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Accord and Satisfaction and Release between Employer and Executive...

Termination Without Severance In Pennsylvania

Category:

Employment - Resignation

State:

Multi-State

Control #:

US-0030BG

Format:

Instant download

Description

A Release is a document which, if properly used, effectively extinguishes potential causes of action on the part of the releasing party. Thus, in employment situations, the Release is usually a written record of the intention of an employee to relinquish claims of all sorts against the employer. A severance agreement is a contract between an employer and employee documenting the rights and responsibilities of both parties in the event of job termination. The contract specifies any severance package of pay and benefits and the conditions under which it will be provided or withheld.

An Accord and Satisfaction is an Agreement between two parties to a contract, in which one party (which has a legal claim against the other) releases the other party from its obligations in return for some form of compensation. The agreement is the 'accord,' and the compensation is the 'satisfaction.'

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FAQ

Pennsylvania does not have a state law requiring employers to provide advance notice of termination. However, employers may be subject to the federal WARN Act, which requires some employers to provide advance notice of mass layoffs or plant closings.

How do you write a Termination Agreement? Provide the names and mailing addresses of each party involved. Provide details from the original contract. Select a termination date after which the contract will no longer be in effect. State if either party is providing compensation as part of the Termination Agreement.

A: Usually, you can be fired for just about any reason (or no reason) at all. The normal rule in Pennsylvania is “employment-at-will”. That means that most of us can be fired for just about any reason. Most of us can be fired because our boss doesn't like us, or because it is raining outside.

Pennsylvania is an at-will employment state, which means that in the absence of a written employment or collective bargaining agreement, either the employer or the employee may terminate employment for any reason that is not contrary to law. Stumpp v. Stroudsburg Mun. Auth., 658 A.