Document background
A Revoke Severance Agreement is used when both parties agree to cancel a previously executed severance arrangement. This document becomes necessary in situations such as mutual agreement to resume employment, discovery of material facts that invalidate the original agreement, or when regulatory requirements necessitate revocation. Under English and Welsh law, it must address key elements including payment returns, tax implications, and the reinstatement of pre-severance rights and obligations. The document ensures legal compliance while providing a clear framework for unwinding the original severance arrangement.
