Common use of Notice of Termination/Severance Pay Clause in Contracts

Notice of Termination/Severance Pay. In accordance with The Employment Standards Code, the notice period for terminating the employment of an employee without cause is the applicable notice period set out in the following table for the employee’s period of employment with the Employer: Period of Employment Notice Period Thirty (30) days but less than one (1) year one (1) week At least one (1) year and less than three (3) years two (2) weeks At least three (3) years and less than five (5) years four (4) weeks At least five (5) years and less than ten (10) years six (6) weeks At least ten (10) years eight (8) weeks In the event the Employer does not provide the appropriate notice as outlined above, the Employer will pay each affected employee the wages the employee would have earned had they worked they regular hours of work for the notice period. For employees whose wages vary, the Employer will pay five percent (5%) of the employee's total wages, excluding overtime wages, for the four-week period immediately preceding the notice. Employees who have worked for the Employer for more than thirty

Notice of Termination/Severance Pay. In accordance with The Employment Standards Code, the notice period for terminating the employment of an employee without cause is the applicable notice period set out in the following table for the employee’s period of employment with the Employer: Period of Employment Notice Period Thirty (30) days but less than one (1) year one (1) week At least one (1) year and less than three (3) years two (2) weeks At least three (3) years and less than five (5) years four (4) weeks At least five (5) years and less than ten (10) years six (6) weeks At least ten (10) years eight (8) weeks In the event the Employer does not provide the appropriate notice as outlined above, the Employer will pay each affected employee the wages the employee would have earned had they he/she worked they his/her regular hours of work for the notice period. For employees whose wages vary, the Employer will pay five percent (5%) of the employee's total wages, excluding overtime wages, for the four-week period immediately preceding the notice. Employees who have worked for the Employer for more than thirty

Notice of Termination/Severance Pay. In accordance with The Employment Standards Code, the notice period for terminating the employment of an employee without cause is the applicable notice period set out in the following table for the employee’s period of employment with the Employer: Period of Employment Notice Period Thirty (30) days but less than one (1) year one (1) week At least one (1) year and less than three (3) years two (2) weeks At least three (3) years and less than five (5) years four (4) weeks At least five (5) years and less than ten (10) years six (6) weeks At least ten (10) years eight (8) weeks In the event the Employer does not provide the appropriate notice as outlined above, the Employer will pay each affected employee the wages the employee would have earned had they worked they their regular hours of work for the notice period. For employees whose wages vary, the Employer will pay five percent (5%) of the employee's total wages, excluding overtime wages, for the four-week period immediately preceding the notice. Employees who have worked for the Employer for more than thirty