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Add esigning Business Separation Agreement

welcome to the contract teardown show from law insider where legal experts tear down contracts from some of the most well-known companies and high-profile executives around the world in this episode attorney matthew curbis walks us through a confidential separation agreement so let's tear it down matthew curbis welcome to the contract teardown show how are you today sir so good so happy to be here mike uh we are getting into some nerdiness this is some new nerdiness because we have not talked about this subject before it is we're just firing people we're firing people left and right it i don't want to say that it's relevant in the current economy but if you're in certain industries uh hello tech it might well be we are doing a confidential separation agreement in general release of all claims let me show it to the folks at home as i do this matthew what is this document when are we going to run into this kind of thing oh you're going to run in this kind of thing if you're an employer and you have to see somebody go usually it's somebody who knows something more than you want the rest of the general public to know or if you're one of the unfortunate people who is being let go um you're going to see maybe this too depending on how high up in the company you are and again sort of what information have you been privy to while you've been working there you're going to get this in a cardboard box don't take the company stapler but what about you matthew what brings you to documents like this uh well i actually represent both employees and employers so yes my my malpractice insurance provider wants me to say i always do a conflict check and i always do but uh but my whole business model is sort of built for the everyday person to be affordable so that's why i um i tend to be more on the employee side with this type of thing but i do represent some smaller employers and on occasion have had to draft these for them all right well let's dig into this document and we're going to start with a keyword which is confidential it mentions it in the title of the document and also down in 6.1 uh it defines confidential separation information what do you think about the way this document is dealing with this term confidentiality and how the people who are having to read this document while you know through tears as they walk out with their cardboard box we've all been there uh maybe you haven't been there i'm fairly unemployable i've been there uh what do you think about the way they're handling the word confidential yeah yeah and at least this person in you know in this document is walking away with half a million so i think they're not too unhappy um at...