This Temporary Employee Severance Agreement ("Agreement") is made and entered into as of , by and between ("Employee") and ("Company").
Employee's temporary employment with the Company will end effective .
Subject to the terms of this Agreement, the Company agrees to provide the Employee with the following severance payment:
In consideration of the severance payment, Employee hereby irrevocably and unconditionally releases and discharges the Company, its affiliates, and all related persons from any and all claims arising out of or related to Employee's employment or separation from employment.
Employee agrees to maintain the confidentiality of this Agreement and not to disclose its contents to any third party, except as required by law.
Employee agrees to return all Company property, including but not limited to documents, keys, equipment, and electronic devices, no later than .
This Agreement constitutes the entire understanding between the parties regarding its subject matter and supersedes all prior agreements, oral or written.