Common use of Rate Adjustment Clause in Contracts

Rate Adjustment. a) An employee who is set back to a lower paid job because of mechanization, technological change or automation will receive the rate of his/her regular job at the time of the setback for a period of three (3) months and for a further period of three (3) months he/she will be paid an adjusted rate which will be midway between the rate of his/her regular job at the time of the setback and the rate of his/her new regular job. At the end of this six (6) month period the rate of his/her new job will apply. However, such employee will have the option of terminating his/her employment and accepting severance pay as outlined in Section 3 below, providing he/she exercises this option within the above referred to six (6) month period. b) Following an application of a) above, where an employee is set back to a lower paid job because of an application of Article VIII - Seniority brought on by mechanization, technological change or automation he/she will receive the rate of his/her regular job at the time of the setback for a period of three (3) months and for a further three (3) months he/she will be paid an adjusted rate which will be midway between the rate of his/her regular job at the time of the setback and the rate of his/her new regular job. At the end of this six (6) month period the rate of his/her new regular job will apply.

Rate Adjustment. (a) An employee who is set back to a lower paid job because of mechanization, technological change or automation will receive the rate of his/her his regular job at the time of the setback for a period of three (3) months and for a further period of three (3) months he/she he will be paid an adjusted rate which will be midway between the rate of his/her his regular job at the time of the setback and the rate of his/her his new regular job. At the end of this six (6) -month period the rate of his/her his new regular job will apply. However, such employee will have the option of terminating his/her his employment and accepting severance pay as outlined in Section 3 5 below, providing he/she he exercises this option within the above referred above-referred-to six (6) -month period. (b) Following an application of (a) above, where an employee is set back to a lower paid job because of an application of Article VIII XX - Seniority brought on by mechanization, technological change or automation he/she he will receive the rate of his/her his regular job at the time of the setback for a period of three (3) months and for a further period of three (3) months he/she he will be paid an adjusted rate which will be midway between the rate of his/her his regular job at the time of the setback and the rate of his/her his new regular job. At the end of this six (6) -month period the rate of his/her his new regular job will apply.

Rate Adjustment. (a) An employee Employee who is set back to a lower paid job because of mechanization, technological change or automation will receive the rate of his/her his regular job at the time of the setback for a period of three (3) months and for a further period of three (3) months he/she he will be paid an adjusted rate which will be midway between the rate of his/her his regular job at the time of the setback and the rate of his/her his new regular job. At the end of this six (6) month period the rate of his/her his new regular job will apply. However, such employee Employee will have the option of terminating his/her his employment and accepting severance pay as outlined in Section 3 below2 above, providing he/she he exercises this option within the above referred to six (6) month period. (b) Following an application of (a) above, where an employee Employee is set back to a lower paid job because of an application of Article VIII X - Seniority brought on by mechanization, technological change or automation he/she he will receive the rate of his/her his regular job at the time of the setback for a period of three (3) months and for a further period of three (3) months he/she he will be paid an adjusted rate which will be midway between the rate of his/her his regular job at the time of the setback and the rate of his/her his new regular job. At the end of this six (6) month period the rate of his/her his new regular job will apply.

Rate Adjustment. (a) An employee who is set back to a lower paid job because of mechanization, technological change or automation will receive the rate of his/her his regular job at the time of the setback for a period of three (3) months and for a further period of three (3) months he/she he will be paid an adjusted rate which will be midway between the rate of his/her his regular job at the time of the setback and the rate of his/her his new regular job. At the end of this six (6) month period the rate of his/her his new regular job will apply. However, such employee will have the option of terminating his/her his employment and accepting severance pay as outlined in Section 3 4 below, providing he/she he exercises this option within the above above-referred to six (6) month period. (b) Following an application of (a) above, where an employee is set back to a lower paid job because of an application of Article VIII XVIII - Seniority Seniority, brought on by mechanization, technological change or automation he/she automation, he will receive the rate of his/her his regular job at the time of the setback for a period of three (3) months and for a further period of three (3) months he/she he will be paid an adjusted rate which will be midway between the rate of his/her his regular job at the time of the setback and the rate of his/her his new regular job. At the end of this six (6) month period period, the rate of his/her his new regular job will apply.

Rate Adjustment. ‌ a) An employee Officer who is set back to a lower paid job because of mechanization, technological change or automation will receive the rate of his/her regular job at the time of the setback for a period of three (3) months and for a further period of three (3) months he/she will be paid an adjusted rate which will be midway between the rate of his/her regular job at the time of the setback and the rate of his/her new regular job. At the end of this six (6) month period period, the rate of his/her new regular job will apply. However, such employee Officer will have the option of terminating his/her employment and accepting severance pay as outlined in Section 3 below2 above, providing he/she exercises this option within the above referred above-referred-to six (6) month period. b) Following an application of (a) above, where an employee Officer is set back to a lower paid job because of an application of Article VIII - Seniority 18 – Seniority, brought on by mechanization, technological change or automation he/she will receive the rate of his/her regular job at the time of the setback for a period of three (3) months and for a further period of three (3) months he/she will be paid an adjusted rate which will be midway between the rate of his/her regular job at the time of the setback and the rate of his/her new regular job. At the end of this six (6) month period the rate of his/her new regular job will apply.six

Rate Adjustment. (a) An employee who is set back to a lower paid job because of mechanization, technological change or automation automation, will receive the rate of his/her his regular job at the time of the setback for a period of three (3) months and for a further period of three (3) months he/she months, he will be paid an adjusted rate which will be midway between the rate of his/her his regular job at the time of the setback and the rate of his/her his new regular job. At the end of this six (6) month period period, the rate of his/her his new regular job will apply. However, such employee will have the option of terminating his/her his employment and accepting severance pay as outlined in Section 3 below2 above, providing he/she he exercises this option within the above referred above-referred-to six (6) month period. (b) Following an application of (a) above, where an employee is set back to a lower paid job because of an application of Article VIII 7 - Seniority brought on by mechanization, technological change or automation he/she automation, he will receive the rate of his/her his regular job at the time of the setback for a period of three (3) months and for a further period of three (3) months he/she months, he will be paid an adjusted rate which will be midway between the rate of his/her his regular job at the time of the setback and the rate of his/her his new regular job. At the end of this six (6) month period period, the rate of his/her his new regular job will apply.

Rate Adjustment. (a) An employee who is set back to a lower paid job because be- cause of mechanization, technological change or automation au- tomation will receive the rate of his/her his regular job at the time of the setback for a period of three (3) months and for a further period of three (3) months he/she he will be paid an adjusted rate which will be midway between the rate of his/her his regular job at the time of the setback and the rate of his/her his new regular job. At the end of this six (6) -month period the rate of his/her his new regular job will apply. However, such employee will have the option of terminating his/her his employment and accepting severance sever- ance pay as outlined in Section 3 5 below, providing he/she he exercises this option within the above referred above-referred-to six (6) -month period. (b) Following an application of (a) above, where an employee em- ployee is set back to a lower paid job because of an application of Article VIII XX - Seniority brought on by mechanization, technological change or automation he/she he will receive the rate of his/her his regular job at the time of the setback for a period of three (3) months and for a further period of three (3) months he/she he will be paid an adjusted rate which will be midway between the rate of his/her his regular job at the time of the setback and the rate of his/her his new regular job. At the end of this six (6) -month period the rate of his/her his new regular job will apply.

Rate Adjustment. (a) An employee Employee who is set back to a lower paid job because of mechanization, technological change or automation will receive the rate of his/her his regular job at the time of the setback for a period of three (3) months and for a further period of three (3) months he/she he will be paid an adjusted rate which will be midway between the rate of his/her his regular job at the time of the setback and the rate of his/her his new regular job. At the end of this six (6) month period the rate of his/her his new regular job will apply. However, such employee Employee will have the option of terminating his/her his employment and accepting severance pay as outlined in Section 3 below2 above, providing he/she he exercises this option within the above referred to six (6) month period. (b) Following an application of (a) above, where an employee Employee is set back to a lower paid job because of an application of Article VIII X - Seniority brought on by mechanizationmech- anization, technological change or automation he/she he will receive the rate of his/her his regular job at the time of the setback set- back for a period of three (3) months and for a further period of three (3) months he/she he will be paid an adjusted rate which will be midway between the rate of his/her his regular job at the time of the setback and the rate of his/her his new regular job. At the end of this six (6) month period the rate of his/her his new regular job will apply.