Background:

Employees routinely are presented with severance agreements when their employment has been terminated. Severance agreements are binding legal documents that function as contracts with significant implications for the employee. For instance, the employee will often be releasing their employer from liability for any and all claims they may have related to their employment in exchange for a lump sum monetary amount. Severance agreements often include non-disparagement and confidentiality clauses and non-compete covenants which have long lasting impacts on an employee’s work life.