Permanent Plant Closure - Severance Pay a) The Company agrees that employees affected by permanent plant closure shall be given sixty (60) days notice of closure.
Permanent Plant Closure - Severance Pay a) Effective July 1st, 2003, employees terminated by the Company because of permanent closure of a manufacturing plant shall be entitled to severance pay equal to ten (10) day’s pay for each year of continuous service and thereafter in increments of completed months of service.
Permanent Plant Closure - Severance Pay. Effective January employees terminated by the company because of permanent closure of a manufacturing plant shall be entitled to severance pay equal to (seven) days pay for each year of continuous service and thereafter in increments of completed months of service.
