Common use of Plant Closing Clause in Contracts

Plant Closing. 18.1 If the plant is permanently closed, a separation allowance will be paid to employees subject to the following: a) They have one (1) or more years of seniority as of their date of lay-off. b) They are actively at work with the Company and accumulating seniority or have been laid off within the thirty (30) day period preceding the date that the closing is announced. An employee on a leave of absence which was granted by the Company under Article 11.10 and employees who are not actively at work with the Company but are absent from work and receiving weekly Workers’ Compensation or Sick Pay payments, will also be eligible. c) They have not reached their sixty-fifth (65th) birthday. d) The closing is not brought about by war, strike, walkout, work stoppage, slow-down or other cessation of work, fire, government action or Act of God. e) In order to qualify for separation allowance, employees must continue to work in a satisfactory manner as long as required. f) Eligible employees will receive a separation allowance based on their completed full years of seniority as of their date of lay- off as set out in the following table: 11 to 20 The ten year allowance plus $325.00 for each completed full year of seniority over 10 In addition, employees whose combined full years of age and seniority as of their date of lay-off total sixty-five (65), will be entitled to a supplement of twenty-five hundred ($2,500.00) dollars plus an additional one hundred twenty-five ($125.00) dollars for each year that the combined total exceeds sixty-five (65). 18.2 When employees are paid separation allowance under the provisions of this Article, their seniority and employment relationship with the Company is terminated and they shall have no further rights under this Agreement or under any other Agreement between the signing parties. 18.3 If an employee is eligible to be paid separation allowance under the provisions of this Article, he/she will continue to have coverage in the Group Life Insurance, Dental and Extended Health Care plans for a period of six (6) months following the month in which the employee is laid off. Such coverage will continue on the same basis as existed at the time that the employee was laid off.

Plant Closing. 18.1 If the plant is permanently closed, a separation allowance will be paid to employees subject to the following: (a) They have one (1) or more years of seniority as of their date of lay-off. (b) They are actively at work with the Company and accumulating seniority or have been laid off within the thirty (30) day period preceding the date that the closing is announced. An employee on a leave of absence which was granted by the Company under Article 11.10 and employees who are not actively at work with the Company but are absent from work and receiving weekly Workers’ Compensation or Sick Pay payments, will also be eligible. (c) They have not reached their sixty-fifth (65th) birthday. d) The closing is not brought about by war, strike, walkout, work stoppage, slow-down down, or other cessation of work, fire, government action action, or Act of God. e(d) In order to qualify for separation allowance, employees must continue to work in a satisfactory manner as long as required. f(e) Eligible employees will receive a separation allowance based on their completed full years of seniority as of their date of lay- off as set out in the following table: Completed Full Years of Seniority Amount ($) 11 to 20 The ten year allowance plus $325.00 for each completed full year of seniority over 10 21 and over The twenty year allowance plus $415.00 for each completed full year of seniority over 20 In addition, employees whose combined full years of age and seniority as of their date of lay-off total sixty-five (65), will be entitled to a supplement of twenty-two thousand five hundred ($2,500.00) dollars plus an additional one hundred twenty-five ($125.00) dollars for each year that the combined total exceeds sixty-five (65). 18.2 When employees are paid separation allowance under the provisions of this Article, their seniority and employment relationship with the Company is terminated and they shall have no further rights under this Agreement or under any other Agreement between the signing parties. 18.3 If an employee is eligible to be paid separation allowance under the provisions of this Article, he/she they will continue to have coverage in the Group Life Insurance, Dental Dental, and Extended Health Care plans for a period of six (6) months following the month in which the employee is laid off. Such coverage will continue on the same basis as existed at the time that the employee was laid off.

Plant Closing. 18.1 If the plant is permanently closed, a separation allowance will be paid to employees subject to the following: (a) They have one (1) or more years of seniority as of their date of lay-off. (b) They are actively at work with the Company and accumulating seniority or have been laid off within the thirty (30) day period preceding the date that the closing is announced. An employee on a leave of absence which was granted by the Company under Article 11.10 and employees who are not actively at work with the Company but are absent from work and receiving weekly Workers’ Compensation or Sick Pay payments, will also be eligible. (c) They have not reached their sixty-fifth (65th) birthday. (d) The closing is not brought about by war, strike, walkout, work stoppage, slow-down or other cessation of work, fire, government action or Act of God. (e) In order to qualify for separation allowance, employees must continue to work in a satisfactory manner as long as required. (f) Eligible employees will receive a separation allowance based on their completed full years of seniority as of their date of lay- off as set out in the following table: 11 to 20 The ten year allowance plus $325.00 for each completed full year of seniority over 10 21 and over The twenty year allowance plus $415.00 for each completed full year of seniority over 20 In addition, employees whose combined full years of age and seniority as of their date of lay-off total sixty-five (65), will be entitled to a supplement of twenty-two thousand, five hundred ($2,500.00) dollars plus an additional one hundred twenty-five ($125.00) dollars for each year that the combined total exceeds sixty-five (65). 18.2 When employees are paid separation allowance under the provisions of this Articlearticle, their seniority and employment relationship with the Company is terminated and they shall have no further rights under this Agreement or under any other Agreement between the signing parties. 18.3 If an employee is eligible to be paid separation allowance under the provisions of this Articlearticle, he/she will continue to have coverage in the Group Life Insurance, Dental and Extended Health Care plans for a period of six (6) months following the month in which the employee is laid off. Such coverage will continue on the same basis as existed at the time that the employee was laid off.

Plant Closing. 18.1 If the plant is permanently closed, a separation allowance will be paid to employees subject to the following: (a) They have one (1) or more years of seniority as of their date of lay-off. (b) They are actively at work with the Company and accumulating seniority or have been laid off within the thirty (30) day period preceding the date that the closing is announced. An employee on a leave of absence which was granted by the Company under Article 11.10 and employees who are not actively at work with the Company but are absent from work and receiving weekly Workers’ Compensation or Sick Pay payments, will also be eligible. (c) They have not reached their sixty-fifth (65th) birthday. (d) The closing is not brought about by war, strike, walkout, work stoppage, slow-down or other cessation of work, fire, government action action, or Act of God. (e) In order to qualify for separation allowance, employees must continue to work in a satisfactory manner as long as required. (f) Eligible employees will receive a separation allowance based on their completed full years of seniority as of their date of lay- off as set out in the following table: Completed Full Years of Seniority Amount ($) 11 to 20 The ten year allowance plus $325.00 for each completed full year of seniority over 10 21 and over The twenty year allowance plus $415.00 for each completed full year of seniority over 20 In addition, employees whose combined full years of age and seniority as of their date of lay-off total sixty-five (65), will be entitled to a supplement of twenty-two thousand five hundred ($2,500.00) dollars plus an additional one hundred twenty-five ($125.00) dollars for each year that the combined total exceeds sixty-five (65). 18.2 When employees are paid separation allowance under the provisions of this Articlearticle, their seniority and employment relationship with the Company is terminated and they shall have no further rights under this Agreement or under any other Agreement between the signing parties. 18.3 If an employee is eligible to be paid separation allowance under the provisions of this Articlearticle, he/she will continue to have coverage in the Group Life Insurance, Dental Dental, and Extended Health Care plans for a period of six (6) months following the month in which the employee is laid off. Such coverage will continue on the same basis as existed at the time that the employee was laid off.