Common use of Long Service Bonus Clause in Contracts

Long Service Bonus. 20.01 A long service bonus, payable by December 15 of each year, shall be paid to permanent employees in the following manner: For 2002/03 Effective 2004 After 5, 6, 7, 8 or 9 years of continuous service - $ 60.00 $ 70.00 After 10, 11, 12, 13 or 14 years of continuous service - $120.00 $130.00 After 15, 16, 17, 18 or 19 years of continuous service - $180.00 $190.00 After 20, 21, 22, 23 or 24 years of continuous service - $240.00 $250.00 After 25 or more years of continuous service - $300.00 $310.00

Long Service Bonus. 20.01 A long 19.01 In recognition of the principle that a long-service bonusemployee is of increased value to the Employer through his acquired knowledge and experience, payable by December 15 of each year, shall be paid the Employer agrees to permanent employees long-service pay in accordance with the following mannertable: For 2002/03 Effective 2004 After 5, 6, 7, 8 or 8, 9 years of continuous service - $ 60.00 $ 70.00 52.00 After 10, 11, 12, 13 or 13, 14 years of continuous service - $120.00 $130.00 104.00 After 15, 16, 17, 18 or 18, 19 years of continuous service - $180.00 $190.00 156.00 After 20, 21, 22, 23 or 23, 24 years of continuous service - $240.00 $250.00 208.00 After 25 years or more years of continuous service - $300.00 $310.00260.00 The above bonus shall be paid within one (1) month of anniversary date. the employee’s

Long Service Bonus. 20.01 A long service bonus, payable by December 15 of each year, shall be paid to permanent employees in the following manner: For 2002/03 Effective 2004 After 5, 6, 7, 8 or 9 years of continuous service - For 2002/03 $ 60.00 Effective 2004 $ 70.00 After 10, 11, 12, 13 or 14 years of continuous service - $120.00 $130.00 After 15, 16, 17, 18 or 19 years of continuous service - $180.00 $190.00 After 20, 21, 22, 23 or 24 years of continuous service - $240.00 $250.00 After 25 or more years of continuous service - $300.00 $310.00

Long Service Bonus. 20.01 A long 19.01 In recognition of the principle that a long-service bonusemployee is of increased value to the Employer through his acquired knowledge and experience, payable by December 15 of each year, shall be paid the Employer agrees to permanent employees long-service pay in accordance with the following mannertable: For 2002/03 Effective 2004 After 5, 6, 7, 8 or 8, 9 years of continuous service - $ 60.00 $ 70.00 52.00 After 10, 11, 12, 13 or 13, 14 years of continuous service - $120.00 $130.00 104.00 After 15, 16, 17, 18 or 18, 19 years of continuous service - $180.00 $190.00 156.00 After 20, 21, 22, 23 or 23, 24 years of continuous service - $240.00 $250.00 208.00 After 25 years or more years of continuous service - $300.00 $310.00260.00 The above bonus shall be paid within one (1) month of the employee’s anniversary date.