Employee Severance Agreement

A severance agreement is a negotiated contract that governs the legal rights and obligations of an employer and a former employee after termination. While an employment agreement may provide a Houston small business with certain legal rights after an employee is terminated, it will not guard against allegations, demands, or lawsuits relating to discrimination or breach of an employment agreement.

Any time an employer wants to terminate a key, hostile, or potentially litigious employee, VLF recommends that the business contact a lawyer experienced in negotiating employment agreements that can protect the business against future lawsuits, trade secret misappropriation and potentially unlawful competition.