severance agreement (Meaning)
Wordnet
severance agreement (n)
an agreement on the terms on which an employee will leave
Synonyms & Antonyms of severance agreement
No Synonyms and anytonyms found
FAQs About the word severance agreement
an agreement on the terms on which an employee will leave
No synonyms found.
No antonyms found.
The severance agreement was carefully negotiated to protect the employee's rights.
Upon signing the severance agreement, the employee agreed to waive their right to pursue legal action against the company.
The severance agreement stipulated that the employee would receive a lump sum payment in exchange for their resignation.
The employee was advised to consult an attorney before signing the severance agreement.
