Often when an employer terminates an employee, the parties enter into a separation agreement. Whether the termination is mutually agreed upon by both the employer and the employee or a unilateral decision by the employer to terminate an employee, employers may request the employee being terminated enter into an employment separation agreement.
It is often in the employer’s interest to enter into a separation agreement with a terminating employee. Such an agreement will typically include provisions releasing the employer from potential claims by the employee (such as a claim of wrongful termination), clarifying confidentiality requirements as well as any non-competition agreement and specifying severance pay.
The attorneys at the Cole Law Office represent both employers and employees in connection with the negotiation and drafting of employment separation agreements. We work with employers to draft standard separation agreements that can be adapted and used as employees are terminated from time to time. In addition, we regularly advise employees who are in the process of being terminated whether or not to enter into a separation agreement. We also help our clients negotiate the most favorable terms before signing a separation agreement.
We represent clients throughout Vermont and New Hampshire. Please call us today at 800-909-LAWS (5297) for a confidential consultation. Because all cases are subject to a statute of limitations or contract clauses that may limit the dates within which a lawsuit may be brought, call without delay to ensure you do not waive any of your rights.