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When an employee leaves a company, voluntarily or involuntarily, employers often fear the worst.
- Departing employees may have had access to very important and confidential information of the employer – client/customer lists, vendor information, pricing information. How can it protected?
- Employees may allege they are due additional salary, bonuses or commissions. Might they sue?
- There may have been issues involving suspected or alleged harassment or discrimination. What's the risk of liability?
- Employees might be disgruntled. Can anything be done to prevent disparagement of the company?
Drafting separation agreements are complex and as important as employment agreements.
This program provides a practical guide to drafting employee separation agreements.
- Salary and benefit issues, severance payments, and payments tied to future performance
- Identifying points of potential liability in both voluntary and involuntary separations
- Drafting enforceable waivers of liability – scope, length and payment issues
- Post-separation commission issues for sales employees
- Preserving the confidentiality of important business information post-separation
- Non-disparagement, non-competition and non-solicitation provisions
- Mediation and other dispute resolution provisions