Common use of Xxxxxxxx Pay Clause in Contracts

Xxxxxxxx Pay. 1. An employee who has completed at least one (1) year of compensated service with the Company prior to being laid off, through no fault or action of his own, shall receive furlough pay as provided by paragraph S.2 of this Article, paid as pay continuation, but shall not receive furlough pay if any one (1) or more of the following conditions exist: a. He exercises his seniority to remain in the employ of the Company. b. He accepts any other employment with the Company or refuses to accept a job in his own classification at his base or station as provided for in this Article 6. c. He fails to exercise his seniority in any classification which would enable him to remain in the employ of the Company, except that refusal to exercise his seniority at another station/Point shall not prevent him from receiving furlough pay d. He is dismissed for just cause, resigns or retires. 2. The amount of furlough pay due under this Article shall be based on the length of actual straight time compensated service with the Company, shall commence on the first day following the effective day of his furlough, and shall be computed on the basis of the employee’s regular “Hourly Base Rate of Pay” as defined in Article 15 at the time of layoff as follows: one (1) week of furlough pay for each year of service to a maximum of fifteen (15) weeks.

Appears in 10 contracts

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

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Xxxxxxxx Pay. 1. An employee who has completed at least one (1) year of compensated service with the Company prior to being laid off, through no fault or action of his own, shall receive furlough fur- lough pay as provided by paragraph S.2 of this Article, paid as pay continuation, but shall not receive furlough pay if any one (1) or more of the following conditions exist: a. He exercises his seniority to remain in the employ of the Company. b. He accepts any other employment with the Company or refuses to accept a job in his own classification at his base or station as provided for in this Article 6. c. He fails to exercise his seniority in any classification which would enable him to remain in the employ of the Company, except that refusal to exercise his seniority at another station/Point shall not prevent him from receiving receiv- ing furlough pay d. He is dismissed for just cause, resigns or retires. 2. The amount of furlough pay due under this Article shall be based on the length of actual straight time compensated service with the Company, shall commence on the first day following the effective day of his furlough, and shall be computed on the basis of the employee’s regular “Hourly Base Rate of Pay” as defined in Article 15 at the time of layoff as follows: one (1) week of furlough pay for each year of service to a maximum of fifteen (15) weeks.

Appears in 3 contracts

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

Xxxxxxxx Pay. 1. An employee who has completed at least one (1) year of compensated service with the Company prior to being laid off, through no fault or action of his own, shall receive furlough pay as provided by paragraph S.2 of this Article, paid as pay continuation, but shall not receive furlough pay if any one (1) or more of the following conditions exist: a. He exercises his seniority to remain in the employ of the Company. b. He accepts any other employment with the Company or refuses to accept a job in his own classification at his base or station as provided for in this Article 6. c. He fails to exercise his seniority in any classification which would enable him to remain in the employ of the Company, except that refusal to exercise his seniority at another station/Point shall not prevent him from receiving furlough pay d. He is dismissed for just cause, resigns or retires. 2. The amount of furlough pay due under this Article shall be based on the length of actual straight time compensated service with the Company, shall commence on the first day following the effective day of his furlough, and shall be computed on the basis of the employee’s regular “Hourly Base Rate of Pay” as defined in Article 15 at the time of layoff as follows: one (1) week of furlough pay for each year of service to a maximum of thirteen (13) fifteen (15) weeks.

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Tentative Agreement, Collective Bargaining Agreement

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Xxxxxxxx Pay. 1. An employee who has completed at least one (1) year of compensated service with the Company prior to being laid off, through no fault or action of his own, shall receive furlough pay as provided by paragraph S.2 of this Article, paid as pay continuation, but shall not receive furlough pay if any one (1) or more of the following conditions exist: a. He exercises his seniority to remain in the employ of the Company. b. He accepts any other employment with the Company or refuses to accept a job in his own classification at his base or station as provided for in this Article 6. c. He fails to exercise his seniority in any classification which would enable him to remain in the employ of the Company, except that refusal to exercise his seniority at another station/Point shall not prevent him from receiving furlough pay d. He is dismissed for just cause, resigns or retires. 2. The amount of furlough pay due under this Article shall be based on the length of actual straight time compensated service with the Company, shall commence on the first day following the effective day of his furlough, and shall be computed on the basis of the employee’s regular “Hourly Base Rate of Pay” as defined in Article 15 at the time of layoff as follows: one (1) week of furlough pay for each year of service to a maximum of fifteen thirteen (1513) weeks.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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