In this form, as a result of a lump sum settlement, a former employee is releasing a former employer from any and all claims for breach of contract or wrongful termination as well as any claim under the Employee Retirement Income Security Act of 1974, as amended (ERISA);
any claim under the Age Discrimination in Employment Act, as amended, or the Older Workers Benefit Protection Act; any claim under Title VII of the Civil Rights Act of 1964, as amended;
any claim under the Americans with Disabilities Act, as amended; and any other claim of discrimination or retaliation in employment (whether based on federal, state or local law, statutory or decisional);
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.
The Oregon Release by Employee of Claims against Employer related to Terminated Employment Including the Release of Employee Benefit and Pension Plans and Funds is a legally binding document that outlines the terms and conditions agreed upon between an employee and their former employer upon termination of employment. This type of release typically protects the employer from any future legal actions or claims made by the employee arising from their employment or its termination. It is important to note that specific provisions may vary depending on the individual circumstances and the agreement reached between the parties involved. An Oregon Release by Employee of Claims against Employer may include several key components: 1. Comprehensive Release: This provision ensures that the employee waives and releases any and all claims, demands, or causes of action they may have against the employer, including claims related to their termination, employment, compensation, employee benefits, and pension plans. 2. Confidentiality: This clause protects sensitive and confidential company information by prohibiting the employee from disclosing any proprietary or privileged information to third parties. 3. Non-Disparagement: This provision prevents the employee from making negative or harmful statements about the employer, its executives, or employees in any public or private forum. 4. Waiver of Claims: This section stipulates that the employee voluntarily relinquishes their right to file a lawsuit, complaint, or legal action against the employer for any alleged violation of employment laws, regulations, or contractual provisions. 5. Employee Benefit and Pension Plans and Funds: This clause specifically addresses the release of any claims related to employee benefit plans, such as health insurance, retirement plans, stock options, or other incentives. It's crucial to consult an attorney to ensure the release agreement complies with Oregon state employment laws and adequately protects the interests and rights of both the employer and the employee. Different types of Oregon Release by Employee of Claims against Employer related to Terminated Employment Including the Release of Employee Benefit and Pension Plans and Funds can occur depending on various factors, such as the nature of the employment, the specific terms of the agreement, or any negotiated settlements. However, the main purpose of these releases remains consistent — to settle potential disputes and release both parties from any further liability.
