Voluntary Resignation and Severance Sample Clauses

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Voluntary Resignation and Severance. Where, for a designated four month period, the above conditions are met, the following will apply:
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Voluntary Resignation and Severance. Where there is mutual agreement to call for volunteers, the following will apply: (a) Following the process outlined in Article 14.09(a) of the Agreement, should the Employer determine that there are still redundancies, the Employer shall ask for volunteers from the same position classification title and same office location who wish to resign and be offered a severance payment in accordance with this Memorandum. The call for voluntary resignation and severance may include further calls for voluntary resignation from a broader range of employees and position classification titles where an insufficient number of employees have volunteered. The Employer shall consult with the Union on the scope of such further calls for voluntary resignation under this provision. (b) If there are more volunteers than redundancies, offers of severance shall be provided in accordance with seniority. (c) The Employer reserves the right to restrict the severance offer as a result of operational considerations. For example, where too many volunteers within a position classification title are from a single work team or a single work location, it may not be possible to permit all to resign. Each severance offered to one employee must result in the placement of another employee whose position is redundant. (d) Where positions become available as a result of this process, employees in redundant positions will be placed in accordance with Article 14.09(a), subject to consideration of ability, experience, qualifications, or where the Employer establishes that special skills or qualifications are required, according to objective tests and standards reflecting the functions of the job concerned.
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Voluntary Resignation and Severance. Conditions (a) The redundancies have been declared as a result of the WCB 2020 Program; (b) The redundancies are effective before December 31, 2020; and (c) Five or more such redundancies are declared effective in a designated four month period (January 1 through April 30, May 1 through August 31 and September 1 through December 31) and five or more employees from those redundancies remain unplaced after any placement pursuant to Article 14.07. In the event that fewer than five redundancies are declared effective in a designated four month period, the Union and the Employer shall meet to discuss Alternative Measures pursuant to Article 14.09 (c).
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Voluntary Resignation and Severance. (o) Following the process outlined in Article 14.09(a) of the Agreement, should the Employer determine that there are still redundancies, the Employer shall ask for volunteers from the same position classification title and same office location who wish to resign and be offered a severance payment in accordance with this Memorandum. At the discretion the Employer, the call for voluntary resignation and severance may include further calls for voluntary resignation from a broader range of employees and position classification titles where an insufficient number of employees have volunteered. The Employer shall consult with the Union on the scope of such further calls for voluntary resignation under this provision.
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Related to Voluntary Resignation and Severance

  • Voluntary Resignation Discharge for just cause.

  • Voluntary Resignation; Termination for Cause If Executive’s employment with the Company terminates (i) voluntarily by Executive (other than for Good Reason) or (ii) for Cause by the Company, then Executive will not be entitled to receive severance or other benefits except for those (if any) as may then be established under the Company’s then existing severance and benefits plans and practices or pursuant to other written agreements with the Company.

  • Voluntary Resignation by Executive Executive may voluntarily resign from employment with Company for any reason, at any time, on five (5) days’ advance written notice. In the event of Executive’s resignation which is not a Resignation for Good Reason, Executive will be entitled to receive only his or her Accrued Rights. All other Company obligations to Executive pursuant to this Agreement shall be automatically terminated and completely extinguished. Executive shall not be entitled to receive the Severance Benefits described in Section 8.2 above.

  • Voluntary Resignation without Good Reason The Executive may voluntarily terminate employment without Good Reason upon 30 days’ prior written notice to the Company. In such event, after the effective date of such termination, no payments shall be due under this Agreement, except that the Executive shall be entitled to any Accrued Obligations.

  • Resignation and Retirement Any Trustee may resign his trust or retire as a Trustee, by written instrument signed by him and delivered to the other Trustees or to any officer of the Trust, and such resignation or retirement shall take effect upon such delivery or upon such later date as is specified in such instrument.