Plant Closing. 1. When it becomes necessary to close the plant or a substantial portion of the plant and it is not expected that those affected will be re-employed, a separation allowance or pension benefit will be paid to employees subject to the following:
Plant Closing. None of the Selling Parties has, -------------- directly or indirectly, taken or omitted to take any action which may result in the Seller's or the Buyer's liability to any person or entity under the WARN Act. The term "any action" does not include the sale and acquisition contemplated by this Agreement and the liability under the WARN Act, if any, which results from the Seller's termination of employees in connection with such sale and acquisition is the sole responsibility of the Seller.
Plant Closing. 18.1 If the plant is permanently closed, a separation allowance will be paid to employees subject to the following:
Plant Closing. (a) General
Plant Closing. 34.01 In the event the Plant is closed either by the Company or for any other reason, the Company agrees to meet with the Union to discuss severance pay for the affected employees.
Plant Closing. Purchaser has no definite plans to implement any mass lay-off, plant closing, or other covered employment loss (a “Lay-off”), as those terms are defined by the Worker Adjustment and Retraining Notification Act, 229 U.S.C. § 2101-2109 (the “Act”), within sixty-one (61) days of the Closing Date. If it implements a Lay-off after the Closing, Purchaser will comply with the Act to the extent the Act applies to its operations (including the Business as operated after the Closing).
Plant Closing. Buyer shall defend and indemnify Shareholders, their officers, directors, agents, and Affiliates, against any claim, damage, or expense arising from the failure of any Fiskars Company to comply with the Worker Adjustment and Retraining Notification Act ("WARN") for a company "plant closing" or "mass layoff" (as those terms are defined in the Act) occurring after the Closing Date or any state, local or foreign law applicable to such matters.
Plant Closing. In the event of a plant closing that gives rise to a permanent layoff/termination of all bargaining unit personnel, the Company and the Union will promptly meet to discuss the impact of the closing upon the effected employees. The parties shall negotiate over the effects of such closing in an effort to establish severance pay and benefit allowances based on seniority. Nothing in this section shall obligate either party to arbitrate any dispute over severance pay or severance benefits in accordance with our grievance provisions.
Plant Closing. 41. Each employee laid off because of a plant closure will receive one (1) week's pay for each year of service. This is in addition to Legislation under the Employment Standards Act. All benefits will be paid on a pro-rated basis. One (1) year of service equals one (1) month's coverage. This is to the closest year for both benefits. Closest year means six (6) months plus one (1) day.
Plant Closing. Employees with a minimum of twelve months seniority shall be eligible for transfer to another division of the Company. Benefits shall continue until the end of the month following the month in which the lay-off occurs. These provisions shall apply where lay-offs occur due to a plant closing or partial closing. If the employee declines a transfer to another division of the Company, the following severance schedule shall apply: Up to one year, one week’s pay for every year of full time service to a maximum of weeks. In event that the Employment Standards legislation provides a greater benefit than detailed above, then it shall prevail.
