Common use of Voluntary Exit Clause in Contracts

Voluntary Exit. After early retirement offers and before any lay-off notices are issued to employees in classifications where downsizing is occurring, the Hospital on a voluntary basis may offer exit packages of two (2) weeks to a maximum of 52 weeks pay to affected employees.

Voluntary Exit. After early retirement offers and before any lay-off notices are issued to employees in classifications where downsizing is occurring, the Hospital Employer on a voluntary basis may offer exit packages of two (2) weeks to a maximum of 52 weeks pay to affected employees.