In recent years millions of employees have been laid off or discharged from employment and handed a termination agreement to sign, generally referred to as a “Severance Agreement” or a “Separation Agreement.” These generally include a general release of all potential claims the employee might have against the employer. Occasionally, employees are handed an employment agreement, especially salespersons, that may restrict their activities in their future employment or business activities, commonly referred to as a Nondisclosure, Noncompete or Non-solicitation Agreement. If this happened to you, your employer may have advised you to consult a lawyer about the agreement, and whether it did or not, it is advisable for you to consult with a lawyer. These agreements can have a major effect on your future, and you want to be sure you are treated properly. It is important to consider the following:
- You are not releasing any rights or claims not in your best interest.
- You are being offered sufficient money in consideration of the claims against your employer you may have.
- You are not being unfairly or unreasonably restricted in your future employment or business activities.
- The offer should contain all the benefits you have coming to you.
- The salary payment should be adequate and fair.
- Payment should also be just. If your termination is discriminatory, you deserve compensation.
Phoenix, Chandler, Tempe, Mesa and Scottsdale Noncompete And Severance Agreements
We have reviewed hundreds of severance agreements and restrictive covenants such as noncompetes over the years, as well as litigated these agreements and contractual provisions. Reviewing severance agreements is just one kind of agreement consultation that David C. Larkin assists with. Our firm also helps review:
- Restrictive covenants
- Noncompete agreements
- Confidentiality agreements
- Non-Solicitation agreements
- Complex transactions
If your employer presents an agreement to you, it is wise to obtain legal advice before you sign. Too many people think the agreement is unenforceable, or that no prospective employer in the future will ever know about this signed contract.
Phoenix, Chandler, Tempe, Mesa, Scottsdale Attorney For Confidentiality
Contracts are binding. By their very nature they diminish your freedom. Before you sign on the dotted line, call Phoenix, Arizona, employment agreement lawyer David C. Larkin at (480) 491-2900, or, write to him using this online form. Put our experience and skills to work protecting your rights. Our goal is always the best possible outcome for you.