Payment of Full Severance Pay. Once an employee has received full accrued severance pay pursuant to subparagraph (a) above, he shall thereafter be a new employee for severance pay purposes and future computation of qualified years shall apply only to employment by Producer, if any, after the receipt of such full severance pay.
Appears in 2 contracts
Samples: Agreement of August, Agreement of August
Payment of Full Severance Pay. Once an employee has received full accrued severance pay pay, pursuant to subparagraph (a) Section 20.1 above, he shall thereafter be a new employee for severance pay purposes and future computation of qualified years shall apply only to employment by Producerthe EMPLOYER, if any, after the receipt of such full severance pay.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement