Earlier this year, the EEOC filed a federal lawsuit against CVS in which it claimed that drugstore chain "conditioned the receipt of severance benefits for certain employees on an overly broad severance agreement set forth in five pages of small print." Specifically, the EEOC took issue with several common provisions that you guys probably use in your severance agreements:
- a general release;
- a non-disparagement obligation;
- a confidentiality provision;
- a covenant not to sue; or
- a cooperation clause
But don't go throwing your severance agreements in the trash just yet.
More after the jump...