California Employment Law
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I am sending this in response to your email, and I will attach it there.
The agreement is a standard separation and release agreement, in which you are being provided a severance in exchange for releasing any and all claims that you may have against your employer, including those based on discrimination due to a protected class.Unless you were planning on filing a claim with the DFEH or EEOC alleging discrimination of any kind, or think you have another cause of action against your employer, there is no detriment to you by signing the agreement.(Also as the previous expert mentioned, there is no right to receive any amount in severance from your employer, and the agreement offers you 3 months of severance and continued medical care for 3 months, so this is actually a really good arrangement for you as the employee).Specifically, it would not affect your ability to apply for and receive unemployment benefits, as the agreement states that your application for benefits will not be contested by the employer, as well as stating that you have been terminated through no fault of your own due to the closing of the Long Beach office.