Common use of TICKET BONUS Clause in Contracts

TICKET BONUS. 41.01 (a) Those employees who, on December 31, 1998, were being paid a ticket bonus, under provisions of the 1997- 1998 collective agreement, will continue to be paid the ticket bonus. (b) An employee’s entitlement to a ticket bonus under paragraph (a) ends when the employee: (i) leaves the employ of the Company (ii) moves from the Job the employee was in on December 31, 1998 to a Job where a ticket bonus was not payable as of that date (iii) ceases to hold a valid ticket or (iv) if a steam plant operator progresses or is promoted to a position where a ticket bonus would not have been payable on December 31, 1998. (c) Where an employee was receiving two ticket bonus payments on December 31, 1998, each ticket will be dealt with separately for the purpose of determining continued eligibility under paragraph (b).

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Employment Agreement

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TICKET BONUS. 41.01 (a) Those employees who, on December 31, 1998, were being paid a ticket bonus, bonus under provisions of the 1997- 1997-1998 collective agreement, agreement will continue to be paid the ticket bonus. (b) An employee’s entitlement to a ticket bonus under paragraph (a) ends when the employee: (i) leaves the employ of the Company (ii) moves from the Job the employee was in on December 31, 1998 to a Job where a ticket bonus was not payable as of that date (iii) ceases to hold a valid ticket or (iv) if a steam plant operator operator, progresses or is promoted to a position where a ticket bonus would not have been payable on December 31, 1998. (c) Where an employee was receiving two ticket bonus payments on December 31, 1998, each ticket will be dealt with separately for the purpose of determining continued eligibility under paragraph (b).

Appears in 1 contract

Samples: Collective Bargaining Agreement

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