Scale of Allowance. An eligible individual shall receive severance allowance based on one (1) week of pay for each year of continuous Company service up to a maximum of twenty-six (26) weeks.
Scale of Allowance. An eligible individual shall receive severance allowance based upon the following weeks for corresponding continuous Company service: Continuous Company Service Weeks of Severance Allowance 3 years but less than 5 years 2 5 years but less than 10 years 3 10 years or more 4
Scale of Allowance. An eligible individual shall receive sever- ance allowance based on one week of pay for each year of continuous Company ser- vice up to a maximum of twenty-six weeks. Calculation of Allowance A week’s severance allowance shall be determined in accordance with the provi- sions for calculation of vacation allowance as set forth in the vacations article of this Agreement.
Scale of Allowance. An eligible employee will receive a severance allowance based on his seniority at the time of termination as follows:
Scale of Allowance. An eligible employee will receive a severance allowance based on his seniority at the time of termination as follows: Weeks of Severance Seniority as of Date of Termination Allowance 1 year but less than 2 years 2 weeks 2 years but less than 5 years 4 weeks 5 years but less than 10 years 6 weeks 10 years but less than 20 years 8 weeks 20 years or more 12 weeks 150. Calculation of Allowance — A week of severance allowance will be calculated in accordance with the provisions for calculating a week of paid vacation as set forth in Article V of the Agreement. 151. Payment of Severance Allowance — Payment of any severance allowance for which an employee may be eligible will be made in a lump sum at the time of termination.
Scale of Allowance. An eligible individual shall receive shut down allowance based upon the following weeks for the corresponding continuous company service.
Scale of Allowance. An eligible individual shall receive severance allowance based upon the following weeks for the corresponding continuous Company service:
Scale of Allowance. An eligible individual shall receive severance allowance based on three (3) weeks pay per year of continuous company service.
