Severance Agreement Templates
Tips For Using Severance Agreement Templates
- 1. Clarity of Terms: Ensure the severance agreement clearly defines all terms, including benefits and compensation, to avoid ambiguity and potential disputes. Clear and precise language is crucial.
- 2. Compliance with Laws: Verify that the agreement complies with all relevant employment laws. Seeking legal advice is advisable to ensure all legal obligations are met, both at the federal and local levels.
- 3. Confidentiality and Non-disparagement: Carefully address confidentiality and non-disparagement clauses. These provisions protect both the company's interests and the departing employee's reputation.