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Articles Posted in Severance

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21 and 7: Magic Numbers for Employees Over the Age of 40

Dallas Employment Trail Lawyer Harjeen Zibari After signing a severance agreement, employees are understandably eager to be paid the funds they are owed. That’s why many employees are often frustrated to hear that they will not be paid immediately signing a severance. For workers over 40, there’s a very specific…

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There’s Nothing Refreshing About “Liquidated Damages”

Increasingly, employers in Texas have been inserting what might be called “liquidated damages” clauses into employment agreements like non-competes or severance agreements. At a basic level, a liquidated damages clause is an agreement that a party to a contract will pay a specific amount if they breach some part of…

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Settlement and Severance Agreements: My employer is giving me money in exchange for my soul

Perhaps you resigned or were terminated or laid-off. On the other hand, you may have sued your employer for discrimination or some other sort of unlawful action. Either way, one of those events caused your employer to offer you a settlement or severance agreement. In exchange for signing the agreement,…

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