This means that you waive your rights to assert legal and contractual rights for personal injury. Payment until termination date: The contract must provide that you receive your salary, accrued leave, benefits, bonus and expenses in arrears until the date of termination. Please note that most benefits expire on the date of termination (including life and health insurance), unless otherwise agreed. Do I need independent legal advice before signing a settlement agreement? How much would it cost and how can I pay for it? HR Tip: Before proposing a transaction agreement, check the employee`s records to determine if there are any potential issues that can cause complications.
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