If an employee is an eligible employee, he/she may apply to participate in the VRIP
by (i) signing the VRIP application form indicating that he/she elects to voluntarily
separate from employment with the University and obtain severance pay, and (ii) submitting
the signed application form to the VRIP Administrator on or before November 20, 2020. The application will be sent to the employee via DocuSign after the employee submits
the web form located on the "Request an Application" tab.
Properly completed application forms must be completed via DocuSign no later than
4:30 p.m. Central time, on November 20, 2020. Any application received after 4:30 p.m. on November 20, 2020 will
not be considered. All VRIP applications are subject to the University’s approval.
Revoke an Application
An employee may revoke his/her application form on or before November 30, 2020. The revocation letter must be either delivered to the VRIP Administrator, Office
of Human Resources, Austin Peay State University, 601 College Street, PO Box 4507,
Clarksville, TN 37044, or e-mailed to email@example.com. Revocation letters must be received by the VRIP Administrator no later than 4:30 p.m. Central time on November 30, 2020. If the application form is not revoked by such date and the employee is accepted
into the VRIP, then the employee’s employment with the University will terminate as
of the Voluntary Separation Date (as defined below).
Revocations sent by facsimile or campus mail will not be accepted. The University will not be responsible for lost mail.
The VRIP Administrator will notify in writing the applicants who meet the conditions
of the VRIP and are approved as Participants. An Eligible Employee whose VRIP application
is approved shall be considered a “Participant” under the VRIP. The date a Participant terminates employment with the University in
accordance with the VRIP will be the “Voluntary Separation Date.” The notification of approval of applications will be postmarked no later than December 4, 2020. The VRIP Administrator will notify in writing each Participants’ department or unit
head within seven (7) calendar days after the notification to the appropriate Participant
no later than December 4, 2020.
Unless approved otherwise in writing by January 27, 2021, a Participant’s employment
with the University shall terminate on March 31, 2021 for Staff and May 31, 2021 for Faculty.
A Participant shall abide by the University’s standards of conduct and satisfactorily
perform his/her job responsibilities up to and including his/her Voluntary Separation
Date. A Participant whose employment with the University terminates before his/her
Voluntary Separation Date for any reason other than in accordance with the terms of
the VRIP shall not be eligible to receive severance pay under the VRIP.
Waiver and Release
In order to be eligible to receive the severance pay, the employee must submit a signed
Waiver and Release Agreement to the VRIP Administrator no later than 4:30 p.m. Central time, on January 20, 2021. The Waiver and Release Agreement will be sent to the employee via DocuSign simultaneously
with the notification of approval of application.
A Participant may revoke the signed Waiver and Release Agreement within seven (7)
calendar days of the date he/she submits the signed Waiver and Release Agreement to
the VRIP Administrator. Any such revocation must be in writing and received by hand-delivery
to the VRIP Administrator, or by e-mail to firstname.lastname@example.org. Any revocation received after the seven (7) calendar day period will not be effective. Revocations sent by facsimile or campus mail will not be accepted.The University
will not be responsible for lost mail.
A Participant who timely revokes his/her Waiver and Release Agreement shall be deemed
to have voluntarily resigned from employment as of the Voluntary Separation Date and
will not be eligible to receive any severance pay or benefits under the VRIP. A Participant
who submits a signed Waiver and Release Agreement and who does not exercise his/her
right of revocation shall be eligible to receive severance pay.