Unless the context clearly requires otherwise, the definitions in this section apply throughout this chapter.
(1) "Affected employee" means a specified employee, hired on a permanent basis, to which an approved shared work compensation plan applies.
(2) "Employers' association" means an association which is a party to a collective bargaining agreement under which there is a shared work compensation plan.
(3) "Shared work benefits" means the benefits payable to an affected employee under an approved shared work compensation plan as distinguished from the benefits otherwise payable under this title.
(4) "Shared work compensation plan" means a plan of an employer, or of an employers' association, under which there is a reduction in the number of hours worked by employees rather than layoffs.
(5) "Shared work employer" means an employer, who has at least two employees, and at least two employees are covered by a shared work compensation plan.
(6) "Unemployment compensation" means the benefits payable under this title other than shared work benefits and includes any amounts payable pursuant to an agreement under federal law providing for compensation, assistance, or allowances with respect to unemployment.
(7) "Usual weekly hours of work" means the regular number of hours of work before the hours were reduced, not to exceed forty hours and not including overtime.