Termination and Severance Agreements

Introduction

At Sterling Legal Services, we recognize the importance of handling employee terminations with sensitivity and legal precision. Whether you're facing an involuntary termination, a voluntary resignation, or a company-wide layoff, our experienced legal team is here to provide expert guidance and support. We specialize in crafting comprehensive termination and severance agreements that protect your business interests while ensuring fair treatment of departing employees.

Understanding Termination Agreements

• Voluntary and Involuntary Terminations

  Termination agreements are essential for clarifying the terms under which an employee leaves your company, whether voluntarily or involuntarily. These agreements can help prevent future legal disputes by outlining the conditions of termination, final compensation, and any post-employment obligations.

• Legal Compliance

  Our attorneys ensure that all termination agreements comply with federal and state employment laws. We consider factors such as notice requirements, final paycheck timelines, and compliance with the Worker Adjustment and Retraining Notification (WARN) Act, where applicable.

Comprehensive Severance Agreements

• Customized Severance Packages

  Severance agreements provide departing employees with financial compensation and other benefits in exchange for certain commitments. We customize severance packages to meet your specific needs, considering factors like the employee’s tenure, position, and the circumstances surrounding the termination.

• Release of Claims

  A key component of severance agreements is the release of claims, where the departing employee agrees not to pursue legal action against your company. Our attorneys draft clear and enforceable release clauses to minimize the risk of future litigation.

• Continuation of Benefits

  We address the continuation of benefits in our severance agreements, including health insurance coverage under COBRA, retirement plan contributions, and other employee benefits. Ensuring a smooth transition for departing employees helps maintain goodwill and reduces potential disputes.

• Confidentiality and Non-Disparagement Clauses

  Protecting your company’s reputation and confidential information is crucial. Our severance agreements often include confidentiality and non-disparagement clauses to safeguard your business interests and maintain a positive public image.