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.
[Your Name] [Your Title] [Company Name] [Company Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Employee's Name] [Employee's Address] [City, State, Zip Code] Subject: Colorado Release Agreement for Alleged Violations of Fair Employment Practices Statutes Dear [Employee's Name], We hope this letter finds you in good health and high spirits. As per the termination of your employment with [Company Name], we are hereby providing you with a detailed description of the Colorado Release Agreement concerning alleged violations of Fair Employment Practices Statutes. This agreement is designed to ensure a fair and amicable resolution between you and [Company Name]. 1. Agreement Overview: The Colorado Release Agreement aims to settle any alleged violations of Fair Employment Practices Statutes that occurred during your employment with our company. It is important to understand that this agreement does not in any way indicate an admission of guilt or liability on the part of [Company Name]. Rather, it serves as a mutually beneficial means to bring closure to any potential claims or disputes. 2. Types of Colorado Release Agreement: There are different types of Colorado Release Agreements that may be applicable based on the circumstances. Such circumstances include but are not limited to the following: a) General Release Agreement: This type of agreement serves as a comprehensive resolution for any and all alleged violations of Fair Employment Practices Statutes during your employment. b) Specific Release Agreement: In certain cases, specific allegations may require a separate release agreement to address those particular claims or concerns. This ensures a more focused and precise resolution regarding the alleged violations. 3. Terms and Conditions: The Colorado Release Agreement encompasses specific terms and conditions to ensure clarity and protection for both parties involved. These may include, but are not limited to: a) Termination of Claims: By signing this agreement, you agree to waive any and all claims, causes of action, or demands that you may have against [Company Name] arising out of your employment or termination from the company. This includes alleged violations of Fair Employment Practices Statutes. b) Consideration: In exchange for your acceptance of this release agreement, [Company Name] agrees to provide you with [specify consideration, such as severance pay, continued benefits, or other agreed-upon compensation]. This consideration is subject to your compliance with the terms outlined in this agreement. c) Non-Disparagement: Both parties agree not to engage in any actions or communications that may damage each other's reputation, personally or professionally. This ensures a respectful and constructive post-employment relationship. 4. Acceptance of Agreement: To proceed with the acceptance of this Colorado Release Agreement, we kindly request your signature on the enclosed acceptance form. Along with your signature, please indicate your acknowledgment of understanding the terms and conditions outlined in this agreement. Please note that you have a reasonable period of [specify time frame] to review this agreement and seek legal counsel, if desired. We encourage you to carefully read and comprehend the content provided before making your decision. Upon your acceptance, we will promptly provide you with the agreed-upon consideration outlined in this agreement. We appreciate your understanding and cooperation throughout this process. Should you have any questions or concerns, please feel free to reach out to me directly at [Phone Number] or [Email Address]. Thank you for your contributions during your tenure with [Company Name]. We wish you every success in your future endeavors. Yours sincerely, [Your Name] [Your Title] [Company Name]
