Common use of Transition Rule Clause in Contracts

Transition Rule. For any employee who (i) is employed by subsidiary- United immediately prior to January 1, 2015, (ii) is at least age 55 on January 1, 2015, and (iii) retires under Section K.1 above, on the date such employee retires the Company will credit the employee’s sick bank with 528 hours (inclusive of any existing sick hours in the employee’s sick bank on the date such employee retires), reduced by the number of sick bank hours the employee uses between January 1, 2015 and the date the employee would turn age 61.

Transition Rule. For any employee who (i) is employed by subsidiary- United immediately prior to January 1, 2015the Effective Date of this Agreement, (ii) is at least age 55 on January 1, 2015the Effective Date of this Agreement, and (iii) retires under Section K.1 above, on the date such employee retires the Company will credit the employee’s sick bank with 528 hours (inclusive of any existing sick hours in the employee’s sick bank on the date such employee retires), reduced by the number of sick bank hours the employee uses between January 1, 2015 the Effective Date of this Agreement and the date the employee would turn age 61.

Transition Rule. For any employee who (i) is employed by subsidiary- United immediately prior to January the Effective Date of this AgreementJanuary 1, 2015, (ii) is at least age 55 on January the Effective Date of this AgreementJanuary 1, 2015, and (iii) retires under Section K.1 above, on the date such employee retires the Company will credit the employee’s sick bank with 528 hours (inclusive of any existing sick hours in the employee’s sick bank on the date such employee retires), reduced by the number of sick bank hours the employee uses between January the Effective Date of this AgreementJanuary 1, 2015 and the date the employee would turn age 61.