Is there a law that requires a specific amount of time to consider a severance agreement? 2 Answers as of June 20, 2011

Is there a law that requires a specific amt of time to consider a severance agreement? I was given five days.

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Rice & Co., LPA
Rice & Co., LPA | Kollin Rice
There is no requirement for how long you are given to consider an offer. However waivers of some rights allow a rescission period of from 7 to 30 days during which an agreement can be revoked (with repayment of all compensation, of course.) It is likely that a severance agreement will contain language about this sort of thing. You should review it carefully and consult with an attorney who will be better able to judge whether or not you have been presented with a fair agreement.
Answer Applies to: Ohio
Replied: 6/20/2011
Bernard Huff, Attorney/Mediator
Bernard Huff, Attorney/Mediator | Bernard Huff
Yes. Please check with your State's labor department agency and/or the federal Equal Employment Opportunity Commission
Answer Applies to: Indiana
Replied: 6/20/2011
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