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What is a Severance Agreement

If you have been terminated, you may be offered a severance agreement (sometimes called a separation agreement).  They typically contain:
  • An offer of an amount of money in severance payments, either in a lump sum or as continuation of your salary for a set period of time;
  • A release of claims in which you agree to waive any legal claims you may have against the employer; and
  • An agreement by you to return any company property or information.

In addition, these agreements frequently include:
  • A non-disparagement provision;
  • A confidentiality provision requiring you to keep the terms of the agreement confidential; and
  • Reaffirmation by you of any previous non compete, non solicit, or non disclosure obligations.
If you are considering signing a severance agreement, it is a good idea to speak with an attorney first, to make sure you understand what claims you would be giving up, and what your obligations are under the agreement going forward.


Learn more here about evaluating a severance agreement.

Need Help With a Severance Question?

Contact Us
Severance Agreements in Massachusetts employment lawyer

Sharon MA

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​Sharon MA 02067

(781) 784-2322
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  • Home
  • About
    • Slnlaw Offices
    • Fees and Payment
    • Privacy Policy
    • Publications and Interviews
  • Attorneys
    • Emily Smith-Lee >
      • 2018 Lawyer of the Year
    • Jenna Ordway
    • Rebecca Rogers
    • Andrew Silvia
    • Elijah Bresley
  • Reviews
  • Contact
  • Blog
  • Employment Law Solutions
    • Employment Law MA
    • Discrimination in the Workplace
    • Employment Termination
    • Sexual Harassment at Work >
      • Sexual Harassment in a Small Business
      • Sexual Harassment and Non Disclosure Agreements
      • Sexual Harassment and Remote Work
    • Wage and Hour Laws
    • Independent Contractor Law
    • Non Compete Agreements >
      • Are non competes enforceable
      • Massachusetts Non Compete Act
      • Pre 2018 Massachusetts Non Competes
    • Equal Pay Act
  • Estate Planning
    • Massachusetts Wills and Trusts
    • Why You Need an Estate Plan
    • Massachusetts Estate Tax
    • Inheritance Tax
    • How to Make an Estate Plan
  • Business Law Solutions
    • Small Business Law
    • Business Contract Basics
    • Civil Suit Defense
    • Legal Issues for Start Ups
    • Trademark Basics
    • How to Incorporate
    • Sale of Business
  • Legal FAQs
    • Estate Planning FAQs
    • Probate FAQs
    • Small Business FAQs
    • Wage Act FAQs
    • Commission Pay FAQs
    • Overtime FAQs
    • Independent Contractor FAQs
    • Non Compete FAQs
    • Employment Discrimination FAQs
    • Employment Termination FAQs
    • Severance Package FAQs
    • Medical Leave FAQs
    • Sexual Harassment FAQs
    • Massachusettts Unemployment FAQs
    • Employer FAQs
    • Civil Lawsuit FAQs