Quote Quoting cbg
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It is 100% normal and SOP to have the kind of general release you mention. In close to 40 years of various HR work for companies of all sizes, I have yet to see a severance package that did not include such a release.
Thanks for the responses. I guess the words terminated and termination made it feel more like I was getting fired than laid off. Verbal communication was laid off and restructuring. The agreement is more about employment termination. I guess that's just protocol. They did say they would not challenge when I file for unemployment. There is a section in there about the "Older workers benefit protection act." The company is always very concerned about that. I feel the reason they are offering the severance is incentive for signing the agreement for peace of mind that I don't try to turn it into an age thing. I don't think that's what it is and that's not my intent.

Anyway... Thanks for the confirmation this is normal protocol.