Separation Agreements

New York Severance Agreement Lawyer

When a severance agreement is drafted correctly, it protects the employer from future litigation while providing for the needs of the discharged employee. Unfortunately, severance agreements are often left to human resource managers or attorneys who may not have experience with the unique provisions of properly drafted severance agreements.

We give you confidence that your severance package is right for you

At the employment law firm of Sapir & Frumkin LLP, in White Plains, New York, drafting and reviewing severance agreements and termination benefits packages are areas of special focus. We work closely with employees and employers as clients, to ensure that the severance package is fair and satisfactory for all sides.

When you sign a severance agreement, you are signing a contract

Before you sign a severance package, make sure you understand what the final terms and conditions are. We draft and review agreements and packages and will clearly explain how the provisions of the agreement will affect you. Contact us to schedule an opportunity to meet with attorney Donald Sapir, William Frumkin, or another Sapir and Frumkin attorney about your severance agreement legal issues. Our attorneys have more than forty combined years of employment law experience and have helped hundreds of employees and employers move ahead with confidence.

What does a typical severance agreement include?

Severance agreements are always specific to the needs of the employee and employer involved. In our experience, a well-drafted severance package can include provisions such as:

Severance pay: Often drafted in terms of a specific number of weeks, and may include pay for unused vacation and unused earned sick days and personal time off. Terms of payment are generally specified in the terms of the agreement, and may include a lump sum payment or be paid over a specified period of time.

Outplacement services: The employer may include provisions for job search and counseling help to the separated employee obtain a new position.

Health insurance, life, and other insurance: The employer may agree to provide continued insurance coverage for a specified period of time. The agreement may specify who will pay for the continued coverage.

Terms of separation: The separation agreement will include terms and expectation on the part of the employee and employer. Terms may include conditions such as agreements not to work for a direct competitor for a specified period of time and nondisclosure of trade secrets.

Every separation agreement is different and specific to meet your needs

Every separation agreement is different, but they are all specific to meeting the needs of the employee and employer. Whether you are an employee or an employer, we can help make sure that you are completely comfortable with the terms and condition of any separation agreement before you sign. Contact us to schedule a meeting.