Fill and Sign the Understanding Waivers of Discrimination Claims in Employee Eeoc Form

Resignation and Severance Agreement between Employer and Employee AGREEMENT made this ____ day of ___________, 20___, between ____________________________________, a ________________ (state) corporation, hereinafter called the AEmployer,@ and John Doe, who resides at _____________________________________ (street address, city, zip code) hereinafter called the AEmployee.@ WHEREAS, Employee is presently employed by Employer as _________________________ (name of position); and WHEREAS, Employee desires to resign from this position effective immediately; NOW, THEREFORE, in consideration of their mutual promises set forth herein, the parties hereby agree as follows: 1. Employee hereby resigns from his position as ___________________________ (name of position) effective immediately. This resignation shall be considered to be an irrevocable resignation by Employee, which has been accepted by Employer. 2. Employee and Employer agree that Employee, in addition to his salary for the time he has worked for the month of __________, will receive severance pay in an amount equal to his present salary for the remainder of the month of ____________and for the months of ______________ and ________________ less Federal, State, and Social Security withholding, which net amounts shall be paid to Employee in equal payments on ______________________ (dates). In other words, Employee shall receive a check from Employer for the months of __________
on () employment contract 3. Employee and employer agree that employee will receive a minimum monthly amount of, equal to the difference between federal, state and social security withholding, for the remainder of this month of years of service during which he was employed by employer, which payment shall be paid, not later than 10 months after the beginning of the first month of the next subsequent months in which he has no periods of employment during such month (unless the monthly amount of is reduced by any annual or other reductions in hours), and a prorated amount of on the same basis that employee's employment is terminated. 4. Employee and employer agree that employee will complete his service with employer as soon as practicable. 5. During an employee's initial period of employment with employer his regular salary for that period of employment shall be per month. During his final period of employment with employer's he shall receive the regular salary of per month. (2) termination of employment 6. In the event that an employment relationship between employer and employee terminates with the expiration of one year following the date the employee's employment relationship took such action, an employee who has been employed by this employer for a period exceeding one year shall be offered a position in another state of the United States which is comparable to the position held by said employee except that the hourly pay rate of the position offered shall not be less than that obtained under this section, and upon acceptance of such position the employee shall, within fifteen days thereafter, file with the department the original of the offer of such position and the employee's completed service record. The department shall forward the information furnished to it as herein required and all other relevant material, together with a recommendation from its personnel bureau that the offer be approved, to the governor and to the legislature within fifteen days after furnishing information and documents hereunder. If a resignation is taken in accordance with this subsection, an employee so resigned shall be entitled to the same annual compensation as his former employee upon commencement of service with this employer at a comparable job, except that the minimum annual salary of said employee may be adjusted by the department as appropriate. (3) notice 7. In the event any termination of employment becomes effective with the expiration of one month after the date the termination took effect, notice shall be given in accordance with section 2 of article vii of the constitution. (4) reinstatement of an employee 8. (a) in the event that an