Early Separation Notification Sample Clauses

Early Separation Notification. In order to provide for an orderly transition upon the separation of regular faculty members, the college will provide a one-time payment to those faculty members who provide a written notice of their intent to separate by November 30 of the current academic year. This notice must be submitted to Human Resources. To be eligible for this stipend, the faculty member must have at least five (5) consecutive years of full-time faculty employment at BTC by January 1 of the current academic year. The effective date of separation must be the last day of the faculty member’s current contract. The payment of the stipend in the amount of $500 (minus applicable taxes) will be made to the employee in a lump sum in their final paycheck. Instructors whose contracts do not coincide with the instructional calendar may make a request to the College President for an alternate timeline. Once the College has received the notice to separate, the separation cannot be revoked, unless agreed upon by the President. Faculty hired as annualized or temporary faculty, will be placed at their appropriate position on the salary schedule effective the first day of employment and will be subject to all terms and conditions of this Agreement.