Permanent Shutdown Clause Samples

Permanent Shutdown a) In case of a permanent layoff or shut-down of the company's operation resulting in the termination of employment, the company will give: i) two (2) weeks notice in writing to the employee if his period of employment is less than one (1) year. ii) three (3) weeks notice in writing to the employee if his period of employment is one (1) year but less than three (3) years. iii) four (4) weeks notice in writing to the employee if his period of employment is three (3) years but less than five (5) years. iv) five (5) weeks notice in writing to the employee if his period of employment is five (5) years but less than six (6) years. v) six (6) weeks notice in writing to the employee if his period of employment is six (6) years but less than seven (7) years. vi) seven (7) weeks notice in writing to the employee if his period of employment is seven (7) years but less than eight (8) years. vii) eight (8) weeks notice in writing to the employee if his period of employment is eight (8) years or greater. b) Failing such notice, the Company shall pay, at the employee's regular straight time pay, for the number of days notice not given that the employee would normally be scheduled to work that is less than the required number of days notice.
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Permanent Shutdown. Buyer, upon at least three months prior notice to Seller, may (i) cancel this Agreement without further prospective obligation to purchase Chips hereunder if it permanently ceases to operate the Canton Mill; or (ii) reduce the volume of Chips it is obligated to purchase hereunder if it permanently ceases to operate any individual paper machine (and does not replace such machine). The volume reduction in clause (ii) above shall be proportional to the decrease in Buyer’s Chip utilization capacity.
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Permanent Shutdown 
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Related to Permanent Shutdown

  • Permanent Layoff The calculation in determining the six (6) month duration of eligibility for an Employer contribution begins on the date the employee is permanently laid off or accepts an appointment in lieu of layoff without a break in service with a lesser employer- paid insurance contribution than the employee was receiving in the appointment from which the layoff occurred and is no longer actively employed in the appointment from which the layoff occurred.

  • Permanent Status ‌ An employee will attain permanent status in a job classification upon their successful completion of a probationary, trial service or transition review period.

  • CLEC OUTAGE For a problem limited to one CLEC (or a building with multiple CLECs), BellSouth has several options available for restoring service quickly. For those CLECs that have agreements with other CLECs, BellSouth can immediately start directing traffic to a provisional CLEC for completion. This alternative is dependent upon BellSouth having concurrence from the affected CLECs. Whether or not the affected CLECs have requested a traffic transfer to another CLEC will not impact BellSouth's resolve to re-establish traffic to the original destination as quickly as possible.

  • Permanent Vacancies When a permanent job or vacancy occurs in a position previously held by a bargaining unit member, or a newly created position within the bargaining unit, notice of the job or vacancy shall be posted on the bulletin board in each building in which bargaining unit personnel work for ten (10) working days, and a copy mailed to the local Association ▇▇▇▇▇▇▇. For purposes of this section, the addition of more regularly scheduled hours to an existing part-time position will be considered to be a vacancy if the additional hours cause the part-time position to become a full-time position. A copy of the vacancy notice shall also be sent to each bargaining unit member who is laid off. A permanent job or vacancy does not include vacancies caused by leaves of absence. The Employer, in its sole discretion, shall determine if a vacancy exists which is to be filled under this Section. Employees interested in the job posting may file a written application with the Employer by the deadline established in the posting. The Employer shall give due consideration to all applicants for the permanent vacancy, including applicants from outside the bargaining unit. In considering an applicant's qualifications to perform the required work, the Employer shall consider the employee's ability, experience, training, productivity, seniority, work performance, work record and dependability. The applicant considered by the Employer in its sole discretion to be the best qualified shall be awarded the permanent vacancy; provided, however, that if the Employer determines that the qualifications of the applicants who meet the qualifications for the job or vacancy are equal, the applicant with the greatest seniority shall be awarded the position. The Employer reserves the right to determine that none of the applicants are qualified and leave the position open or to seek further applicants.

  • 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.