. Such notification shall be given sixty (60) days prior to the proposed closure date, and the Company will thereafter meet with appropriate Union representatives in order to provide them with an opportunity to discuss the Company’s proposed course of action. Upon conclusion of such meetings, which in no event shall be less than thirty (30) days prior to the proposed closure date, the Company shall advise the Union of its final decision. The final closure decision shall be the exclusive function of the Company. This notification provision shall not be interpreted to offset the Company’s right to layoff or in any other way reduce or increase the working force in accordance with its presently existing rights as set forth in Article III of this Agreement. The Company acknowledges its obligations under the 1989 WARN Plant Closing law.
