This release agreement seeks to settle claims with an employee in exchange for a more lucrative financial separation package than the employee would otherwise be entitled to (had the employee not entered into this agreement. This release seeks to settle any known and unknown claims under Title VII of the Civil Rights Act of 1964, the Americans With Disabilities Act, the Age Discrimination in Employment Act, the Family and Medical Leave Act, the Pregnancy Discrimination Act, the Fair Labor Standards Act, and state fair employment practices statutes and laws.
This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Dear [Employee's Name], I hope this letter finds you well. After careful consideration and review of your employment with [Company Name], we have decided that it is best for both parties to terminate your job or employment effective [termination date]. As part of this termination, we are required to provide you with a Maine Release Agreement in accordance with the Fair Employment Practices Statutes. The Maine Release Agreement serves as a legally binding document between you and [Company Name] to settle any potential claims or allegations of violations of fair employment practices that may have occurred during your employment. It is important to note that the agreement does not constitute an admission of liability or wrongdoing on the part of either party. In order to facilitate this process, we have attached a Form for your acceptance of the Maine Release Agreement. This form outlines the terms and conditions of the agreement, as well as the specific rights and obligations of both parties. We kindly request that you carefully review the form and seek legal counsel if needed to ensure that you fully understand its implications. There may be different types of Maine Release Agreements depending on the nature of the alleged violations of fair employment practices. These variations can include agreements related to discrimination, harassment, retaliation, or any other violations as defined by the Fair Employment Practices Statutes. It is essential to address the specific concerns and circumstances of each case individually. Please note that your acceptance of the Maine Release Agreement is voluntary, and you have the right to decline its terms. However, it is important to consider the potential benefits and consequences of making a decision. Should you choose not to accept the agreement, [Company Name] will proceed with any necessary legal actions to protect its interests? We strongly urge you to carefully read the Maine Release Agreement and the accompanying Form before making your decision. If you have any questions or require further clarification, please do not hesitate to contact our HR department. It is our priority to ensure a fair and respectful resolution to this matter. Thank you for your understanding and cooperation. Sincerely, [Your Name] [Company Name] [Position] Form for Employee's Acceptance I, [Employee's Name], acknowledge that I have received and carefully read the Maine Release Agreement provided to me by [Company Name]. I understand that by signing this agreement, I am releasing [Company Name] from any potential claims or allegations of violations of fair employment practices that may have occurred during my employment. I acknowledge that I have had the opportunity to seek legal counsel or advice regarding the terms and conditions of this agreement. Furthermore, I understand that my acceptance of this agreement is voluntary, and I am under no obligation to sign it. By signing below, I affirm that I have fully reviewed, understood, and voluntarily agreed to the terms and conditions stated in the Maine Release Agreement. Employee's Signature: _______________________ Date: _______________________