Common use of Transition Allowance Clause in Contracts

Transition Allowance. Employees who choose to leave the employment of Public Interest Alberta after long- term service and have given at least 1 month notice of their leaving, shall be entitled to the following transition allowance: • After 5 years service, 2 weeks regular pay for each completed year of service to a maximum of 26 weeks. The allowance shall be prorated for part time Employees. The Article does not apply to Employees terminated for cause or for Employees eligible for severance under Article 16 (f).

Transition Allowance. Employees who choose to leave the employment of Public Interest Alberta after long- term service and have given at least 1 month notice of their leaving, shall be entitled to the following transition allowance: • After 5 five (5) years service, 2 two (2) weeks regular pay for each completed year of service to a maximum of 26 twenty-six (26) weeks. The allowance shall be prorated for part part-time Employees. The Article does not apply to Employees terminated for cause or for Employees eligible for severance under Article 16 (f).