Release and Severance Agreement

Example Definitions of "Release and Severance Agreement"
Release and Severance Agreement. That agreement signed by and between an Employee who is eligible to participate in the Plan and the Employee's Participating Employer under which the Employee releases all known and potential claims against the Employee's Participating Employer and all of such employer's parents, subsidiaries, and affiliates and a Covenant Not to Sue. The Release and Severance Agreement also includes certain post-employment restrictive covenants including non-competition, non-solicitation, confidentiality, and,... employee non-hire/non-solicitation. View More
All Definitions