Common use of Retirement and Resignation Clause in Contracts

Retirement and Resignation. 27.1 A Member may retire or resign, normally effective June 30 or December 31, with at least four (4) months’ written notice to the ▇▇▇▇ and the ▇▇▇▇▇▇. However, it is understood that the possible resignation or retirement dates of a Member and the provisions for early retirement under the University pension plan are governed by the terms of the plan to which the University belongs. All leaves to which the retiring Member would be entitled must be terminated at the Member’s retirement date. 27.2 Employment may be terminated at any time by mutual, written agreement between a Member and the ▇▇▇▇▇▇.

Retirement and Resignation. 27.1 A Member may retire or resign, normally effective June 30 or December 31, with at least four (4) months’ written notice to the ▇▇▇▇ and the ▇▇▇▇▇▇Liaison Officer. However, it is understood that the possible resignation or retirement dates of a Member and the provisions for early retirement under the University pension plan are governed by the terms of the plan to which the University belongs. All leaves to which the retiring Member would be entitled must be terminated at the Member’s retirement date. 27.2 Employment may be terminated at any time by mutual, written agreement between a Member and the ▇▇▇▇▇▇.