# Severance Pay Clause

**IRI:** https://folio.openlegalstandard.org/RBoOVt5yHWWnfOMfhYNxee9

## Labels

**Translations:**

- de-de: Abfindungsklausel
- en-gb: Severance Pay Clause
- es-es: Cláusula de indemnización por despido
- es-mx: Cláusula de pago por separación
- fr-fr: Clause de départ négocié
- he-il: סעיף פיצויי פיטורים
- hi-in: सेवरेंस पे क्लॉज
- ja-jp: 退職手当条項
- pt-br: Cláusula de indenização
- zh-cn: 离职补偿条款

## 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.

## Sub Class Of

- https://folio.openlegalstandard.org/Rmo6lH3rho7iT8enAYSTSe

**Deprecated:** False