Q: What should a post termination contract look like?
If a financial debt is owed by an employee, and is then wiped away within this contract, is that standard? Also a mention of not suing the company was noted within the contract, is that standard as well? Before termination, the week prior the employee was told that he was “doing good” and providing the necessary support for the team. A new laptop was sent out to replace an old one (freezing issues) and then out of the blue, there was termination. No performance notes were given. Just verbal communication of such.
A: A New Jersey employment attorney should advise here, but your question remains open for a week. You could repost your question with the category "Employment Law" included. But chances are, responses will probably be along the lines of setting up a consult to discuss the matter in more detail. Although you are correct in selecting "Contracts" as a category, what you describe is a special type of contract where the insight of an attorney who understands employment law would be valuable. Good luck
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