Common use of Statutory Holiday Clause in Contracts

Statutory Holiday. For employees participating in Progressive Retirement, payment for Statutory Holidays will be governed as follows: Employees who work the Holiday or are entitled to time and one-half for the actual hours worked plus 1/20th of the wages earned in the four-week period immediately before the week in which the holiday occurs OR regular wages for the actual hours worked plus a holiday with pay at a later date. o An employee not required to work will be paid 1/20th of the wages earned in the four-week period immediately before the week in which the holiday occurs • Under this arrangement, Seniority will be protected and Dues will be deducted as per the terms of the USW Constitution. • Reduction in staff will be done in accordance with Article 5.3 of the Collective Agreement unless otherwise mutually agreed. • Employees participating in Progressive Retirement are entitled to Bereavement Leave. For clarity, such leave will not be moved to working days. Both Parties recognize that the Progressive Retirement program is new to Canpar and that the USW agreement governs multiple worksites with different schedules, hours of work and practices. As such these programs may need to be altered to obtain the desired outcomes. Accordingly, the parties agree that the terms of the program will not form part of the collective agreement and may be modified upon mutual agreement to meet the needs of each work location. In implementing this program, representatives from the Company, USW and local management will meet as required to review issues and assess the programs. Agreed in Toronto on June , 2016 Xxxxx Xxxxx / Xxxx Xxx Vice-President/Financial Secretary Sr. Vice-President, Operations TC Local 1976 (USW) Canpar Transport L.P.