Virgin Islands Separation Agreement and Specific Release

State:
Multi-State
Control #:
US-L06031D
Format:
Word; 
PDF; 
Rich Text
Instant download

Description

This is a separation agreement and release of a partner who is resigning from his firm. In the document, the firm waives its right to 90-days' notice of intent to withdraw from the partnership, and the resigning partner leaves the firm ahead of that date. Matters addressed are: 401(k) contributions, salary settlement, and the prohibition on copying or removing files unless expressly requested by clients.


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  • Preview Separation Agreement and Specific Release
  • Preview Separation Agreement and Specific Release
  • Preview Separation Agreement and Specific Release
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FAQ

Hear this out loud PauseUnder California's employment law, proving a wrongful termination claim depends on whether the termination was unlawful because it: breached the employment contract, breached the implied covenant of good faith and fair dealing, or. violated a public policy.

The separation agreement may, subject to law, include a confidentiality provision that restricts the parties from disclosing its terms, or even its existence, except to a limited group of people (such as attorneys, financial advisors, close family members) or as legally required.

The U.S. Virgin Islands ?Wrongful Discharge Act? applies to employers with five or more workers, and only protects non-supervisory employees who have worked for more than six months at their job. Under the law, employees may be terminated for a number of very specific reasons.

In the simplest terms, a separation agreement is a legal contract between two individuals. It is a written contract that states how the parties have chosen to settle their financial and child parenting issues related to the separation.

Hear this out loud PauseTypes of wrongful termination claims can include dismissal due to discrimination, medical history, retaliation for whistleblowing/complaint filing, organizing a union, or without contractual cause. Compensation for wrongful termination can include monetary damages and/or restoration of employment.

Hear this out loud PauseThis could include being fired for refusing to do something illegal, reporting illegal activity by your employer, or taking leave under the Family and Medical Leave Act (FMLA). To successfully claim this exception, you must be able to point to a specific law or public policy that your termination violates.

Hear this out loud PauseThe federal WARN Act is similar to the Virgin Islands statute in that it requires employers to provide advance written notice to those employees who will be subject to a ?mass layoff? sixty days before the layoff occurs. 29 U.S.C. § 2102(a).

If you and your spouse resume living together as a couple after signing a separation agreement, the law permits the court to void the agreement. However, if your separation agreement includes a reconciliation provision that says it will remain in effect after reconciliation, the court will honor it.

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Virgin Islands Separation Agreement and Specific Release