FOLIO Ontology

Exploring the Federated Open Legal Information Ontology

Identification

IRI:
https://folio.openlegalstandard.org/R5qDzrHzzGIroGx977pbjc
Label Severance Agreement
Preferred Label Employment Separation Agreement
Identifier N/A
Alternative Labels

None

Definition

An Employment Separation Agreement, also known as a Severance Agreement, is a legally binding document that outlines the terms and conditions under which an employment relationship is terminated. It typically includes details about severance pay, benefits continuation, non-disparagement clauses, non-compete agreements, and other post-employment obligations and rights. This agreement aims to provide clarity and protection for both the employer and the departing employee during the transition out of the company.

Class Relationships

Parent Class Of 0

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Translations

🇩🇪

de-de

Abfindungsvereinbarung

🇫🇷

fr-fr

Accord de rupture conventionnelle

🇧🇷

pt-br

Acordo de rescisão

🇪🇸

es-es

Acuerdo de Separación

🇲🇽

es-mx

Acuerdo de Separación

🇬🇧

en-gb

Severance Agreement

🇮🇱

he-il

הסכם פיצויים

🇮🇳

hi-in

सेवरेंस समझौता

🇨🇳

zh-cn

解除协议

🇯🇵

ja-jp

解雇同意書

Class Hierarchy Visualization

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Additional Information

Metadata

Comment

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Description

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Notes

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Editorial Information

History Note

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Editorial Note

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Deprecated

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Source and Origin

No source or origin information available