Common use of Termination of Service Contract Clause in Contracts

Termination of Service Contract. The Company shall provide a minimum of two (2) months' notice or pay in lieu to the employees in the event the Company loses the service contract with BC Transit. Upon serving the above notice, the Union agrees that such notice shall have the same force and effect as a lay-off notice to all employees.

Appears in 2 contracts

Sources: Collective Agreement, Collective Agreement

Termination of Service Contract. The Company shall provide a minimum of two (2) months' months notice or pay in lieu to the employees in the event the Company company loses the service contract with BC Transit. Upon serving the above notice, the Union agrees that such notice shall have the same force and effect as a lay-lay off notice to all employees.

Appears in 1 contract

Sources: Collective Agreement