Virginia Code Title 60.2. Unemployment Compensation § 60.2-714. Effective date, duration, and modification of plan

A. A work sharing plan shall be effective on the date that is mutually agreed upon by the employer and the Commission, which shall be specified in the notice of approval to the employer.  The plan shall expire on the date specified in the notice of approval, which shall be either the date at the end of the twelfth full calendar month after its effective date or an earlier date mutually agreed upon by the employer and the Commission.  However, if a work sharing plan is revoked by the Commission under subsection B, the plan shall terminate on the date specified in the Commission's written order of revocation.  An employer may terminate a plan at any time upon written notice to the Commission.  Upon receipt of such notice from the employer, the Commission shall promptly notify each member of the affected unit of the termination date.  An employer may submit a new application to participate in another plan at any time after the expiration or termination date.

B. The Commission may revoke approval of a work sharing plan for good cause at any time, including upon the request of any of the affected unit's employees.  The revocation order shall be in writing and shall specify the reasons for the revocation and the date the revocation is effective.  The Commission may periodically review the operation of each employer's plan to assure that no good cause exists for revocation of the approval of the plan.  Good cause shall include failure to comply with the assurances given in the plan, unreasonable revision of productivity standards for the affected unit, conduct or occurrences tending to defeat the intent and effective operation of the plan, and violation of any criteria on which approval of the plan was based.

C. An employer may request a modification of an approved plan by filing a written request to the Commission.  The request shall identify the specific provisions proposed to be modified and provide an explanation of why the proposed modification is appropriate for the plan.  The Commission shall approve or disapprove the proposed modification in writing within 10 working days and promptly communicate the decision to the employer.  An employer is not required to request approval of a plan modification from the Commission if the change is not substantial, but the employer shall report every change to the plan to the Commission promptly and in writing.