A Severance Agreement and General Release is a legally binding document used to settle disputes between an employer and an employee when an employee is being laid off or terminated.
This legal template likely pertains to a severance agreement between an employer and employee, providing guidelines and terms for a voluntary termination of employment. It may also include a general release clause to safeguard both parties from any future claims or liability. The addition of "Genie AI" suggests that the template might be tailored for use in automated contract generation using AI technology.
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