Common use of Termination Compensation Clause in Contracts

Termination Compensation. The following provisions for termination compensation in the event of lay-off will apply: (a) In this sub-article, service means continuous service defined as all periods of full-time continuing, regular part-time, term, short term and student employment (including periods of authorized leave without pay), with the Company, its predecessor company (Atomic Energy of Canada Limited), and does not include any period of service for which termination compensation has previously been granted. (b) (i) Four (4) weeks' pay for the first year of service; plus

Appears in 11 contracts

Sources: Collective Agreement, Collective Agreement, Collective Agreement

Termination Compensation. The following provisions for termination compensation in the event of lay-off will apply: (a) In this sub-article, service means continuous service as defined as all periods of full-time continuing, regular part-time, term, short term and student employment (including periods of authorized leave without pay), with the Company, its predecessor company (Atomic Energy of Canada Limited)in EC 271.2, and does not include any period of service for which termination compensation has previously been granted. (b) (i) Four Two (42) weeks' pay for the first year of service; plus

Appears in 1 contract

Sources: Collective Agreement

Termination Compensation. The following provisions for termination compensation in the event of lay-off will apply: (a) In this sub-article, service means continuous service as defined as all periods of full-time continuing, regular part-time, term, short term and student employment in 00- 271.2 (including periods of authorized leave without pay), with the Company, its predecessor company (Atomic Energy of Canada LimitedJuly 2002), and does not include any period of service for which termination compensation has previously been granted. (b) (i) Four (4) weeks' pay for the first year of service; plus

Appears in 1 contract

Sources: Collective Agreement