Common use of Severance Refund Clause in Contracts

Severance Refund. If a laid off employee who was on a continuous appointment is recalled during the six (6) month period following termination or who is appointed to a vacancy within the bargaining unit, he/she will refund to the College the portion of severance that exceeds one (1) month's severance for each month's severance or percentage thereof for each month of layoff. An employee who was on a continuous appointment and who receives severance and is recalled or who is appointed to a vacancy within in the bargaining unit will have his/her years of service for the purpose of future severance payments recalculated beginning with the employee's start date for the position to which he or she was recalled.

Severance Refund. If a laid off employee who was on a continuous appointment is recalled during the six (6) month period following termination or who is appointed to a vacancy within the bargaining unit, he/she they will refund to the College the portion of severance that exceeds one (1) month's severance for each month's severance or percentage thereof for each month of layoff. An employee who was on a continuous appointment and who receives severance and is recalled or who is appointed to a vacancy within in the bargaining unit will have his/her their years of service for the purpose of future severance payments recalculated beginning with the employee's start date for the position to which he or she was they were recalled.

Severance Refund. ‌ If a laid off employee who was on a continuous appointment is recalled during the six (6) month period following termination or who is appointed to a vacancy within the bargaining unit, he/she they will refund to the College the portion of severance that exceeds one (1) month's severance for each month's severance or percentage thereof for each month of layoff. An employee who was on a continuous appointment and who receives severance and is recalled or who is appointed to a vacancy within in the bargaining unit will have his/her their years of service for the purpose of future severance payments recalculated beginning with the employee's start date for the position to which he or she was they were recalled.