Separation and Release of Claims Contract (Wisconsin)

The Separation and Release of Claims Contract (Wisconsin) is a legally binding document used by employers and employees in the state of Wisconsin to formalize the terms and conditions under which an employment relationship will be terminated. This template establishes an agreement between the employer and employee, ensuring that both parties mutually release and waive any potential claims they may have against each other. By signing this contract, the employee agrees to relinquish their rights to pursue legal action against the employer for any claims arising from their employment or subsequent termination. The template may address various matters, such as compensation, benefits, confidentiality, non-disclosure agreements, non-competition clauses, non-solicitation of clients, and other obligations that the employee must adhere to even after leaving the company. Additionally, the template can include provisions specifying the applicable state laws, jurisdiction, and other details that govern the terms of the agreement.