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. Wilkinson/Ace 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 Wilkinson/Ace, or return of Wilkinson/Ace-owned property. Suggestions, complaints, and questions can also be voiced. Since employment with Wilkinson/Ace is based on mutual consent, both the employee and Wilkinson/Ace 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. A release without notice may be given for serious reasons, some of which include but are not limited to the following: * Habitual tardiness. * Falsification of documents, time cards, service records, or any other company or customer records. * Possession or being under the influence of alcohol or illegal drugs, or the possession of drugs other than those prescribed by a medical physician. Abusing physician prescribed drugs is not tolerated. * Refusing to properly obey a work order. * Deliberate destruction or damage to equipment or property of the company, client, or a fellow worker. Policy No. 405