{"iri":"https://folio.openlegalstandard.org/RBoOVt5yHWWnfOMfhYNxee9","label":"Severance Pay Clause","sub_class_of":["https://folio.openlegalstandard.org/Rmo6lH3rho7iT8enAYSTSe"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{"de-de":"Abfindungsklausel","fr-fr":"Clause de départ négocié","es-es":"Cláusula de indemnización por despido","pt-br":"Cláusula de indenização","es-mx":"Cláusula de pago por separación","en-gb":"Severance Pay Clause","he-il":"סעיף פיצויי פיטורים","hi-in":"सेवरेंस पे क्लॉज","zh-cn":"离职补偿条款","ja-jp":"退職手当条項"},"hidden_label":null,"definition":"A Severance Pay Clause is a provision in a contract that outlines the compensation an employee will receive upon termination of employment, typically due to layoffs or restructuring.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}