Review Severance Agreement in Tennessee for Business (2024)
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Severance Agreement
Tennessee
Business
Business
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Severance Agreement
New York
Can I negotiate the terms of a severance agreement with my employer?
I have recently been informed by my employer that my position is being eliminated due to company restructuring, and they have offered me a severance agreement. However, I have concerns about some of the terms in the agreement, such as the non-compete clause and the amount of severance pay being offered. I would like to know if it is possible for me to negotiate these terms with my employer before signing the agreement.
Arthur S.
Severance Agreements are often presented to employees as a "take it or leave it proposition": however, it has been my experience that many of the underlying provisions of these severance agreements are, in fact, negotiable. Also, as an employee, you are not without rights...a fact that is often, though reluctantly, recognized by employers. the agreements prepared on behalf of employers are often heavy handed and should not be entered into by the employee without advice of coounsel./
Severance Agreement
California
Can a severance agreement be digital?
I recently accepted a voluntary severance package from my employer and have been asked to sign a severance agreement. I am curious if this agreement can be signed digitally, as I am not currently in the same city as my employer. I am looking for advice on the legalities of digital agreements and any potential risks associated with signing a severance agreement digitally.
Christina M.
In 1999 the California Legislature enacted the Uniform Electronic Transactions Act (the “UETA”), Civ. Code, §§ 1633.1 et seq., which provides that when a law requires a record to be in writing or requires a signature, an electronic record or signature satisfies the law. The law requires that any contract entered into between two parties may not be denied legal enforceability simply because of the use of an electronic signature. This has also be upheld in the employment law setting in some case law.