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: New Mexico Release Agreement for Alleged Violations of Fair Employment Practices Statutes Dear [Employee's Name], I hope this letter finds you well. As per our recent discussions regarding the allegations of violations of Fair Employment Practices Statutes, we have drafted a New Mexico Release Agreement to address the situation. This agreement is intended to provide a resolution and bring closure to any potential claims or disputes arising from your employment with [Company Name]. The purpose of this agreement is to outline the terms and conditions under which you, as the employee, agree to fully release and discharge [Company Name], its representatives, and all related individuals from any claims, actions, or demands arising from your employment or its termination. By signing this agreement, you acknowledge that you have received any and all compensation owed to you, including but not limited to wages, vacation pay, and benefits, up to the date of termination. Now, let's outline the key provisions of the New Mexico Release Agreement: 1. Release of Claims: By signing this agreement, you are agreeing to release [Company Name] and its representatives from any and all claims, causes of action, or demands arising out of your employment, including any alleged violations of Fair Employment Practices Statutes. This release encompasses all known or unknown claims up to the date of signing. 2. Confidentiality: You understand and agree to maintain the confidentiality of any proprietary information, trade secrets, client lists, or sensitive company information you have been exposed to during your employment with [Company Name]. Breach of this confidentiality provision may result in legal action against you. 3. Non-Disparagement: Both parties agree not to engage in any conduct or make any statements that could harm the other party's reputation, whether verbally, in writing, or online. This includes refraining from making any negative comments about [Company Name] or its employees. 4. Return of Company Property: You confirm that you have returned all company property, including but not limited to laptops, mobile devices, access cards, keys, and any confidential documents or files. You also agree to remove any company-related information from personal devices or online accounts. 5. Governing Law: This agreement will be governed by the laws of the State of New Mexico. Any disputes arising from or related to this agreement will be resolved through binding arbitration in accordance with the American Arbitration Association's rules. Please carefully review the attached New Mexico Release Agreement document. If you agree to the terms, please sign and return a copy to us by [date]. This agreement shall become effective upon receipt of your signed acceptance. If you have any questions or concerns, please do not hesitate to reach out to me directly. We appreciate the contributions you made to [Company Name] and wish you the best in your future endeavors. Sincerely, [Your Name] [Your Title] [Company Name]
