Lay-Off due to Shortage of Work. Any employee covered by this Collective Agreement who is laid off due to shortage of work, shall be entitled to severance pay as outlined below. The severance pay shall be payable when the employee voluntarily or pursuant to 10.03 (c) for this Agreement, forfeits the right to recall.
Appears in 3 contracts
Samples: Collective Agreement, Collective Bargaining Agreement, Collective Agreement
Lay-Off due to Shortage of Work. Any employee covered by this Collective Agreement who is laid off due to shortage of work, shall be entitled to severance pay as outlined below. The severance pay shall be payable when the employee voluntarily or pursuant to 10.03 (c) for this Agreement, forfeits the right to recall. 11.06 An employee terminated and accepting severance payment under the above terms remains eligible to be considered for re-employment as a new employee.
Appears in 1 contract
Samples: Collective Agreement
