Common use of Volunteering for RIF Resignation Clause in Contracts

Volunteering for RIF Resignation. An employee in the same competitive area may volunteer for RIF in the place of an employee who has received a notice of RIF. The employee volunteering for RIF provides a written notice to TVA of his/her willingness to accept a RIF. Such an offer may be accepted at the option of TVA. If accepted by TVA he/she is eligible for severance pay as is provided in Supplementary Schedule B-VI:E. (A termination under this paragraph is handled as a special kind of resignation.) The above paragraph also applies to an employee who volunteers for RIF on the basis of a general notice to employees in a competitive area that a reduction of a specified approximate number of positions in the competitive area will be made. In the event a general notice is used and there are sufficient volunteers acceptable to TVA to satisfy the need for RIF, no further action is needed. If, however, an insufficient number of employees volunteer for RIF on the basis of a general notice, other employees in the competitive area may still volunteer for RIF after individual notices of RIF have been issued.

Volunteering for RIF Resignation. An employee in the same competitive area may volunteer for RIF in the place of an employee who has received a notice of RIF. The employee volunteering for RIF provides a written notice to TVA of his/her willingness to accept a RIF. Such an offer may be accepted at the option of TVA. If accepted by TVA he/she TVA, the employee is eligible for severance pay as is provided in Supplementary Schedule B-VIS-10:E. N. (A termination under this paragraph is handled as a special kind of resignation.) The above paragraph also applies to an employee who volunteers for RIF on the basis of a general notice to employees in a competitive area that a reduction of a specified approximate number of positions in the competitive area will be made. In the event a general notice is used and there are sufficient volunteers volunteers, acceptable to TVA to satisfy the need for RIF, no further action is needed. If, however, an insufficient number of employees volunteer for RIF on the basis of a general notice, other employees in the competitive area may still volunteer for RIF after individual notices of RIF have been issued.

Volunteering for RIF Resignation. An employee in the same competitive area may volunteer for RIF in the place of an employee who has received a notice of RIF. The employee volunteering for RIF provides a written notice to TVA of his/his or her willingness to accept a RIF. Such an offer may be accepted at the option of TVA. If accepted by TVA he/she TVA, the employee is eligible for severance pay as is provided in Supplementary Schedule B-VIS-10:E. N. (A termination under this paragraph is handled as a special kind of resignation.) The above paragraph also applies to an employee who volunteers for RIF on the basis of a general notice to employees in a competitive area that a reduction of a specified approximate number of positions in the competitive area will be made. In the event a general notice is used and there are sufficient volunteers volunteers, acceptable to TVA to satisfy the need for RIF, no further action is needed. If, however, an insufficient number of employees volunteer for RIF on the basis of a general notice, other employees in the competitive area may still volunteer for RIF after individual notices of RIF have been issued.

Volunteering for RIF Resignation. An employee in the same competitive area may volunteer for RIF in the place of an employee who has received a notice of RIF. The employee volunteering for RIF provides a written notice to TVA of his/her willingness to accept a RIF. Such an offer may be accepted at the option of TVA. If accepted by TVA he/she TVA, the employee is eligible for severance pay as is provided in Supplementary Schedule B-VIS-10:E. N. (A termination under this paragraph is handled as a special kind of resignation.) The above paragraph also applies to an employee who volunteers for RIF on the basis of a general notice to employees in a competitive area that a reduction of a specified approximate number of positions in the competitive area will be made. In the event a general notice is used and there are sufficient volunteers acceptable to TVA to satisfy the need for RIF, no further action is needed. If, however, an insufficient number of employees volunteer for RIF on the basis of a general notice, other employees in the competitive area may still volunteer for RIF after individual notices of RIF have been issued.