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.
[Your Name] [Your Address] [City, State, Zip] [Email Address] [Phone Number] [Date] [Employee's Name] [Employee's Address] [City, State, Zip] Subject: Puerto Rico Release Agreement for Alleged Violations of Fair Employment Practices Statutes Dear [Employee's Name], I hope this letter finds you well. As per our recent discussions regarding the alleged violations of Fair Employment Practices Statutes during your employment with [Company Name], we would like to present you with a Puerto Rico Release Agreement. This agreement aims to amicably resolve any disputes related to the aforementioned allegations and outline the terms and conditions upon your termination of employment with us. I. Purpose and Scope of the Release Agreement: Our company wishes to maintain a fair and inclusive working environment and adhere to all applicable employment laws. However, in recognition of the allegations brought forward and to ensure a mutually beneficial separation, we propose this Release Agreement. By signing this agreement, you are waiving your rights to pursue any legal claims against [Company Name] arising from your employment, including but not limited to the alleged violations of Fair Employment Practices Statutes. II. Description of Alleged Violations: To establish clarity and transparency, we have thoroughly assessed the alleged violations. They include [provide a detailed description of the alleged violations, clearly outlining the incidents, dates, personnel involved, and any supporting evidence or documentation]. We believe it is in the best interest of both parties to move forward with this agreement to avoid any protracted legal proceedings or potential reputational damage. III. Terms and Conditions of the Release Agreement: The Release Agreement comprises the following key provisions: 1. Monetary Settlement: In consideration for waiving your rights to pursue legal claims, [Company Name] agrees to pay a one-time settlement amount of [specify amount] within [specify timeline] days of signing this agreement. 2. Confidentiality: Both parties agree to maintain the strictest confidentiality concerning the circumstances of your employment and the allegations. This includes refraining from discussing the agreement, alleged violations, or any internal company affairs with third parties. 3. Non-Disparagement: Both parties commit to refraining from making any disparaging or defamatory statements, whether oral or written, about one another. This extends to comments made to colleagues, friends, media, or any other public platform. 4. Return of Company Property: You agree to return all company property, including but not limited to laptops, access cards, identification badges, software, documents, and any other tangible or electronic items, by [specify date]. IV. Acceptance of the Release Agreement: To express your acceptance of this Release Agreement, please sign and return the attached form within [specify timeframe]. If you have any questions or concerns regarding this agreement, please do not hesitate to contact me at [your contact information]. We believe that the proposed settlement outlined in this Release Agreement serves the best interests of both parties involved. By signing this agreement, you acknowledge that you have read, understood, and agreed to its terms and conditions. We appreciate your cooperation in ensuring a smooth transition and timely resolution to the alleged violations. Thank you for your dedicated service during your employment with [Company Name]. We wish you success in your future endeavors. Sincerely, [Your Name] [Your Designation] [Company Name] Enclosure: Puerto Rico Release Agreement Form
