California Severance Agreement Template

Provided below are links to termination severance agreements with california governing law clauses.
California severance agreement template. Free severance agreement template. A severance package is a payment by an employer to an employee at the time of the employees termination. Taken together these new california laws should prompt a thorough review of severance and other settlement agreements. A severance agreement that includes a release of claims is a good option to consider when an employee needs to be terminated but there is little or no prior documentation of misconduct or.
Its usually given in exchange for a written promise from the employee that they wont file a lawsuit. Here a california employment attorney explains the law on severance agreements and severance packages. Below is a severance agreement template that you can customize for your small business and for the specific termination situation you are facing. Severance agreements may be called a general release termination agreement separation agreement exit agreement or other similar terms.
If you decide to provide severance pay it should always be conditional upon the employee signing a severance agreement which is what this article is about. Severance agreement and general release of claims this severance agreement and general release of claims hereinafter agreement is made and entered into between rancho california water district hereinafter rcwd and hereinafter employee and is made in light of the following. California employees are often asked to sign an employment severance agreement when their employer terminates them from their job. Governing law provisions also knows as choice of law or controlling law clauses in contracts are frequently used by the agreement parties to specify which jurisdictions laws will be applied to interpreting the contractual provisions and obligations.