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Severance Agreement Lawyer in Delhi
Expert legal assistance for employee separation and full & final settlement
⚠️ Why Severance Agreement is Critical
A well-drafted severance agreement protects employers from future claims (wrongful termination, discrimination, unpaid wages) and ensures smooth employee exit. Without it, ex-employees can file claims even after receiving full payment.
Severance Agreement Services
Protecting employers from post-employment claims
A Severance Agreement (also called Separation Agreement or Full & Final Settlement) is a legally binding contract that releases the employer from all claims in exchange for severance pay or benefits. Our lawyers draft comprehensive severance agreements that protect employers and ensure smooth employee exits.
Key Components of Severance Agreement
Severance Pay
Ex-gratia amount calculation
Release of Claims
Waiver of all legal claims
Confidentiality
Non-disclosure of terms
Non-Disparagement
No negative statements
Return of Property
Company assets, documents
Cooperation
Legal proceedings cooperation
Severance Calculation Guide
| Component | Calculation Method |
|---|---|
| Notice Pay | Salary for notice period (30-90 days) |
Severance Process
Negotiation
Discuss terms
Draft Agreement
Custom severance terms
Legal Review
By employee (optional)
Sign Agreement
Mutual execution
Payment
Full & final settlement
Release
Mutual no-claims certificate
Documents Required
Frequently Asked Questions
Is severance agreement mandatory?
Not mandatory but highly recommended to avoid future litigation.
What claims are released in severance agreement?
Wrongful termination, discrimination, harassment, wage claims, breach of contract.
Can employee revoke signed severance agreement?
For employees over 40, 7-day revocation period required under OWBPA.
Is severance pay taxable?
Yes, severance pay is taxable as income under Income Tax Act.
How long does severance process take?
1-2 weeks from agreement to payment.
What are severance agreement drafting fees?
Based on complexity. Free consultation available.
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