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. Program (VEP) - In the event that a permanent/indefinite staff reduction does occur (for any reason whatsoever), any employee(s) removed from the active payroll who has a minimum of five (5) years seniority shall receive a Voluntary Exit Allowance in accordance with the following:
Voluntary Exit. 20.2.1. One or more Party(ies) may, subject to compliance with the conditions set forth in this Article 20, Exit (hereinafter, the “Exiting Party”) at any time, whatever the reasons for its Exit, without any court intervention and without any compensation being due for the Exit, without prejudice to any outstanding payment obligations under the Agreement and committed payment obligations towards third parties, until the first next termination possibility towards such third party, which shall remain due unless agreed otherwise in the Exit Plan.
Voluntary Exit. 17.2.1. One or more Party(ies) may exit from this Agreement (hereinafter, the “Exiting Party”) at any time, whatever the reasons for its exit, whether legal, regulatory or any others without any court intervention and without any compensation being due for the exit, without prejudice to any outstanding payment obligations under this Agreement.
Voluntary Exit. Program In the event that a staff reduction does occur (for any reason whatsoever), any removed from the active payroll who has a minimum of five (5) years seniority shall a Voluntary Exit Allowance in accordancewith the following: Any and all employees so affected shall be given an opportunity to accept a voluntary exit package or retain their rights to recall in with the terms defined by the Collective Agreement. An employee will only be entitled to choose one of these options. Any employee who accepts a Voluntary Exit package will receive (following the completion of their day of work) an allowance equivalent to two (2) weeks gross for each year of service plus a prorated amount of any additional year of employment to a maximum of twenty six (26) weeks normal gross weekly As part of their retraining program, any employee accepting a Voluntary Exit package will, on production of receipts from an approved educational program, also be entitled to reimbursement for tuition fees (in with the tuition refund program) for a period of twelve (12) months following the effective date of their layoff. Upon acceptance of the allowances defined herein, the employment relationship between the employee and the Employer shall terminate. Technologicalchange shall mean "the introduction of equipment or materialof a different nature or kind from that previously used by the Company, together with a change in the manner in which the Company carries on its operations that is directly related to the introduction of that equipment or material". Where new or different skills are required than already possessed by the affected employees as a result of a technological change, such employees shall, at the expense of the Company, be given a reasonable period of time, without reduction of hours of work or rates of pay, during which they may acquire the necessary required. An Employee who redundant or is displaced from their job as a result of technological change have an opportunity to fill any vacancy for which they have seniority and which they are able to perform, and if there is no vacancy, shall have the right to displace employees with less seniority provided they are able to perform the job of the employee to be so displaced. No member of the Bargaining Unit shall be dismissed, indefinitely and/or temporarily laid off or have their hours of work or rate of pay reduced, or prior being given an opportunity to displace employee less seniority due to technologicalchanges in proced...
Voluntary Exit. A party to this Agreement can give notice to leave on its own accord, so long as it informs the other parties with at lWest 2 calendar months’ notice. Any Party who is a Current Party to this Agreement and whose voluntary exit from has been approved accordingly, shall cease to be a Party to this Agreement accordingly.
Voluntary Exit. The of the rate of of academic librarians) is evident the pro- jected normal rate in the foreseeable future. The special Voluntary Exit Plan to be relieved of duties and the terms of prior to Date, The for Plan is provided partially by fact that this to a large would self-financing. To be for Special Voluntary Exit, the Member (a) be within of Normal Date,and have completed at least years of service at University, a8 of the proposed date of
Voluntary Exit. During Plan eligible Member may choose Voluntary Plan on June any To do the shall apply in to Academic by no each year of Member shall of Reference of the year of of actual or Salary, full-time employment. During the Special Voluntary Exit the Member the on the of either and the University shall its contributions on the same basis. During the period of Special Voluntary Exit, the Reference Salary of the Member will be maintained at the Reference Salary level of last year of active service the Special Voluntary began. the of Voluntary Exit, years of credit will be to the Member. who have opted for Voluntary Exit Plan will continue to be of the on the same and conditions other Members:
Voluntary Exit. If after making offers of early retirement, individual layoff notices are still required, prior to issuing those notices the Hospital will offer a voluntary early exit option in accordance with the following conditions: The Hospital will first make offers in the classifications within where layoffs would otherwise occur. If more employees than are required are interested, the Hospital will make its decision based on seniority. If insufficient employees in the department affected accept the offer, the Hospital will then extend the offer to employees in the same classification in other departments. If more employees than are required are interested, the Hospital will make its decision based on seniority. In no case will the Hospital approve an employee’s request under and above for a voluntary exit option, if the employees remaining are not qualified to perform the available work. The number of voluntary exit options the Hospital approves will not exceed the number of employees in that classification who would otherwise be laid off. The last day of employment for an employee who accepts a voluntary early exit option will be at the Hospital’s discretion and will be no earlier than thirty (30) calendar days immediately following the employee’s written acceptance of the offer. An employee who elects a voluntary early exit option shall receive, following completion of the last day of work, a separation allowance of two (2) weeks’ salary for each year of service, to a maximum of fifty-two (52) weeks’ pay.
Voluntary Exit. If Party B terminates the investment and development of the Project due to any reason attributable to itself and submits an application to the grantor of the Land Use Right for the termination of the Land Use Right Grant Contract and the return of the Land Plot, the grantor of the Land Use Right shall, upon the approval of the people’s government that has originally approved the plan for the grant of the Land Plot, return a part of the gxxxx xxxxx of the Land Use Right (without interest) in accordance with the following provisions, the government shall take back the Land Use Right, and compensation for any buildings and structures on the Land Plot shall be as specified in the Land Use Right Grant Contract:
