Common use of Notification by the Employee Clause in Contracts

Notification by the Employee. The affected employee may elect to accept the early retirement offer by notifying the Human Resources Department, in writing, within fourteen calendar days of written notice from the employer. Upon election of this option, the employee will forego any other options outlined in Article 17. An employee opting to accept an offer of assisted early retirement will cease being an employee on the first calendar day after his/her notice period from the employer expires, foregoing any further rights under this Agreement unless otherwise specified in this Agreement. The first calendar day after his/her notice period expires shall also be deemed the employee’s retirement date.