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Virtual Seminar Series

Great Goodbyes and Successful Separations: Negotiating and Drafting the Employee Separation Agreement

Thursday, February 9, 2006
12:00 Noon – 2:00 pm EST
9:00 am – 11:00 am PST
Presented in conjunction with KRM Information Services, Inc.

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Unable to Attend?

What Equipment is Needed?

Who Should Attend?

Who Is Attending?

Past Programs

I. Introduction to Program

II. Description of Hypothetical(s); How to Begin Separation Discussions
*    Objectives/bargaining power of the institution
*    Objective/bargaining power of the employee
*    Factors supporting and factors impeding amicable separation
*    Beginning the conversation

III. Essential and Desirable Elements of the Separation Agreement
*    Confidentiality clauses
*    Non-disparagement clauses
*    Employment references
*    Covenants not to Sue
*    No re-employment/re-application
*    Unemployment compensation
*    Breach, enforcement, arbitration, liquidated damages
*    Taxation issues
*    Other indispensable boilerplate

Questions and Answers

IV. Release, Waiver, and Consideration
*    Terms and scope of release: who, what, when
*    Types and statement of consideration supporting release and agreement
      o    $$
      o    benefits
      o    other
*    Complying with Older Workers' Benefit Protection ACT (OWBPA) and EEOC Rules

Questions and Answers

V. External Limits On Settlement Agreements
*    Examples of state law limits: FOIA, private charities, other
*    Federal limits: IRS excess benefit/intermediate sanction rules

VI. Best Tips and Practices from the Panel

VII. Conclusion and Sign-Off

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