What to Check Before Signing a Termination or Settlement Agreement

Checklist

1. The exact date employment ends and how the notice period is calculated
2. Whether the stated reason for termination matches what actually happened
3. Whether you're entitled to statutory severance pay, and its amount
4. What happens to unused holiday days and their payout
5. Whether any bonus, commission or benefits are affected by the timing
6. Any non-compete or confidentiality clauses that survive after termination
7. The deadline to challenge the termination in court if you believe it's invalid
8. Whether signing waives your right to dispute the termination later