Layoff notice and severance for continuous employees Sample Clauses

Layoff notice and severance for continuous employees. An employee on a continuous appointment whose appointment is to be discontinued as a result of Article 5.1 will be given a layoff notice of four (4) months exclusive of accrued vacation credits. An employee on a continuous appointment who is to be laid off shall be entitled to severance pay calculated on the basis of one (1) month current salary for each year of service to a maximum of six (6) months' salary. Where the layoff is a reduction in an employee's contract of less than 100% the severance pay will be calculated on the same percentage as the reduction. The years of service will consist of the number of academic years during which service to the College was provided, beginning with the employee's start date. If a laid off employee is recalled during the six (6) month period following termination, he/she will refund to the College the portion of severance that exceeds one (1) month's severance for each month's severance or percentage thereof for each month of layoff. An employee who receives severance and who is recalled will have his/her years of service for the purpose of future severance payments recalculated beginning with the employee's start date for the position to which he or she was recalled.
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