Common use of Severance Termination Clause in Contracts

Severance Termination. (a) Continuous status employees on the date of signature of the collective agreement shall be entitled to a severance payment equal to one (1) week's pay for each complete year of continuous employment and, in the case of a partial year of continuous employment, one (1) week's pay multiplied by the number of days of continuous employment divided by three hundred and sixty-five (365), to a maximum of thirty (30) weeks.

Severance Termination. (a) Continuous status employees on at the date of signature of the collective agreement shall be entitled to a severance payment equal to one (1) week's ’s pay for each complete year of continuous employment and, in the case of a partial year of continuous employment, one (1) week's ’s pay multiplied by the number of days of continuous employment divided by three hundred and sixty-five (365), to a maximum of thirty (30) weeks.

Severance Termination. (a) Continuous status Subject to clause 19.02, indeterminate employees on the date of signature of the signing this collective agreement shall be entitled to a severance payment equal to two (2) weeks’ pay for the first complete year of continuous employment plus one (1) week's pay for each complete year of continuous employment and, in the case of a partial year of continuous employment, one (1) week's pay multiplied by the number of days of continuous employment divided by three hundred and sixty-five (365)thereafter, to a maximum of thirty (30) weeks.

Severance Termination. (a) Continuous status employees on at the date of signature of the collective agreement shall be entitled to a severance payment equal to one (1) week's pay for each complete year of continuous employment and, in the case of a partial year of continuous employment, one (1) week's pay multiplied by the number of days of continuous employment divided by three hundred and sixty-five (365), to a maximum of thirty (30) weeks.