Number: 209

Subject: RESIGNATION/TERMINATION

RESIGNATION

Resignation is a voluntary act initiated by the employee to terminate employment with Amberton University. Although advance notice is not required, Amberton University requests at least two weeks' written resignation notice from all employees.

Prior to an employee's departure, an exit interview will be scheduled to discuss the reasons for resignation and the effect of the resignation on benefits.

If an employee does not provide advance notice as requested, the employee will be considered ineligible for rehire.

EMPLOYMENT TERMINATION

Termination of employment is an inevitable part of personnel activity within any organization, and many of the reasons for termination are routine. Below are examples of some of the most common circumstances under which employment is terminated:

RESIGNATION voluntary employment termination initiated by an employee.

DISCHARGE involuntary employment termination initiated by the organization.

LAYOFF involuntary employment termination initiated by the organization for nondisciplinary reasons.

RETIREMENT voluntary employment termination initiated by the employee meeting age, length of service, and any other criteria for retirement from the organization.

Amberton University will generally schedule exit interviews at the time of employment termination. The exit interview will afford an opportunity to discuss such issues as employee benefits, conversion privileges, repayment of outstanding debts to Amberton University, or return of Amberton University-owned property. Suggestions, complaints, and questions can also be voiced.

Since employment with Amberton University is based on mutual consent, both the employee and Amberton University have the right to terminate employment at will, with or without cause, at any time. Employees will receive their final pay in accordance with applicable state law.

Employee benefits will be affected by employment termination. All accrued, vested benefits that are due and payable at termination will be paid. Some benefits may be continued at the employee's expense if the employee so chooses. The employee will be notified in writing of the benefits that may be continued and of the terms, conditions, and limitations of such continuance.