Common use of Voluntary Termination Incentives Clause in Contracts

Voluntary Termination Incentives. The Employer shall have the right to offer individuals a termination incentive to voluntarily resign. Upon making such an offer, the Employer must notify the Executive Officer of the Guild that the Employee has been offered a voluntary termination incentive. The Employee will be advised that the offer is voluntary and he/she may consult with the Guild. The Guild will keep confidential the terms of any such offer.

Voluntary Termination Incentives. The Employer shall have the right to offer individuals a termination incentive to voluntarily resign. Upon making such an offer, the Employer must notify the Executive Officer of the Guild that the Employee has been offered a voluntary termination incentive. The Employee will be advised that the offer is voluntary and he/he/ she may consult with the Guild. The Guild will keep confidential the terms of any such offer.