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A release is an agreement not to sue; it waives your right to sue and company and "releases" your employer from legal liability for claims you may have against it.
A release is a legal document that records an employee's agreement to relinquish their right to make any future claims against their employer relating to their employment or the termination of their employment. A release is essentially a contract between the terminated employee and the employer.
As a general proposition, a Virginia employer is not legally obligated to provide the employee with written notice of a termination decision. Some employers, however, prefer to do so. In addition, sometimes the employee will not be returning to the employer's premisesin such a case, a termination letter is necessary.
Terminating is when one party declares the contract is at an end. Releasing the contract means both parties agree that it's over.
Why Should an Employer Write a Letter of Termination? Termination letters serve two main purposes: they help employers keep records of termination decisions, and they provide employees the clarity they need to start the transition to the next stage of their career.
A release is an agreement not to sue; it waives your right to sue and company and "releases" your employer from legal liability for claims you may have against it.
Federally, and in most states, a termination letter is not legally required. In some states, currently including Arizona, California, Illinois and New Jersey, written termination notices are required by law. Some of these states have specific templates employers must use for the letter.
A legal release is a legal instrument that acts to terminate any legal liability between the releasor and the releasee(s), signed by the releasor. A release may also be made orally in some circumstances.
In jurisdictions like Virginia that follow the legal doctrine of at-will employment, there are few restrictions on termination. Under this doctrine, an employer can terminate at any time, for any reason, with or without a cause. Similarly, an employee may resign at any time, for any reason, and with or without cause.
Virginia is an "employment-at-will" state. This means that an employer may generally terminate an employee at any time, for any reason or no reason at all, unless an agreement exists that provides otherwise.