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 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 5 below, providing he exercises this option within the above-referred-to 6-month period.
RATE ADJUSTMENTS 1, Taxes applicable to the gas delivered to Buyer hereunder as are In effect on January 1st immediately preceaing the effecfive date of these terms and conditions shall be added to Buyer's xxxx. The term as used herein shall mean any tax, license fee, or charge applicable 10 the gas delivered hereunder, imposed on Seller by any governmental authorJty on such gas. If the existing rate of any such tax in effect on January 1st, immediately preceding the effective date of these terms and conditions, be hereafter increased or decreased, or jf any tax herefofore In effector hereafter be imposed or repealed, the resulting Increase or decrease in such taxes, computed on acents perdekatherm basis, shan be reflecled, as the case may be, on Buyer'S xxxx.
Wage Adjustment Notwithstanding any provision in this Agreement on the contrary, the wages of employees shall be reduced by the amount of employee contributions made by the employer pursuant to the provisions hereof.
Non pre-priced Adjustment Factor To be applied to Work determined not to be included in the CTC but within the general scope of the work: 1.2750.
