Severance Agreements
Severance Agreements
North Carolina Severance Agreement Lawyers
Severance agreements are mechanisms used to protect employers from future liability following the voluntary or involuntary termination of an employee. For many executives and professionals, a severance agreement is established in conjunction with an employment agreement at the onset of employment for possible use in the future. For other individuals, a severance agreement is created at the termination of employment. Regardless of your situation, the advice and guidance of an attorney can help you ensure that the agreements are crafted in your best interests.
At the Raleigh law firm of Law Offices of Robert Crawford, our employment law attorney advises both employers and employees in matters surrounding severance agreements and other employment agreements. Contact us to speak with experienced employment law attorney Robert Crawford at our firm.
Severance Agreements - Terms and Conditions
A severance agreement sets forth the terms of separation from the company after employment is terminated. Typically, severance agreements address issues like:
- Severance pay
- Continuation of health care benefits under COBRA or a similar state program
- Transfer of retirement plan benefits
- Surrender of right to sue the employer
- Non-compete clauses
- Confidentiality or non-disclosure clauses
- Non-disparagement
- Out-placement assistance
- References
Understanding Your Rights and Obligations under a Severance Agreement
At our firm, attorney Robert Crawford assists clients with reviewing, negotiating and drafting severance agreements and severance packages. He helps clients understand their rights and obligations under the agreement while also ensuring the agreement will protect their future interests.
Our firm advises employers on the enforceability of severance agreements and advises employees of their rights when considering signing an agreement. We are positioned to provide ongoing, consultative legal services to employers and employees in regard to severance agreements and severance packages. If necessary, we participate in negotiations and mediation arising out of disputes surrounding severance agreements.
Contact Employment Law Attorneys at Law Offices of Robert Crawford Today
Whether you need assistance creating a severance agreement to protect your business, have questions about the enforceability of such agreements or have concerns about receiving your severance package, our lawyers have the experience and knowledge of North Carolina laws to assist you.
