Quote:
Originally Posted by Plan9
Severance pay. Uh-huh. Enough money to buy a mansion on Mars.
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It should be noted that severace pay isn't only to say something like, "Kay bye! Here's a parting gift!"
In most circumstances, it's also meant to cover pay and benefits for a long enough period for the individual to find equivalent work.
In CEO circumstances, I think it's to stipulate that they are not permitted to sue the company unless they return the severance money.
It's simple, really.