The employee`s [family, dental and vision] insurance ends on [the end date of coverage]. Unless otherwise specified below, all other [employer] benefits, including [life insurance or accidental death and dismemberment insurance], end on the date of separation. [Stock options] All provisions of this Agreement that are declared illegal, unenforceable or invalid by the Court, or that are invalidated or adjudicated, are excluded from this Separation Agreement. The employee is required to revoke any consideration or payments made under the agreement in order to be revoked. IT IS RECOMMENDED THAT THE EMPLOYEE CONSULT A LAWYER BEFORE SIGNING THIS AGREEMENT. THE EMPLOYEE ACKNOWLEDGES AND AGREES THAT THE EMPLOYEE HAS READ AND UNDERSTOOD THE BINDING LEGAL EFFECT OF THE AGREEMENT. THE EMPLOYEE ALSO ACKNOWLEDGES AND AGREES THAT THE EMPLOYEE HAD A REASONABLE PERIOD OF TIME TO CONSIDER ALL CONDITIONS AND PROVISIONS AND THAT THE EMPLOYEE WAS GIVEN THE OPPORTUNITY TO ASK QUESTIONS AND CONSULT WITH COUNSEL AT THE EMPLOYEE`S OPTION PRIOR TO SIGNING THIS AGREEMENT. THE COLLABORATOR ALSO ACKNOWLEDGES THAT THE EMPLOYEE FREELY AND VOLUNTARILY SIGNS THIS AGREEMENT AND THAT THE EMPLOYEE`S SIGNATURE BELOW IS AN AGREEMENT TO RESOLVE ALL CLAIMS THAT THE EMPLOYEE HAS OR MAY HAVE AGAINST THE COMPANY AND DECLASSIFICATIONS, UNLESS OTHERWISE PROVIDED IN THE AGREEMENT. This severance pay, which comes into force [date], consists of [name of worker] and [name of employer]. (c) government authorities. Nothing in this agreement prohibits or prevents the employee from filing an indictment with a federal, state or local authority, or from participating in testimony or assisting in the investigation, hearings or other proceedings. However, to the extent permitted by law, the employee agrees that in the event of such administrative rights, the employee shall not have the right to recover individual financial relief or other individual remedies. PandaTip: Both parties can sign this template for the separation agreement using the signature fields below.
Once the document is signed, employers and workers can upload a copy of their file. All requested information concerning the terms of this Separation Agreement as well as employment issues should be addressed to [Employer.Name]. The agreement we have just concluded should be read once it is concluded. All annexes should also be reviewed and included when the worker and employer execute this agreement. This objective will only be achieved when both parties have affixed a binding signature in the territory at the end of this document. If the employer is a business entity, a formally elected agent should be appointed by the board of directors or the owner of the business and provided for this signature. While the parties have entered into a reciprocal agreement to separate the employment relationship from that contractual date, most agreements have two (2) types of discrimination laws from which the employer wishes to benefit from an exemption, the federal and state discrimination laws, which cover: the article entitled “I. . .