North Carolina Employment Separation and General Release is an agreement between an employee and employer that outlines the terms of the employee's separation from their job. This agreement typically contains details about the employee's compensation and benefits, any potential disputes that need to be resolved, and a release of any claims the employee may have against the employer. There are two main types of North Carolina Employment Separation and General Release agreements: Voluntary Separation and Involuntary Separation. A Voluntary Separation is agreed upon by both the employee and the employer, and typically involves a severance package. An Involuntary Separation is initiated by the employer, and typically involves a termination of the employee's contract. Both types of Employment Separation and General Release agreements must be signed by both parties in order to be legally binding.