NOTICE OF LAYOFF/SEVERANCE PAY Sample Clauses

NOTICE OF LAYOFF/SEVERANCE PAY. 35.01 The Co-operative will give all affected employees, with six (6) months' service or more, four (4) weeks' notice or four (4) weeks' pay in lieu of notice, of the permanent closing of the Co-operative or a portion of the Co-operative.
Sample 1Sample 2Sample 3See All (25)
AutoNDA by SimpleDocs
NOTICE OF LAYOFF/SEVERANCE PAY. 17.01 In the event of layoff, employees shall be laid off in reverse order of their bargaining unit-wide seniority.
Sample 1Sample 2Sample 3See All (5)
NOTICE OF LAYOFF/SEVERANCE PAY. 16.01 The Company will give employees two (2) week's notice in the event of a layoff and will give employees six (6) weeks' notice or six (6) weeks' pay in lieu of notice (or such longer period as may be required by Legislation) for plant closure. Copies of all layoff notices shall be forwarded to the Union office at the same time that they are being issued to the employees.
Sample 1Sample 2Sample 3
NOTICE OF LAYOFF/SEVERANCE PAY. 35.01 The Employer will give all affected employees in the bargaining unit, who have six (6) months' service or more, four (4) weeks' notice or four (4) weeks' pay in lieu of notice or the levels outlined in the Employment Standards Code ESC CCSMcE110, 2007, whichever provides the greater notice, in the event they are to be permanently laid off.
Sample 1Sample 2
NOTICE OF LAYOFF/SEVERANCE PAY. 25.01 In the event of layoff for six (6) months or more, the following will apply:
Sample 1
NOTICE OF LAYOFF/SEVERANCE PAY. 15.01 In the event of the permanent closing of the Centre, the Employer will provide employees notice or pay in lieu of notice, as follows: employees with one (1) year or more of service: 2 months employees with three (3) years or more of service: 3 months employees with five (5) years or more of service: 4 months
Sample 1
NOTICE OF LAYOFF/SEVERANCE PAY 
Sample 1Sample 2Sample 3See All (14)
AutoNDA by SimpleDocs

Related to NOTICE OF LAYOFF/SEVERANCE PAY

  • Severance Pay 4.4.2(a) Severance pay - other than employees of a small employer An employee, other than an employee of a small employer, whose employment is terminated by reason of redundancy is entitled to the following amount of severance pay in respect of a period of continuous service: Period of continuous service Severance pay Less than 1 year Nil 1 year and less than 2 years 4 weeks’ pay* 2 years and less than 3 years 6 weeks’ pay 3 years and less than 4 years 7 weeks’ pay 4 years and less than 5 yeas 8 weeks’ pay 5 years and less than 6 years 10 weeks’ pay 6 years and less than 7 years 11 weeks’ pay 7 years and less than 8 years 13 weeks’ pay 8 years and less than 9 years 14 weeks’ pay 9 years and less than 10 years 16 weeks’ pay 10 years and over 12 weeks’ pay * Week’s pay is defined in 4.4.1.

  • Severance Payments 6.1 If the Executive's employment is terminated following a Change in Control and during the Term, other than (A) by the Company for Cause, (B) by reason of death or Disability, or (C) by the Executive without Good Reason, then the Company shall pay the Executive the amounts, and provide the Executive the benefits, described in this Section 6.1 ("Severance Payments") and Section 6.2, in addition to any payments and benefits to which the Executive is entitled under Section 5 hereof; provided, however, that the Executive shall not be entitled to the Severance Payments unless and until the Executive (or, in the event of the Executive's death, the executor, personal representative or administrator of the Executive's estate) has signed a written waiver and release substantially in the form set forth on Exhibit A hereto. For purposes of this Agreement, the Executive's employment shall be deemed to have been terminated following a Change in Control by the Company without Cause or by the Executive with Good Reason, if (i) during the Term the Executive's employment is terminated by the Company without Cause following a Potential Change in Control but prior to a Change in Control (whether or not a Change in Control ever occurs) and such termination was at the request or direction of a Person who has entered into an agreement with the Company the consummation of which would constitute a Change in Control, (ii) during the Term the Executive terminates his employment for Good Reason following a Potential Change in Control but prior to a Change in Control (whether or not a Change in Control ever occurs) and the circumstance or event which constitutes Good Reason occurs at the request or direction of such Person or (iii) during the Term the Executive's employment is terminated by the Company without Cause or by the Executive for Good Reason and such termination or the circumstance or event which constitutes Good Reason is otherwise in connection with or in anticipation of a Change in Control (whether or not a Change in Control ever occurs). An Executive will not be considered to have been terminated by reason of the divestiture of a facility, sale or other disposition of a business or business unit, or the outsourcing of a business activity with which the Executive is affiliated, notwithstanding the fact that such divestiture, sale or outsourcing takes place within two years following a Change in Control, if the Executive is offered comparable employment by the successor company and such successor company agrees to assume the Company's obligations to the Executive under this Agreement.

Time is Money Join Law Insider Premium to draft better contracts faster.