Common Issues Regarding Severance Agreements

1. What is a severance agreement?
2. Am I entitled to severance?
3. How much severance should I be offered?
3. Does it matter if one or many employees are being let go?
4. Is a noncompete, nonsolicitation, and/or confidentiality clause enforceable upon my termination?
5. What is a nondisparagement clause?
6. What is an OWBPA waiver?
7. Why is there a 21 day consideration period and 7 day revocation period?
8. What is a liquidated damages clause?
9. How does severance affect my ability to obtain unemployment benefits or a pension?
10. What is legally adequate consideration for a general release?

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