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Form Separation Agreement Release for under 40

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This is an agreement that should be used by an employer who intends to terminate the employment of an employee who is under the age of 40. This particular agreement provides that the employer will provide a severance payment and in return the employee will release all claims against the employer. This form agreement should be used by small businesses or other entities that want to terminate the employment of an employee under the age of 40 while providing severance payment.

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