Common use of Security of Employment Clause in Contracts

Security of Employment. 29.1 In the event of dissolution of the Association with no simultaneous creation of a similar group with similar objectives, all Employees terminated as a result of the dissolution shall be entitled to a lump-sum payment equal to thirty-four (34) weeks’ pay at the employee's nominal salary.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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Security of Employment. 29.1 In the event of dissolution of the Association with no simultaneous creation of a similar group with similar objectives, all Employees terminated as a result of the dissolution shall be entitled to a lump-sum payment equal to thirty-four (34) weeks’ pay at the employee's nominal salary.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Security of Employment. 29.1 28.1 In the event of dissolution of the Association with no simultaneous creation of a similar group with similar objectives, all Employees terminated as a result of the dissolution shall be entitled to a lump-sum payment equal to thirty-four (34) weeks’ weeks pay at the employee's nominal salary.

Appears in 1 contract

Samples: Collective Agreement

Security of Employment. 29.1 In the event of dissolution of the Association with no simultaneous creation of a similar group with similar objectives, all Employees terminated as a result of the dissolution shall be entitled to a lump-sum payment equal to thirty-four (34) weeks’ pay at the employee's thirty- nominal salary.

Appears in 1 contract

Samples: Collective Agreement

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Security of Employment. 29.1 In the event of dissolution of the Association with no simultaneous creation of a similar group with similar objectives, all Employees terminated as a result of the dissolution shall be entitled to a lump-sum lump‐sum payment equal to thirty-four thirty‐four (34) weeks’ pay at the employee's nominal salary.

Appears in 1 contract

Samples: Collective Agreement

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