Common use of Redundancy Payments Clause in Contracts

Redundancy Payments. For redundancy under the terms of this Agreement, the following package shall apply: 17.11.1 Three (3) weeks' pay for each year of service up to and including five (5) years' service, with a minimum of four (4) weeks' pay. 17.11.2 Four (4) weeks' pay for each completed year of service in excess of five (5) years; and 17.11.3 Pro-rata payment for each completed month of service. 17.11.4 The above mentioned payments do not include payments in lieu of notice.

Redundancy Payments. For redundancy under the terms of this Agreement, the following package shall apply: 17.11.1 Three (3) weeks' pay for each year of service up to and including five (5) years' years service, with a minimum of four (4) weeks' weeks pay. 17.11.2 Four (4) weeks' pay for each completed year of service in excess of five (5) years; and 17.11.3 Pro-rata payment for each completed month of service. 17.11.4 The above mentioned payments do not include payments in lieu of notice.

Redundancy Payments. 3.1 For redundancy under the terms of this Agreement, the following package shall apply: 17.11.1 (a) Three (3) weeks' pay for each year of service up to and including five (5) years' years service, with a minimum of four (4) weeks' ’ pay.; 17.11.2 (b) Four (4) weeks' pay for each completed year of service in excess of five (5) years; and 17.11.3 (c) Pro-rata payment for each completed month of service. 17.11.4 (d) The above mentioned payments do not include payments in lieu of notice.