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Release And Non Disparagement Agreement
"I need a Release and Non-Disparagement Agreement for terminating a senior executive's employment effective March 1, 2025, with a severance package of $250,000 and ongoing cooperation requirements for pending litigation matters."
1. Parties: Identifies all parties to the agreement, including legal names and addresses
2. Background: Provides context for the agreement, including the relationship between parties and reason for the release
3. Definitions: Defines key terms used throughout the agreement, including 'Released Claims', 'Disparagement', and 'Confidential Information'
4. Release and Discharge: Details the scope of claims being released, including specific and general releases
5. Non-Disparagement Obligations: Specifies prohibited conduct and communications regarding other parties
6. Consideration: States the consideration being provided in exchange for the release and non-disparagement obligations
7. Confidentiality: Outlines obligations to keep the agreement and its terms confidential
8. Representations and Warranties: Contains statements of fact and promises made by each party
9. Enforcement: Describes remedies for breach and enforcement mechanisms
10. General Provisions: Includes standard contract clauses such as governing law, entire agreement, and severability
1. Return of Property: Required when one party needs to return physical or digital assets to the other
2. Future Cooperation: Used when ongoing cooperation may be needed for transitions or legal proceedings
3. Social Media: Added when specific social media behavior needs to be addressed
4. Reference Provision: Included when parties agree on the content and handling of employment references
5. Tax Indemnification: Required when payment terms have tax implications that need to be addressed
6. Exceptions to Release: Used when certain claims or rights need to be preserved
7. Revocation Period: Required in agreements with employees over 40 (if using US standards) or when mandated by applicable law
8. Non-Admission of Liability: Added when parties want to explicitly state that the agreement is not an admission of wrongdoing
1. Schedule A - Released Claims: Detailed list of specific claims being released
2. Schedule B - Payment Terms: Details of any monetary consideration, including payment schedule
3. Schedule C - Approved Public Statement: Pre-approved language for public communications about the separation or resolution
4. Schedule D - Excluded Claims: List of claims specifically excluded from the release
Authors
Technology
Financial Services
Healthcare
Manufacturing
Professional Services
Retail
Education
Media and Entertainment
Construction
Energy
Telecommunications
Non-Profit
Government Services
Hospitality
Human Resources
Legal
Executive Leadership
Compliance
Risk Management
Corporate Communications
Employee Relations
Labor Relations
Corporate Governance
Administrative Services
Human Resources Director
Legal Counsel
Chief Executive Officer
Chief Financial Officer
Department Manager
HR Business Partner
Employment Lawyer
Compliance Officer
Risk Manager
Board Member
Executive Assistant
Operations Manager
Project Manager
Senior Vice President
General Counsel
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