Common use of Selection of Option Clause in Contracts

Selection of Option. (a) The Employer will advise the employee of his or her years of continuous employment no later than three (3) months following October 31, 2016. (b) The employee shall advise the Employer of the term of payment option selected within six (6) months from October 31, 2016. (c) The employee who opts for the option described in paragraph 61.05(c) must specify the number of complete weeks to be paid out pursuant to paragraph 61.05(a) and the remainder to be paid out pursuant to paragraph 61.05(b). (d) An employee who does not make a selection under paragraph 61.06(b) will be deemed to have chosen option 61.05(b).

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Selection of Option. (a) The Employer employer will advise the employee of his or her years of continuous employment no later than three (3) months following October 31June 30, 20162013. (b) The employee shall advise the Employer employer of the term of payment option selected within six (6) months from October 31no later than September 30, 20162013. (c) The employee who opts for selects the option described in paragraph 61.05(c32.05(c) must specify the number of complete weeks to be paid out pursuant to paragraph 61.05(a32.05(a) and the remainder to be paid out pursuant to paragraph 61.05(b32.05(b). (d) An employee who does not make a selection under paragraph 61.06(b32.06(b) will be deemed to have chosen the option 61.05(bin paragraph 32.05(b).

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

Selection of Option. (a) The Employer will advise the employee of his or her years of continuous employment service no later than three (3) months following October 31from December 27, 20162014. (b) The employee shall advise the Employer of the term of payment option selected within six (6) months from October 31December 27, 20162014. (c) The employee who opts for the option described in paragraph 61.05(c44.11(c) must specify the number of complete weeks to be paid out pursuant to paragraph 61.05(a44.11(a) and the remainder to shall be paid out pursuant to paragraph 61.05(b44.11(b). (d) An employee who does not make a selection under paragraph 61.06(b44.12(b) will be deemed to have chosen option 61.05(b44.11(b).

Appears in 1 contract

Samples: Collective Agreement

Selection of Option. (a) The Employer will advise the employee of his or her years of continuous employment no later than three (3) months following October 31May 1, 20162013. (b) The employee shall advise the Employer of the term of payment option selected within six (6) months from October 31no later than August 1, 20162013. (c) The employee who opts for the option described in paragraph 61.05(c22.03.1c) must specify the number of complete weeks to be paid out pursuant to paragraph 61.05(a22.03.1a) and the remainder to be paid out pursuant to paragraph 61.05(b22.03.1b). (d) An employee who does not make a selection under paragraph 61.06(b22.03.2b) will be deemed to have chosen option 61.05(b22.03.1b).

Appears in 1 contract

Samples: Collective Agreement

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Selection of Option. (a) The Employer employer will advise the employee of his or her years of continuous employment no later than three (3) months following October 31January 10, 20162014. (b) The employee shall advise the Employer employer of the term of payment option selected within six (6) months from October 31no later than April 10, 20162014. (c) The employee who opts for selects the option described in paragraph 61.05(c24.05(c) must specify the number of complete weeks to be paid out pursuant to paragraph 61.05(a24.05(a) and the remainder to be paid out pursuant to paragraph 61.05(b24.05(b). (d) An employee who does not make a selection under paragraph 61.06(b24.06(b) will be deemed to have chosen the option 61.05(bin paragraph 24.05(b).

Appears in 1 contract

Samples: Collective Agreement

Selection of Option. β€Œ (a) The Employer will advise the employee of his or her years of continuous employment no later than three four (34) months following October 31July 2, 20162013. (b) The employee shall advise the Employer of the term of payment option selected within six (6) months from October 31July 2, 20162013. (c) The employee who opts for the option described in paragraph 61.05(c) must specify the number of complete weeks to be paid out pursuant to paragraph 61.05(a) and the remainder to be paid out pursuant to paragraph 61.05(b). (d) An employee who does not make a selection under paragraph 61.06(b) will be deemed to have chosen option 61.05(b).23.06

Appears in 1 contract

Samples: Collective Agreement

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