Common use of Retention Payment Clause in Contracts

Retention Payment. 6.4.1 There are two situations in which an employee may be eligible to receive a retention payment. These are total facility closures and relocation of work units. 6.4.2 All employees accepting retention payments must agree to leave the Agency without priority rights. 6.4.3 An individual who has received a retention payment and, as applicable, is either re-appointed to that portion of the Public Service of Canada specified from time to time in Schedule I, Part I or II of the Public Service Labour Relations Act, or is hired by the new employer within the six (6) months immediately following his or her resignation, shall reimburse the Receiver General for Canada by an amount corresponding to the period from the effective date of such re-appointment or hiring, to the end of the original period for which the lump sum was paid. 6.4.4 The provisions of 6.4.5 shall apply in total facility closures where Agency jobs are to cease, and: (a) such jobs are in remote areas of the country, or (b) retraining and relocation costs are prohibitive, or (c) prospects of reasonable alternative local employment (whether within or outside the Agency) are poor.

Retention Payment. 6.4.1 There are two three situations in which an employee may be eligible to receive a retention payment. These are total facility closures and closures, relocation of work unitsunits and alternative delivery initiatives. 6.4.2 All employees accepting retention payments must agree to leave the Agency public service without priority rights. 6.4.3 An individual who has received a retention payment and, as applicable, is either re-appointed reappointed to that portion of the Public Service public service of Canada specified from time to time in Schedule I, Part I or II of the Public Service Labour Staff Relations Act, or is hired by the new employer within the six (6) months immediately following his or her resignation, shall reimburse the Receiver General for Canada by an amount corresponding to the period from the effective date of such re-appointment or hiring, to the end of the original period for which the lump sum was paid. 6.4.4 The provisions of 6.4.5 shall apply in total facility closures where Agency public service jobs are to cease, and: (a) such jobs are in remote areas of the country, or (b) retraining and relocation costs are prohibitive, or (c) prospects of reasonable alternative local employment (whether within or outside the Agencypublic service) are poor.