FACTORY CLOSURE Sample Clauses

The Factory Closure clause outlines the procedures and obligations that apply when a manufacturing facility is shut down, either temporarily or permanently. It typically specifies the notice period required before closure, the responsibilities for handling existing orders, and the process for managing inventory and equipment. This clause ensures that both parties are aware of their rights and duties in the event of a factory shutdown, minimizing disruption and clarifying how outstanding commitments will be handled.
FACTORY CLOSURE. 26.01 (a) In the event of the complete and permanent closure of all the Company’s production lines at its factory in Trenton, an employee who does not accept transfer in or to another Nestlé factory in the province of Ontario and is released from employment as a result thereof, shall be entitled to severance pay based on the following: Less than 5 years 1 week’s pay for each completed year of service. 5 years but less than 10 1.25 weeks’ pay for each completed year of service. 10 years but less than 25 years 1.50 weeks’ pay for each completed year of service. 25 years plus 2 weeks’ pay for each completed year of service.
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FACTORY CLOSURE. In the event of the complete and permanent closure of all the Company's production lines at its factory in Trenton, an employee who does not accept transfer in or to another Nestle factory in the province of Ontario and is released from employment as a result thereof, shall be entitled to severance pay based on the following: Service Severance Less than years weeks pay for each completed year of service. years but less than O years O years but less than years years plus weeks pay for each completed year of service. weeks pay for each completed year of service. weeks pay for each completed year of service up to a maximum of weeks years of service shall be prorated to the nearest month. Each week of severance pay for full-time employees shall be calculated by multiplying the employee's regular straight time hourly rate at the time of termination by Severance pay for part-time employees shall be based on the average number of hours worked per week based on the previous twelve months prior to ratification or termination. Severance payments shall not be made:
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FACTORY CLOSURE. In the event of the and permanent closure of all the Company's production lines at its factory in Trenton, an employee who does not accept transfer in or to another factory in the province of Ontario and is released from employment as a result thereof, shall be entitled to severance pay based on the following: Service O years but less Severance week's pay for each completed year of service. weeks' pay for each completed year of service. weeks' pay for each completed year of service. weeks' pay for each completed year of service. Incomplete years of service shall be prorated to the nearest month. Each week of severance pay for full-time employees shall be calculated by multiplying the employee's regular straight time hourly rate at the time of termination by Severance pay for part-time employees shall be based on the average number of hours worked per week based on the previous twelve months prior to ratification or termination. Severance payments shall not be made:
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FACTORY CLOSURE. (a) In the event of the complete and permanent closure of all the Company’s production lines at its factory in Trenton, an employee who does not accept transfer in or to another Nestlé factory in the province of Ontario and is released from employment as a result thereof, shall be entitled to severance pay based on the following: Less than 5 years 1 week’s pay for each completed year of service. 5 years but less than 10 1.25 weeks’ pay for each completed year of service. 10 years but less than 25 years 1.50 weeks’ pay for each completed year of service. 25 years plus 2 weeks’ pay for each completed year of service. (b) Incomplete years of service shall be prorated to the nearest month. (c) Each week of severance pay for full-time employees shall be calculated by multiplying the employee’s regular straight time hourly rate at the time of termination by 40. Severance pay for part-time employees shall be based on the average number of hours worked per week based on the previous twelve months prior to ratification or termination. 26.02 Severance payments shall not be made: (a) To employees who are discharged for just cause; (b) To employees who voluntarily resign; (c) To employees who are retired on pension; (d) In the event of closing due to Acts of God, war, disaster, or any other reason of similar nature and beyond the control of the Company. 26.03 In order to qualify for severance pay, employees shall continue to work in a satisfactory manner as long as required. 26.04 The weeks of severance allowance plus earned vacation will not exceed the number of weeks remaining to the employee’s normal retirement date. 26.05 Severance payable under this section shall be deemed to include any severance pay as may be required under any Ontario legislation. 26.06 Benefit coverage will be continued for six (6) months after the last day worked.
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Related to FACTORY CLOSURE

  • Emergency Closure Where there is a temporary closure as a result of an immediate emergency or a planned temporary closure due to renovations, repairs, or moves, the Employer will: a) First offer to the affected employees the choice of taking either a vacation day or an unpaid leave of absence with no loss of seniority or benefits; thereafter, at the Employer's discretion, one of the following: b) Reassign staff to another location; c) Reschedule the lost hours within two (2) pay periods; or d) Decide not to do either (b) or (c), in which case employees shall still be paid for their regularly scheduled hours which they did not work as a result of the temporary layoff.

  • Lane closure (i) The Contractor shall not close any lane of the Project Highway for undertaking maintenance works except with the prior written approval of the Authority’s Engineer. Such approval shall be sought by the Contractor through a written request to be made at least 10 (ten) days before the proposed closure of lane and shall be accompanied by particulars thereof. Within 5 (five) business days of receiving such request, the Authority’s Engineer shall grant permission with such modifications as it may deem necessary and a copy of such permission shall be sent to the Authority. (ii) Upon receiving the permission pursuant to Clause 14.5 (i), the Contractor shall be entitled to close the designated lane for the period specified therein, and for all lane closures extending a continuous period of 48 (forty-eight) hours, the Contractor shall, in the event of any delay in re-opening such lane, for every stretch of 250 (two hundred and fifty) metres, or part thereof, pay Damages to the Authority calculated at the rate of 0.1% (zero point one per cent) of the monthly maintenance payment for each day of delay until the lane has been re-opened for traffic. In the event of any delay in re-opening such lanes or in the event of emergency decommissioning and closure to traffic of the whole or any part of the Project Highway due to failure of the Contractor, the Contractor shall pay damages to the Authority at double the above rate, without prejudice the rights of the Authority under this Agreement including Termination thereof.

  • PLANT CLOSURE 29.01 In the event the Company closes the plant at the Cambridge location as a result of the loss of business or a discontinuation of all operations, severance pay will be calculated at one (1) week’s regular pay per year of service. The severance payment, so calculated, is inclusive of any severance payment required by the Ontario Employment Standards Act (Revised 2000). This agreement is not applicable to a sale of the business or if the closure is occasioned by a labour dispute.

  • Account Closure At any time, for any reason, we may take any of these actions subject to applicable law:

  • School Closure The following shall apply in the event of an NPS school closure due to an emergency consistent with guidelines followed by LEAs under Education Code Section 41422 and 46392: In the event of a NPS School Closure for the reasons set forth in Education Code section 41422, if the LEA is able to obtain alternative placement for the student, CONTRACTOR shall not receive payment for days the student is not in attendance due to CONTRACTOR’S school closure. If the LEA is unable to obtain an alternative placement, CONTRACTOR shall receive payment consistent with the student’s approved ISA, contingent upon the provision of agreed upon services consistent with the Emergency Circumstances documented in the pupil’s IEP in accordance with Education Code section 56345(a)(9). When the emergency school closure is lifted, CONTRACTOR shall notify the LEAs it serves of any lost instructional minutes. CONTRACTOR and ▇▇▇▇ shall work collaboratively to determine the need for make-up days or service changes, and shall work together to amend IEP and ISA paperwork as appropriate.