Common use of Severance Pay Options Upon Layoff Clause in Contracts

Severance Pay Options Upon Layoff. An employee who is displaced and/or laid off pursuant to Article 39 and who is thus eligible for severance pay under this Article shall be accorded the following options: (a) accept full severance pay at the time of the layoff; or (b) accept severance pay in bi-weekly installments; or (c) accept severance pay in full at any time during or at the conclusion of the recall period as defined in Article 39.

Severance Pay Options Upon Layoff. An employee Employee who is displaced and/or laid off pursuant to this Article 39 and who is thus eligible for severance pay under this Article shall be accorded the following options: (a) accept full severance pay at the time of the layoff; or (b) accept severance pay in bisemi-weekly monthly installments; or (c) accept severance pay in full at any time during or at the conclusion of the recall period as defined in Article 3919.

Severance Pay Options Upon Layoff. An employee Employee who is displaced and/or laid off pursuant to Article 39 40 and who is thus eligible for severance pay under this Article shall be accorded the following options: (a) accept full severance pay at the time of the layoff; , or (b) accept severance pay in bisemi-weekly monthly installments; or (c) accept severance pay in full at any time during or at the conclusion of the recall period periods as defined in Article 3940.

Severance Pay Options Upon Layoff. An employee who is displaced and/or laid off pursuant to this Article 39 and who is thus eligible for severance pay under this Article shall be accorded the following options:; once severance pay is accepted this indicates that the employee is breaking ties with the organization and will no longer be on a recall list (a) accept full severance pay at the time of the layoff; or (b) or accept severance pay in bi-weekly installments; or (c) accept severance pay in full at any time during or at the conclusion of the recall period as defined in Article 39.

Severance Pay Options Upon Layoff. ‌ An employee Employee who is displaced and/or laid off pursuant to this Article 39 and who is thus eligible for severance pay under this Article shall be accorded the following options: (a) accept full severance pay at the time of the layoff; or (b) accept severance pay in bisemi-weekly monthly installments; or (c) accept severance pay in full at any time during or at the conclusion of the recall period as defined in Article 3919.

Severance Pay Options Upon Layoff. An employee who is displaced and/or laid off pursuant to this Article 39 and who is thus eligible for severance pay under this Article shall be accorded the following options:; once severance pay is accepted this indicates that the employee is breaking ties with the organization and will no longer be on a recall list (a) accept full severance pay at the time of the layoff; or (b) accept severance pay in bi-weekly installments; or (c) accept severance pay in full at any time during or at the conclusion of the recall period as defined in Article 3919.

Severance Pay Options Upon Layoff. An employee Employee who is displaced and/or laid off pursuant to Article 39 and who is thus eligible for severance pay under this Article shall be accorded the following options: (a) accept full severance pay at the time of the layoff; or (b) accept severance pay in bi-weekly installments; or (c) accept severance pay in full at any time during or at the conclusion of the recall period as defined in Article 39.

Severance Pay Options Upon Layoff. An employee who is displaced and/or laid off pursuant to this Article 39 and who is thus eligible for severance pay under this Article shall be accorded the following options:; once severance pay is accepted this indicates that the employee is breaking ties with the organization and will no longer be on a recall list (a) accept full severance pay at the time of the layoff; or (b) accept severance pay in bi-weekly installments; or (c) accept severance pay in full at any time during or at the conclusion of the recall period as defined in Article 3919.

Severance Pay Options Upon Layoff. An employee Employee who is displaced and/or laid off pursuant to this Article 39 and who is thus eligible for severance pay under this Article shall be accorded the following options: (a) accept full severance pay at the time of the layoff; or (b) accept severance pay in bi-weekly installments; or (c) accept severance pay in full at any time during or at the conclusion of the recall period as defined in Article 3919.