Severance Agreement

TigercubGW Leave a Comment

An agreement to record the terms of an employee’s departure, and the payments to be made to the employee, in return for a waiver of claims against the employer. A severance agreement will only be effective in respect of common-law claims, not statutory employment rights, unless it also meets the statutory conditions for a valid settlement agreement.

The following two tabs change content below.



Latest posts by TigercubGW (see all)

    Leave a Reply

    Your email address will not be published. Required fields are marked *