And I was soon informed that the president wished to assure me that there is nothing unusual about such clauses Whoop whoop whoop! This sets off giant alarm bells in my head. It might be totally normal. That doesn't mean you should sign it. It's also an older-than-dirt salesman tactic to say that something you just made up is "totally common." Of course, the company can attach whatever clauses it wants to a separatio…
IANAL, but is that clause even enforceable if tied to severance? Seems like a reasonable argument could be made that signing such a clause when tied to severance negotiations would fall under "duress" from a legal standpoint.
Duress would apply if someone is forcing you to sign.