GET A LAWYER!!! You need someone to draft a carefully worded release clearly setting out the terms of the severance arrangement and ensure it’s properly executed. Make sure the employees properly release you from all claims. Urge the employees to carefully read the document and have it reviewed by their own lawyer. Again, PLEASE don’t try to be a hero and do this on your own. I’ve seen countless cases where employers have been sued–often successfully–by an employee with whom they thought they had a legally binding settlement and release agreement. So many ways to void these things, including what’s called “unconscionability.” So, no foolin’ around. Get a lawyer to help you with this. Glenn
