Common use of Layoff Procedures Clause in Contracts

Layoff Procedures. If a force adjustment will necessitate layoffs involving Regular employees, the Company Bargaining Agent shall notify the Union Bargaining Agent in writing, at least fifteen (15) calendar days prior to taking such action, and shall offer to negotiate with the Union concerning the best alternative methods for further reduction of the Adjustment Group and preventing layoffs. If no agreement is reached in fifteen (15) calendar days, further reductions of the Adjustment Group shall proceed under the Company's original plan for force adjustments. Layoffs shall be made effective among employees in inverse order of TOE within the defined Adjustment Group in an RCA, subject to the following conditions: Regular employees laid off under the provisions of this Article will be entitled to involuntary separation payments under the Involuntary Separation Payment Program (ISPP), plus compensation for any accrued, unused entitlement time to which the employee is entitled at the time of leaving the Company. Employees who leave the service of the Company as a participant in ISPP may receive, in combination with such benefit, a retirement service or vested pension (if eligible for such pension). The involuntary separation payments paid in accordance with the ISPP Table will be calculated based on TOE as follows, but in no event to exceed twice the base salary plus applicable differentials: less than 1 year less than $ 600 20 16,900 1 600 21 18,400 2 1,200 22 19,900 3 1,800 23 21,400 4 2,400 24 22,900 5 3,000 25 24,400 6 3,600 26 25,900 7 4,200 27 27,400 8 4,800 28 28,900 9 5,400 29 30,400 10 6,400 30 31,900 11 7,400 31 33,400 12 8,400 32 34,900 13 9,400 33 36,400 14 10,400 34 37,900 15 11,400 35 39,400 16 12,400 36 40,900 17 13,400 37 42,400 18 14,400 38 43,900 19 15,400 39 45,400 40 46,900 41 48,400 42 49,900 43 51,400 44 52,900 45 54,400 Etc. Etc. Employees who are separated under the provisions of ISPP will be treated under the Separation Payment Methods outlined in Section 19.6 (H).

Layoff Procedures. If a force adjustment will necessitate layoffs involving Regular employees, the Company Bargaining Agent shall notify the Union Bargaining Agent in writing, at least fifteen (15) calendar days prior to taking such action, and shall offer to negotiate with the Union concerning the best alternative methods for further reduction of the Adjustment Group and preventing layoffs. If no agreement is reached in fifteen (15) calendar days, further reductions of the Adjustment Group shall proceed under the Company's original plan for force adjustments. Layoffs shall be made effective among employees in inverse order of TOE within the defined Adjustment Group in an RCA, subject to the following conditions: Regular employees laid off under the provisions of this Article will be entitled to involuntary separation payments under the Involuntary Separation Payment Program (ISPP), plus compensation for any accrued, unused entitlement time to which the employee is entitled at the time of leaving the Company. Employees who leave the service of the Company as a participant in ISPP may receive, in combination with such benefit, a retirement service or vested pension (if eligible for such pension). The involuntary separation payments paid in accordance with the ISPP Table will be calculated based on TOE as follows, but in no event to exceed twice the base salary plus applicable differentials: TERM OF EMPLOYMENT (TOE) DOLLAR PAYMENT TERM OF EMPLOYMENT (TOE) ISPP TABLE DOLLAR PAYMENT less than 1 year less than $ 600 20 16,900 1 600 21 18,400 2 1,200 22 19,900 3 1,800 23 21,400 4 2,400 24 22,900 5 3,000 25 24,400 6 3,600 26 25,900 7 4,200 27 27,400 8 4,800 28 28,900 9 5,400 29 30,400 10 6,400 30 31,900 11 7,400 31 33,400 12 8,400 32 34,900 13 9,400 33 36,400 14 10,400 34 37,900 15 11,400 35 39,400 16 12,400 36 40,900 17 13,400 37 42,400 18 14,400 38 43,900 19 15,400 39 45,400 40 46,900 41 48,400 42 49,900 43 51,400 44 52,900 45 54,400 Etc. Etc. Employees who are separated under the provisions of ISPP will be treated under the Separation Payment Methods outlined in Section 19.6 (H).