What is a Severance Agreement?
A severance agreement is another name for a settlement agreement. This is a legally binding contract between an employer (usually a company) and an individual (usually a former employee).
A severance agreement will set out the agreed terms, including any financial package being offered. A severance agreement may also include terms in relation to shares and share options, non-compete clauses, confidentiality and any directorships.
If you require advice on a severance agreement, please read our Settlement Agreement section on our website for more information and to see how we can assist you.
Please also get in touch with us on our contact form or call us on 01483 303636 to discuss your situation and see how we can help.
