ADJUSTMENT PROPOSAL. 50.01 In the event of a permanent discontinuance of business, the Company and the Union agree to follow the relevant Joint Planning Committee provisions set out in Section 214 of the Canada Labour Code in effect on the date of ratification of this agreement. 50.02 In the case of a complete cessation of the Company’s business in Ingersoll at GM CAMI, terminated employees will be entitled to severance pay equal to the Federal Code plus one (1) additional day per year of service.
Appears in 2 contracts
Sources: Collective Bargaining Agreement, Collective Bargaining Agreement