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 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 will be paid an adjusted rate which will be midway between the rate of his regular job at the time of the setback and the rate of his new regular job. At the end of this six (6) month period the rate of his new regular job will apply. However, such employee will have the option of terminating his employment and accepting severance pay as outlined in Section 3 below, either at the time of layoff or at the point his seniority retention expires. 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 will receive the rate of his regular job at the time of the setback of a period of three (3) months and for a further period of three (3) months he will be paid an adjusted rate which will be midway between the rate of his regular job at the time of the setback and the rate of his new regular job. At the end of this six (6) month period the rate of 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 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 will be paid an adjusted rate which will be midway between the rate of his regular job at the time of the setback and the rate of his new regular job. At the end of this six (6) -month period the rate of his new regular job will apply. However, such employee will have the option of terminating his employment and accepting severance pay as outlined in Section 3 5 below, either at providing he exercises this option within the time of layoff or at the point his seniority retention expiresabove-referred-to 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 18 - Seniority, Seniority brought on by mechanization, technological change or automation, automation he will receive the rate of his regular job at the time of the setback of for a period of three (3) months and for a further period of three (3) months he will be paid an adjusted rate which will be midway between the rate of his regular job at the time of the setback and the rate of his new regular job. At the end of this six (6) -month period the rate of 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 their 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 they will be paid an adjusted rate which will be midway between the rate of his their regular job at the time of the setback and the rate of his their new regular job. At the end of this six (6) month period the rate of his their new regular job will apply. However, such employee will have the option of terminating his their employment and accepting severance pay as outlined in Section 3 4 below, either at providing they exercises this option within the time of layoff or at the point his seniority retention expiresabove 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 they will receive the rate of his their regular job at the time of the setback of for a period of three (3) months and for a further period of three (3) months he they will be paid an adjusted rate which will be midway between the rate of his their regular job at the time of the setback and the rate of his their new regular job. At the end of this six (6) month period the rate of his their 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 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 will be paid an adjusted rate which will be midway between the rate of his regular job at the time of the setback and the rate of his new regular job. At the end of this six (6) -month period the rate of his new regular job will apply. However, such employee will have the option of terminating his employment and accepting severance pay as outlined in Section 3 5 below, either at providing he exercises this option within the time of layoff or at the point his seniority retention expiresabove-referred-to 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 15 - Seniority, Seniority brought on by mechanization, technological change or automation, automation he will receive the rate of his regular job at the time of the setback of for a period of three (3) months and for a further period of three (3) months he will be paid an adjusted rate which will be midway between the rate of his regular job at the time of the setback and the rate of his new regular job. At the end of this six (6) -month period the rate of 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 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 will be paid an adjusted rate which will be midway between the rate of his regular job at the time of the setback and the rate of his new regular job. At the end of this six (6) six- month period the rate of his new regular job will apply. However, such employee will have the option of terminating his employment and accepting severance pay as outlined in Section 3 5 below, either at providing he exercises this option within the time of layoff or at the point his seniority retention expiresabove-referred-to six- 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 XV - Seniority, Seniority brought on by mechanization, technological change or automation, he will receive the rate of his regular job at the time of the setback of for a period of three (3) months and for a further period of three (3) months he will be paid an adjusted rate which will be midway between the rate of his regular job at the time of the setback and the rate of his new regular job. At the end of this six (6) six-month period the rate of 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 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 will be paid an adjusted rate which will be midway between the rate of his regular job at the time of the setback and the rate of his new regular job. At the end of this six (6) six-month period the rate of his new regular job will apply. However, such employee will have the option of terminating his employment and accepting severance pay as outlined in Section 3 5 below, either at providing he exercises this option within the time of layoff or at the point his seniority retention expiresabove-referred-to six 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, XIII – Seniority brought on by mechanization, technological change or automation, automation he will receive the rate of his regular job at the time of the setback of for a period of three (3) months and for a further period of three (3) months he will be paid an adjusted rate which will be midway between the rate of his regular job at the time of the setback and the rate of his new regular job. At the end of this six (6) six-month period the rate of 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 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 will be paid an adjusted rate which will be midway between the rate of his regular job at the time of the setback and the rate of his new regular job. At the end of this six (6) -month period the rate of his new regular job will apply. However, such employee will have the option of terminating his employment and accepting severance pay as outlined in Section 3 5 below, either at providing he exercises this option within the time of layoff or at the point his seniority retention expiresabove-referred-to 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 XVI - Seniority, Seniority brought on by mechanization, technological change or automation, automation he will receive the rate of his regular job at the time of the setback of for a period of three (3) months and for a further period of three (3) months he will be paid an adjusted rate which will be midway between the rate of his regular job at the time of the setback and the rate of his new regular job. At the end of this six (6) -month period the rate of his new regular job will apply.