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by pnw_hazor
1986 days ago
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While severance benefits may help with company goodwill or assuage the feelings of the survivors, I believe the real reason is mostly number 2. Exit aggreements almost always come with liability/discrimination disclaimers and usually new or updated language related to disclosures, company equipment, digital access, IP rights, non-compete language, and so on. Tying the exit agreement to new money provides the necessary consideration to establish a valid contract. |
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