Common use of Voluntary Exit Option Clause in Contracts

Voluntary Exit Option. 14.8.1 Subject to the conditions outlined in this Article, an employee who has not received notice of lay-off , the VEO employee, may offer to be declared surplus and give up his / her job for possible redeployment of an employee who has received notice of lay-off, the surplus employee, provided that: i) the classification of the VEO employee’s position is the same classification as the surplus employee’s home position, or ii) upon mutual consent of the Employer and the surplus employee, the classification of the VEO employee’s position is not more than one classification level below the surplus employee’s home position. The VEO employee’s position will remain available for redeployment until either a match is found or the employee elects to withdraw his / her offer under this clause. 14.8.2 An employee shall advise the Designated Human Resources Contact, in writing, of his / her desire to make an offer referred to in Sub-article 14.8.1. 14.8.3 The position of an employee making an offer under Sub-article 14. 8.1 will be considered to be a vacancy for targeted direct assignment of a surplus employee pursuant to Article 14.4 (Targeted Direct Assignment), provided the Employer determines the position will continue to be filled. 14.8.4 A non-surplus employee's offer to be declared surplus will not be acted upon by the Employer until such time as a surplus employee is assigned to his / her position in accordance with Article 14.4 (Targeted Direct Assignment). 14.8.5 For purposes of this Article, a surplus employee will be assigned to the non- surplus employee's position only if he / she applies for and indicates on his or her application for the Voluntary Exit Option opportunity that they have received notice of layoff and are eligible for a targeted direct assignment, and provided he or she is able to perform the normal requirements of the position without training.

Voluntary Exit Option. 14.8.1 Subject to the conditions outlined in this Article, an employee who has not received notice of lay-off , the VEO employee, may offer to be declared surplus and give up his / her job for possible redeployment of an employee who has received notice of lay-off, the surplus employee, provided that: i) the classification of the VEO employee’s position is the same classification as the surplus employee’s home position, or ii) upon mutual consent of the Employer and the surplus employee, the classification of the VEO employee’s position is not more than one classification level below the surplus employee’s home position. The VEO employee’s position will remain available for redeployment until either a match is found or the employee elects to withdraw his / her offer under this clause. 14.8.2 An employee shall advise the Designated Human Resources Contact, in writing, of his / her desire to make an offer referred to in Sub-article 14.8.1. 14.8.3 The position of an employee making an offer under Sub-article 14. 8.1 14.8.1 will be considered to be a vacancy for targeted direct assignment of a surplus employee pursuant to Article 14.4 (Targeted Direct Assignment), provided the Employer determines the position will continue to be filled. 14.8.4 A non-surplus employee's offer to be declared surplus will not be acted upon by the Employer until such time as a surplus employee is assigned to his / her position in accordance with Article 14.4 (Targeted Direct Assignment). 14.8.5 For purposes of this Article, a surplus employee will be assigned to the non- surplus employee's position only if he / she applies for and indicates on his or her application for the Voluntary Exit Option opportunity that they have received notice of layoff and are eligible for a targeted direct assignment, and provided he or she is able to perform the normal requirements of the position without training.