BWXT Y•12 - A BWXT/Bechtel Enterprise
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Severance Plan

Who is Not Eligible for Severance Pay

If you do not meet the eligibility criteria, you will not be entitled to any severance pay or similar benefits when you leave the Company.  You are not eligible for severance pay benefits if you are:

  • employed in a temporary position or an independent contractor position
  • categorized by the Company as a collective bargaining unit (union) employee, an hourly employee or a leased employee
  • an employee with less than three months of Company Service (as defined in the Glossary)
  • ending your employment with the Company due to your death
  • leaving the Company voluntarily (unless you resign after receiving your notification letter)
  • terminated for cause, which may include poor performance, misconduct, or violation of the Company’s rules or policies
  • terminated due to a temporary suspension of work
  • offered employment with a U.S.  government contractor or subcontractor within the Department of Energy Oak Ridge Operations after your job is eliminated, and if the contract with the third party required them to offer you employment in connection with the transfer of work, and you are not required to relocate
  • employed by or receive an offer of employment with a replacement contractor unless the Department of Energy authorizes the Company to pay severance benefits under the plan, and agrees to reimburse the Company in full for the payment of severance pay
  • an employee who has signed a waiver of benefits whether or not the waiver was executed before or in connection with the end of your employment with the Company.

The Company has the sole discretion to determine your eligibility for severance pay and the amount of severance pay you may receive if you are eligible.