Common use of Severance Pay Entitlement Clause in Contracts

Severance Pay Entitlement. 11.6.1.1 All permanent regular employees shall be entitled to severance pay should their employment be terminated by the employer in accordance with Article 11, (Reduction, Severance Pay and Recall). 11.6.1.2 Instructors who receive permanent regular appointments as per Article 4.9, (Change in Type of Appointment), shall be entitled to severance pay 3 years after appointment to permanent regular status. 11.6.1.3 Probationary regular instructors shall be entitled to severance pay immediately upon appointment to permanent regular status. 11.6.1.4 Employees eligible for severance pay shall have the option to take severance pay: at the time of layoff; at the expiration of their recall period or during their recall period. Employees who take severance pay shall forfeit all rights to recall. 11.6.1.5 Severance pay shall not be granted to permanent regular employees whose employment as employees is discontinued and who, of their own volition, transfer to other continuous employment with the College.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!