Sample Washington State Severance Agreement

Posted on Wednesday, October 6th, 2021 at 5:00 pm

This contribution examines some of the most common reasons why employers use termination agreements. Severance pay is not a one-off contract. If you`re worried enough about an outgoing employee to consider a termination agreement, you`re probably aware of some risk, whether it`s in the form of legal action, loss of proprietary information, or reputational damage. A Washington labor attorney can help you tailor the terms of a separation and declassification agreement to protect your business from this risk. HB 1450 not only significantly limits the use of non-compete agreements, but also limits “No Moonlighting” directives and so-called “No Poach” agreements for franchise transactions. . . .

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