Fill and Sign the Release Agreement in Letter Form of Employer by Employee for Alleged

Release Agreement in Letter Form of Employer By Employee for Alleged Violations of Fair Employment Practices Statutes with Form for Employee’s Acceptance (upon Termination of Employment) _______________________________________________ (Date) ____________________________________________________________ (Name of Employee)________________________________________________________________________________________________________________________________________ (Address of Employee) Dear ________________________________________________________ (Name of Employee) The purpose of this letter is the serve as the formal notice of your lay-off effective _____________________________________________________ (date), and to state that in appreciation of your loyal service to ________________________________________________ ___________________________ (Name of Employer), and in consideration of your agreement to the terms and conditions of this letter, _____________________________________________ (Name of Officer), the President and CEO of _________________________________________ (Name of Employer), has authorized a severance package that exceeds the severance payments to which you would otherwise be entitled under the termination policy of ___________________ _________________________________ (Name of Employer). To be eligible for this additional consideration you must return to the undersigned a signed copy of this letter. Should you choose not to sign this letter, you will receive the normal severance of (e.g., one week's pay for each full six months of service and medical coverage for ____days after your date of termination) ________________________________________________________ _________________________________________________________________________________________________________________________________________________________________________________________________________________________________________. Instead of the above normal severance, ________________________________________ ________________________________ (Name of Employer), offers you the following: (the following paragraphs 1 – 4 are sample inducements, terms and conditions :) 1. A lump-sum payment equivalent to one week's pay at your current salary for each full six months of service calculated to ______________________________________________ (date). Additionally, you will be given four more weeks' pay at your current salary. The gross amount of such payment is $________________.
 35,00  usd/month (for each month). 2. A lump-sum payment equivalent to one week's pay at your current salary for each full six months of service calculated to (date). Additionally, on the day of your lay-off, your annual salary will be considered at a rate equal to the final salary calculated in the preceding month for a full six months of service, for which, you are entitled to 12 months of annual salary, plus 12 additional months of pension at your regular rate. As a supplement,  (the last two paragraphs are sample severance pay!) 3. A lump-sum payment equal to one week's wage at your current salary for the final three months of service calculated to (date). Additionally, you will be given at the time of your termination, five more weeks' pay at your current salary. The total amount, including (the last two paragraphs), of such offer is