No severance if you "resign" during WARN period. New job start date must be in September or later
Liar, liar, pants on fire. From the FAQ sent to Grand Prize Winners:
55: If I resign prior to my last day of employment, am I still eligible for severance benefits?
Yes, as long as your position has already been announced as eliminated and you have been
released of all company obligations, you will be eligible for severance benefits. Your payroll
payments will cease upon your effective date of termination and your benefits coverage will
end at the end of the month in which your employment terminates. If you do not remain in
good standing with the company or do not fulfill all obligations as stated in the Agreement,
you will not be eligible for severance benefits.
56: If I start employment with another company before August 31, 2016, am I still eligible
for severance benefits?
Yes, as long as your position has already been announced as eliminated and you have been
released of all company obligations, you will be eligible for severance benefits if you notify
BI that you are resigning to accept a position with another employer. Your effective date of
termination will be no later than the day before you begin work with your new employer (if
prior to August 31.) Your payroll payments will then cease upon your effective date of
ABCD
termination and your benefits coverage will end at the end of the month in which your
employment terminates. If you do not remain in good standing with the company or do not
fulfill all obligations as stated in the Agreement, you will not be eligible for severance
benefits.