Statutory Waiting Period. At least fifty (50) days shall have elapsed after the filing of the Merger Proposal with the Companies Registrar and at least thirty (30) days shall have elapsed after the Company Shareholder Approval has been received.
Statutory Waiting Period. FA must use accrued sick leave hours, if available; or • At FA’s option, s/he may use vacation time when sick leave hours have been exhausted • If a FA receives retroactive payments of Workers’ Compensation benefits for the statutory waiting period, s/he will be required to reimburse the Company for any sick leave and vacation used during such period. • In addition to receiving Workers’ Compensation benefits, a FA must select a physician from the Preferred Provider Network (PPN) to be eligible for salary continuance, except in the following cases:- • S/he lives in a state where the Company chooses not to participate in a PPN • The state does not have a PPN • The FA’s primary residence is more than 45 miles from the nearest PPN provider • The amount of a FA’s salary continuance will be equal to her/his six (6) month average but in no case shall s/he receive an amount greater than one hundred and ten (110) hours • A FA’s salary continuance will be offset by her/his Workers’ Compensation benefits • FAs shall be eligible to receive salary continuance for up to six (6) months • If a FA sustains injuries as a direct consequence of an aircraft accident that results in substantial aircraft damage or a single fatality, s/he will be eligible to receive salary continuance for up to thirty six (36) months • If a FA sustains injuries or disabilities as a direct consequence of an aircraft accident that results in substantial aircraft damage with a single fatality or multiple fatalities without substantial aircraft damage, s/he will be eligible to receive seventy-five (75) hours of pay per month for a period not to exceed the length of her/his service, and such payment will end at age 65 or on the date of separation from the Company, whichever is earlier.
