severance agreement

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Related to severance agreement: Severance package
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.severance agreement - an agreement on the terms on which an employee will leave
agreement, understanding - the statement (oral or written) of an exchange of promises; "they had an agreement that they would not interfere in each other's business"; "there was an understanding between management and the workers"
golden handshake - a lucrative severance agreement offered to an employee (usually as an incentive to retire)
References in periodicals archive ?
While not all litigation can be avoided, employers can certainly put themselves in a position of strength when defending against such claims with proper preparation prior to the termination and the use of a severance agreement.
month, but warned he may be in breach of his severance agreement with New College if he talks about the merger.
8 million severance agreement with former director of athletics Bill Moos, retaining others by citing attorney-client privilege or attorney "work product.
Kellogg and Sabhlok then signed an amendment to the severance agreement that gave Sabhlok six additional weeks of severance and a bonus in exchange for a broad noncompete clause, but kept all other terms of the original severance agreement in full force and effect.
Each year brings a fresh example of an excessive severance agreement for a failed CEO or other senior executive.
Chapman handed the chef a severance agreement after Vickery offered to resign.
will pay $14 million to Ray Irani, its former chairman, as part of a severance agreement, ending a year of turmoil at the company.
3 million severance agreement with former Athletic Director Mike Bellotti sends exactly the wrong message.