GENERAL RELEASE OF ALL CLAIMS
This severance agreement and general release of all claims (“Release”) is
entered into this
day of
, 2000, by and between_______ (“____”) or
“EMPLOYEE”) and ____________, and their officers, representatives, agents,
principals, partners and employees (all collectively referred to as “EMPLOYER”).
RECITALS
A.
EMPLOYEE was employed by EMPLOYER as JOB TITLE, from on or
about START DATE, until END DATE. EMPLOYEE claims, inter alia, that EMPLOYER
breached its contact with EMPLOYEE, owes EMPLOYEE commissions and/or wages,
and other damages.
B.
EMPLOYER wishes to pay to EMPLOYEE, and EMPLOYEE wishes to
accept $AMOUNT ONE Dollars gross pay as W-2 wages, and $AMOUNT TWO Dollars
as compensation for other claims, including interest, penalties, attorneys fees, costs,
emotional distress and other damages resulting from claims asserted. It is understood
and agreed that EMPLOYEE’s last day of work is END DATE, and EMPLOYEE will not
reapply for employment with EMPLOYER in the future. EMPLOYER desires to settle
and compromise any and all possible claims EMPLOYEE may have against
EMPLOYER arising out of the employment relationship, and to provide for a release of
any such claims, whether or not such claims have been asserted. Such claims include
certain allegations made or which could be made by EMPLOYEE, which claims are
disputed and denied by EMPLOYER. Therefore, it is agreed and understood that this
Release is a compromise of any and all potentially disputed claims, and that this
Release is not an admission of liability or wrongdoing by any party.
AGREEMENT
1.
IN CONSIDERATION of payment in the above amounts, EMPLOYEE
does hereby unconditionally and absolutely release and discharge EMPLOYER from
any and all loss, liability, causes of action, suits of any type and/or claims of any type,
related directly or indirectly or in any way connected with EMPLOYEE’s employment at
EMPLOYER or the termination of her employment. This Release applies to any claims
arising out of or related to EMPLOYEE’s employment with EMPLOYER or her
termination therefrom.
2.
IN FURTHER CONSIDERATION of the above, EMPLOYEE agrees that
she will not prosecute in any administrative agency, whether federal or state, or in any
court, any claim or demand of any type related to her employment, it being the intention
of the parties that with this Release, EMPLOYER will be forever discharged from all
obligations to EMPLOYEE arising out of or related to her employment. This release
includes, but is not limited to, claims of breach of contract or misrepresentation or
wrongful termination arising out of or relating to employment or the termination thereof,
or any alleged violations of Title VII of the Civil Rights Act of 1964, the Age