Preparing for COVID-19: How Do Severance Agreements Work?

Want a free copy of the Severance Agreement Tom uses in this video?
Get yours here: https://xy155.infusionsoft.com/app/form/sample-severance

With increasing lay-offs due to the impact of COVID-19 on the economy, there's no better time to start understanding severance agreements and how they work. Tom Spiggle does a full walkthrough of a sample agreement, getting past the legal language and discussing the brass tacks of what the provisions of a severance agreement really mean.

Read more about severance agreements and your rights as an employee: https://www.spigglelaw.com/how-do-severance-agreements-work/

TIME CODES:
Overview of Severance Agreements (2:28)
Sample Severance Agreement (5:56)
Severance pay (8:07)
Company Property (13:30)
No-Admission (15:21)
General and Specific Releases (15:52)
Mutual Release (21:29)
Representation (23:01)
Nondisclosure/Confidentiality Agreements (23:36)
Non-Disparagement Clause (27:45)
Non-Solicitation (29:45)
Merger Clause (32:26)
Attorney’s Fees (33:44)
Governing Law (35:54)
Severability (38:18)
Final Parts (39:13)
Key Factors to Consider for a Severance Agreement (39:41)
What Will Not Be in the Severance Agreement (42:21)
OWBPA (42:32)
WARN Act (43:38)
Uniformed Services Employment and Reemployment Rights Act (USERRA) (44:37)
Should you negotiate a severance agreement? (45:58)

www.spigglelaw.com

Видео Preparing for COVID-19: How Do Severance Agreements Work? канала The Spiggle Law Firm