Common use of Lay-Off Clause in Contracts

Lay-Off. An employee on lay-off shall, at the expiry of the twelve (12) month recall period, be eligible for a severance pay equivalent to one week’s pay for each complete year of continuous service with NAV CANADA since November 1, 1996, with a maximum benefit of twenty-nine (29) weeks’ pay.

Appears in 19 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Lay-Off. An employee on lay-off shall, at the expiry of the twelve (12) 12 month recall period, be eligible for a severance pay equivalent to one week’s pay for each complete year of continuous service with NAV CANADA since November 1, 1996, with a maximum benefit of twenty-nine (29) 29 weeks’ pay.

Appears in 4 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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Lay-Off. An employee on lay-off shall, at the expiry of the twelve (12) month recall period, be eligible for a severance pay equivalent to one week’s pay for each complete year of continuous service with NAV CANADA since November 1, 1996, with a maximum benefit of twenty-nine (29) weeks’ pay, less the amount paid out as a result of the cash out provisions agreed to in the collective agreement settled on November 22, 2011.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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