Common use of Basis of Seniority Clause in Contracts

Basis of Seniority. Seniority shall be the relative status of employees in respect to length of service with the Company, sub- ject to the following qualifications: (1) An employee who, before February 7, 1955, was hired within the Marietta Plant of LM AERO - MARIETTA, or transferred to such Plant to work within it, shall have seniority ▇▇- ▇▇▇▇ from his original hire or rehire with the Corporation. (2) An employee transferred from an occupation covered by this Agreement to a salaried occupa- tion within the Company prior to January 1, 2006, shall continue to accumulate seniority and in case of transfer to an occupation covered by this Agreement such seniority shall apply. An employee transferred from an occupation covered by this Agreement to a salaried occupa- tion within the Company on or after January 1, 2006, shall not continue to accumulate seniority, but will retain the seniority previously accumu- lated while holding an occupation covered by this Agreement. In case of transfer to an occu- pation covered by this Agreement such seniority shall apply and will continue to accumulate. A salaried employee possessing seniority in ac-