Employee-side employment law

Severance and Executive Exits Lawyers

A severance agreement trades legal rights for compensation or other terms. Review is not limited to the headline payment. Employees should understand the release, deadlines, taxes, benefits, confidentiality, non-disparagement, cooperation duties, restrictive covenants, equity treatment, and consequences of breach.

State and local law can differ. The work location, employer, claim, and forum determine which rules and deadlines apply.

The question employees ask

Are you being pressured to sign before you understand the leverage?

Discuss your situation

How the law frames it

The legal line is specific.

01

A release can waive significant employment claims, but enforceability requirements vary by the law, claim, employee, wording, and circumstances.

02

Federal law gives workers age 40 and older specific protections for waivers of age-discrimination claims, including consideration and revocation requirements in covered situations.

03

State and local law can differ, and existing employment, compensation, commission, equity, confidentiality, or restrictive-covenant agreements can materially affect the analysis and leverage.

Warning signs

Facts worth a closer look

  • A short deadline paired with pressure not to seek advice
  • A release broader than the offered consideration appears to justify
  • Unclear treatment of bonuses, commissions, equity, benefits, or unemployment
  • New restrictions that did not exist during employment

Evidence

Records that may matter

  • The complete proposed agreement and every attachment
  • Offer letters, compensation plans, equity documents, and prior agreements
  • The termination explanation and evidence related to possible claims
  • A list of practical priorities beyond the headline payment

What to do now

Protect the record and the deadline.

  1. 1Do not sign before reading every incorporated document
  2. 2Calendar acceptance and revocation dates
  3. 3Separate amounts already owed from new severance consideration
  4. 4Identify legal claims and business terms before negotiating

Primary sources

Read the governing guidance.

Source review · July 2026

National overview. Matter-specific analysis.

This page is general educational information, not legal advice. The cited federal sources establish a starting point. Coverage, defenses, procedures, and deadlines can change under state or local law and depend on the employer, forum, claim, and facts.

Meet the attorneys

Related Ohio guide

Severance Agreements in Ohio: What to Know Before You Sign