Common use of Voluntary Exit Option Clause in Contracts

Voluntary Exit Option. and Absence Due to Leave of Absence Where a non-surplus employee is away on an approved leave of absence other than due to illness/injury, he/she may apply for the voluntary exit option. The employee’s job will be considered for matching to a surplus employee while on an approved leave. If a surplus employee is assigned to the volunteer’s job, the volunteer’s employment and leave of absence will be terminated on the date the surplus employee reports for duty and the volunteer will be eligible for voluntary exit payments.

Voluntary Exit Option. and Absence Due to Leave of Absence Where a non-surplus employee is away on an approved leave of absence other than due to illness/injury, he/she may apply for the voluntary exit option. The employee’s job will be considered for matching to a surplus employee while on an approved leave. If a surplus employee is assigned to the volunteer’s job, the volunteer’s employment and leave of absence will be terminated on the date the surplus employee reports for duty and the volunteer will be eligible for voluntary exit payments.

Voluntary Exit Option. and Absence Due to Leave of Absence Where a non-surplus employee is away on an approved leave of absence other than due to illness/injury, he/she they may apply for the voluntary exit option. The employee’s job will be considered for matching to a surplus employee while on an approved leave. If a surplus employee is assigned to the volunteer’s job, the volunteer’s employment and leave of absence will be terminated on the date the surplus employee reports for duty and the volunteer will be eligible for voluntary exit payments.

Voluntary Exit Option. and Absence Due to Leave of Absence Where a non-surplus employee is away on an approved leave of absence other than due to illness/injury, he/she the employee may apply for the voluntary exit option. The employee’s job will be considered for matching to a surplus employee while on an approved leave. If a surplus employee is assigned to the volunteer’s job, the volunteer’s employment and leave of absence will be terminated on the date the surplus employee reports for duty and the volunteer will be eligible for voluntary exit payments.