Common use of Insufficient Credit Units for a Regular Benefit Clause in Contracts

Insufficient Credit Units for a Regular Benefit. If an Employee has to his/her credit less than the full number of Credit Units required to be cancelled for the payment of a Regular Benefit for which he/she is otherwise eligible, he/she shall be paid the full amount of such Regular Benefit and all remaining Credit Units to his/her credit shall be cancelled.

Appears in 2 contracts

Samples: Supplemental Agreement, Agreement Concerning the Supplemental Unemployment Benefit Plan, the Separation Payment Plan, and the Automatic Short Week Benefit Plan

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Insufficient Credit Units for a Regular Benefit. If an Employee has to his/her credit less than the full number of Credit Units required to be cancelled for the payment of a Regular Benefit for which he/she the Employee is otherwise eligible, he/she such Employee shall be paid the full amount of such Regular Benefit and all remaining Credit Units or fractions thereof to his/her the Employee’s credit shall be cancelled.

Appears in 1 contract

Samples: Supplemental Agreement

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Insufficient Credit Units for a Regular Benefit. If an Employee has to his/her credit less than the full number of Credit Units required to be cancelled for the payment of a Regular Benefit for which he/she the Employee is otherwise eligible, he/she the Employee shall be paid the full amount of such Regular Benefit and all remaining Credit Units to his/her credit or fractions thereof shall be cancelled.

Appears in 1 contract

Samples: Supplemental Unemployment Benefit Plan Agreement

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