Illinois Severance Agreement Sample

The agreement form on this page allows two parties in an employer-employee relationship to document how their relationship dissolves. The buttons attached to the image on this page allow you to access the PDF, Word, or ODT version of the document displayed. Just because the employer offers a certain severance pay in writing doesn`t mean the amount is set in stone to allow the employer to unilaterally decide how much to receive – they should have a say here too! I have often negotiated successfully and received an increase – of several thousand dollars – equal to the amount of severance pay my clients need to receive. Small enterprises are not legally obliged to grant severance pay or other benefits to dismissed employees, except: 7.1 The worker declares and warrants that he has returned all the employer`s property from the date of separation. These features include, but are not limited to, keys, passwords, access cards, credit or telephone cards, computer hardware or software, products related to the employer or its competition, design, product development, test results, customer information, price and cost information, financial data or information, models or supplier information, Administrative documents, including all correspondence, manuals, letters, A lump sum of severance pay Workers over the age of 40 must contain information about the Law on Age Discrimination in Employment, which protects workers over 40 from age discrimination. If you`re using a template for workers over 40, make sure it makes it clear that the dismissal has nothing to do with their age. And in cases where my client has been laid off (or wishes to leave the labour market) where no severance pay has been offered, I will often inquire about substantive facts to see if there are opportunities to obtain severance pay for my client (what severance pay I have for comparison without recourse and/or as a monetary exit package in recognition of my client`s productive employment and benefits). valuable to the Employer). In addition, I have often received significant severance pay for workers, even though initially the employer did not offer severance pay to the worker – pointing out to the employer certain “realities” (positive and negative). perhaps either denigrate one of the released parties.

The employee is authorized, at his discretion, to provide both oral and written explanations attesting that he was an initial collaborator of Groupon. The Employee acknowledges and agrees that the non-disparagement clause contained in this Agreement is an essential and essential provision of the Agreement and that no agreement would have been reached between the parties without such a clause. If the legal process requires the employee to provide explanations, information or testimonies regarding his employment to one of the exempted parties, he will do so truthfully, which does not constitute a violation of the terms of this agreement. You should be careful before signing the starting agreement until you have played all your options. The fact that your employer is trying to be you gives you bargaining power. But don`t push your happiness too much. If you choose to negotiate, you are effectively refusing your employer`s first offer with a counter-offer. . . .