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Layoff Separation Agreement
"I need a Layoff Separation Agreement for a senior software engineer in California, including a 6-month non-compete clause and severance package worth 3 months' salary, with the separation date set for March 15, 2025."
1. Parties: Identification of employer and employee
2. Background: Context of employment and separation
3. Definitions: Key terms used throughout the agreement
4. Separation Date: Specific date employment ends and final working arrangements
5. Severance Payment: Amount, timing, and conditions of severance payment
6. General Release: Employee's comprehensive release of claims against employer
7. Confidentiality: Terms regarding confidential information and non-disclosure obligations
8. Return of Company Property: Requirements and timeline for returning company assets
9. Governing Law: Jurisdiction governing the agreement and dispute resolution
1. Non-Compete: Restrictions on future employment and competitive activities
2. Outplacement Services: Details of career transition assistance and support services
3. Extended Benefits: Continuation of specific benefits beyond separation date
4. Reference Protocol: Agreement on handling future employment references
1. Schedule A - Severance Calculation: Detailed breakdown of severance payment calculation
2. Schedule B - Company Property List: Itemized list of company property to be returned
3. Appendix 1 - ADEA Disclosure: Required age discrimination disclosure for group layoffs
4. Appendix 2 - Benefits Summary: Summary of continued benefits and COBRA rights
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