A contract is usually discharged by performance of the terms of the agreement. A contract may be discharged pursuant to a provision in the contract or by a subsequent agreement. For example, there may be a discharge by the terms of the original contract when it says it will end on a certain date. There may be a mutual cancellation when both parties agree to end their contract. There may be a mutual rescission when both parties agree to annul the contract and return to their original positions as if the contract had never been made. This would require returning any consideration (e.g., money) that had changed hands.
Other examples of discharge by agreement are:
• accord and satisfaction;
• a release; and
• a waiver.
A severance negotiation letter template for employees is a pre-drafted document that serves as a guide for writing a personalized letter during the negotiation process of severance packages or termination agreements. These templates are designed to help employees effectively communicate their requests, suggestions, or counteroffers to their employers or human resources departments. Keywords: severance negotiation letter, template, employees, detailed description, negotiation process, severance packages, termination agreements, personalized letter, communicate, requests, suggestions, counteroffers, employers, human resources. There can be different types of severance negotiation letter templates for employees, including: 1. Basic Severance Negotiation Letter Template: This template outlines the fundamental structure and content required for a standard severance negotiation letter. It typically includes sections such as introduction, summary of employment history, benefits and compensation, proposed severance terms, reasons for negotiation, and closing remarks. 2. Counteroffer Severance Negotiation Letter Template: This template is used when an employee wants to counteroffer the initial offer proposed by the employer. It helps employees present their alternative terms and conditions more persuasively, often by highlighting their qualifications, market value, and justifications for the counteroffer. 3. Mutual Agreement to Terminate Employment Letter Template: In situations where both the employer and employee agree to end the employment relationship mutually, this template can be used. It allows employees to propose termination terms that are mutually beneficial, such as extended healthcare coverage, continued pension contributions, or assistance with job placement. 4. Severance Package Enhancement Letter Template: When an employee believes they are entitled to a more favorable severance package based on their contributions, tenure, or legal considerations, this template can be utilized. It assists employees in articulating their case by mentioning their achievements, years of service, employee rights, market standards, and potential legal ramifications to negotiate for a better package. 5. Mediation Request Severance Negotiation Letter Template: If the negotiation process reaches an impasse or requires mediation, this template helps employees formally request mediation services to resolve any disagreements regarding the severance package. It typically includes a concise summary of the disputed terms, reasons for requesting mediation, and a proposed mediation timeline. Remember, these templates serve as guidelines and can be customized to meet the specific circumstances of each negotiation. It is crucial for employees to carefully review and tailor the content to accurately reflect their individual requirements, concerns, and goals.
