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The content of a deed between an employer (company) and (former) employee (or injured worker) need not only be restricted to a release from actual or potential claims. There is a wide range of matters that can potentially form the content of a deed.eeds of release, within the context of normal employment, are commonly used to finalise contentious (read: quarrelsome, disputed, highly controversial, most often litigious !) matters between employers and (former) employees.
Additionally, the employer must inform the employee that he or she has a certain number of days (21 in Michigan) to decide whether to accept the severance and sign the release. 1  Following the signing of the release, the employee has seven additional days to think about the decision and stick with it or withdraw it.