Business Tools

Free Membership

Register to become a Business Owner's Toolkit Member for free!

Learn More


 

Toolkit Newsletter sign up

Enter your e-mail address:

Small Business Guide

Thousands of pages of information and tools to help you start, run and grow your business.

Check out the Table of Contents.

Vendor Price Quotes

Get Free quotes from leading vendors. No obligations. [Learn more]

Categories:

Sample Employee Termination Contract Waiving Rights to Sue

When an employee leaves your business, it is always a good idea to ask for a general release relating to the employee's termination. Obviously, an employee leaving on good terms is more likely to sign such a release than an employee who is unhappy about the circumstances surrounding the termination. However, it doesn't hurt to ask, and the results may surprise you. Remember to observe the timing considerations outlined in the document so that the release is valid if the ex-employee chooses to sign it. While the release won't prevent an employee from suing, it can go a long way in preventing him or her from winning.

File Description:
The attached file contains a draft release in rich text format (RTF) that is suitable for use with most word processing programs used in the Windows environment.

Download:
Employee termination contract

More information:
Releases and Severance Agreements








Sponsors Visit BizFilings Small Business Insurance Quotes Visit CDW.com Business Insurance