Termination Allowances. 1. Active employees and employees on the recall list as of May 31, 2003, who were LAID OFF during the term of the General Agreement dated June 1, 2003, shall be granted a TERMINATION ALLOWANCE in accordance with the following schedule in Paragraph 1. TERM OF EMPLOYMENT TERMINATION ALLOWANCE TERM OF EMPLOYMENT TERMINATION ALLOWANCE TERM OF EMPLOYMENT TERMINATION ALLOWANCE At Date of Number of At Date of Number of At Date of Number of LAYOFF Weeks’ Pay LAYOFF Weeks’ Pay LAYOFF Weeks’ Pay Less than 1 year 0 11 years 15 22 years 55 1 year 1 12 “ 17 23 “ 60 2 years 2 13 “ 19 24 “ 65 3 “ 3 14 “ 21 25 “ 70 4 “ 4 15 “ 24 26 “ 75 5 “ 5 16 “ 28 27 “ 80 6 “ 6 17 “ 32 28 “ 85 7 “ 7 18 “ 36 29 “ 90 8 “ 9 19 “ 40 30 “ 95 9 “ 11 20 “ 45 31 “ 100 10 “ 13 21 “ 50 32 “ or more 104 Continuous Service Since
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