This release agreement seeks to settle claims with an employee in exchange for a more lucrative financial separation package than the employee would otherwise be entitled to (had the employee not entered into this agreement. This release seeks to settle any known and unknown claims under Title VII of the Civil Rights Act of 1964, the Americans With Disabilities Act, the Age Discrimination in Employment Act, the Family and Medical Leave Act, the Pregnancy Discrimination Act, the Fair Labor Standards Act, and state fair employment practices statutes and laws.
This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Wayne Michigan Release Agreement in Letter Form of Employer By Employee for Alleged Violations of Fair Employment Practices Statutes with Form for Employee's Acceptance upon Termination of Job or Employment Dear [Employee's Name], RE: RELEASE AGREEMENT — EMPLOYMENT TERMINATION We hope this letter finds you well. Following recent discussions regarding alleged violations of Fair Employment Practices Statutes during your employment at [Company Name], we have drafted a Release Agreement to address the situation and resolve any potential claims. This Release Agreement (hereafter referred to as "Agreement") is intended to outline the terms and conditions under which both parties, [Company Name] as the employer and you as the employee, agree to settle any disputes or claims related to your employment termination. By signing this Agreement, you acknowledge and accept the terms outlined herein. 1. Valid Release: You understand and agree that, in exchange for the consideration provided in this Agreement, you release [Company Name], its affiliates, subsidiaries, officers, directors, employees, agents, and representatives from any and all claims, actions, demands, or liabilities, whether known or unknown, arising out of or related to your employment or termination thereof, including but not limited to alleged violations of Fair Employment Practices Statutes. 2. Confidentiality: You agree to maintain strict confidentiality regarding the terms and existence of this Agreement, including any discussions leading up to its execution. However, this provision shall not prevent you from discussing matters with your legal advisor, immediate family members, or as required by law. 3. Consideration: In consideration for signing this Agreement, [Company Name] agrees to provide you with [Specify Consideration, if any, e.g., a severance package, bonus, or other agreed-upon compensation] within [Timeframe]. 4. Non-Admission of Liability: The execution of this Agreement by either party does not constitute an admission of any liability on the part of [Company Name]. It is expressly agreed that [Company Name] denies any wrongdoing or liability, and this Agreement is entered into solely to avoid potential litigation and reach an amicable resolution. 5. Governing Law: This Agreement shall be governed by and interpreted in accordance with the laws of the state of Michigan without regard to its conflicts of law principles. Please note that the aforementioned points serve as a general outline of the Wayne Michigan Release Agreement. The specific terms and conditions of this Agreement may vary depending on individual circumstances and negotiations. Furthermore, it is essential that you thoroughly review this Agreement, understand its implications, and seek legal counsel if necessary before signing it. Your acceptance of this Agreement is voluntary and free from any duress or coercion. Upon signing, you agree to abide by the terms herein and refrain from pursuing any further claims or actions against [Company Name]. To signify your acceptance, please sign and return the attached copy of this Agreement within [Timeframe] to the Human Resources department. Thank you for your attention to this matter. We value the contributions you have made during your employment with [Company Name] and wish you the best in your future endeavors. Sincerely, [Employer's Name] [Company Name] Enclosure: Wayne Michigan Release Agreement Keywords: Wayne Michigan, Release Agreement, Fair Employment Practices Statutes, termination of job or employment, alleged violations, employee's acceptance, employer by employee, letter form, termination, employment, claims, consideration, confidentiality, liability, legal counsel, voluntary, duress, coercion.Wayne Michigan Release Agreement in Letter Form of Employer By Employee for Alleged Violations of Fair Employment Practices Statutes with Form for Employee's Acceptance upon Termination of Job or Employment Dear [Employee's Name], RE: RELEASE AGREEMENT — EMPLOYMENT TERMINATION We hope this letter finds you well. Following recent discussions regarding alleged violations of Fair Employment Practices Statutes during your employment at [Company Name], we have drafted a Release Agreement to address the situation and resolve any potential claims. This Release Agreement (hereafter referred to as "Agreement") is intended to outline the terms and conditions under which both parties, [Company Name] as the employer and you as the employee, agree to settle any disputes or claims related to your employment termination. By signing this Agreement, you acknowledge and accept the terms outlined herein. 1. Valid Release: You understand and agree that, in exchange for the consideration provided in this Agreement, you release [Company Name], its affiliates, subsidiaries, officers, directors, employees, agents, and representatives from any and all claims, actions, demands, or liabilities, whether known or unknown, arising out of or related to your employment or termination thereof, including but not limited to alleged violations of Fair Employment Practices Statutes. 2. Confidentiality: You agree to maintain strict confidentiality regarding the terms and existence of this Agreement, including any discussions leading up to its execution. However, this provision shall not prevent you from discussing matters with your legal advisor, immediate family members, or as required by law. 3. Consideration: In consideration for signing this Agreement, [Company Name] agrees to provide you with [Specify Consideration, if any, e.g., a severance package, bonus, or other agreed-upon compensation] within [Timeframe]. 4. Non-Admission of Liability: The execution of this Agreement by either party does not constitute an admission of any liability on the part of [Company Name]. It is expressly agreed that [Company Name] denies any wrongdoing or liability, and this Agreement is entered into solely to avoid potential litigation and reach an amicable resolution. 5. Governing Law: This Agreement shall be governed by and interpreted in accordance with the laws of the state of Michigan without regard to its conflicts of law principles. Please note that the aforementioned points serve as a general outline of the Wayne Michigan Release Agreement. The specific terms and conditions of this Agreement may vary depending on individual circumstances and negotiations. Furthermore, it is essential that you thoroughly review this Agreement, understand its implications, and seek legal counsel if necessary before signing it. Your acceptance of this Agreement is voluntary and free from any duress or coercion. Upon signing, you agree to abide by the terms herein and refrain from pursuing any further claims or actions against [Company Name]. To signify your acceptance, please sign and return the attached copy of this Agreement within [Timeframe] to the Human Resources department. Thank you for your attention to this matter. We value the contributions you have made during your employment with [Company Name] and wish you the best in your future endeavors. Sincerely, [Employer's Name] [Company Name] Enclosure: Wayne Michigan Release Agreement Keywords: Wayne Michigan, Release Agreement, Fair Employment Practices Statutes, termination of job or employment, alleged violations, employee's acceptance, employer by employee, letter form, termination, employment, claims, consideration, confidentiality, liability, legal counsel, voluntary, duress, coercion.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
