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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.
SEVERANCE AGREEMENTS AND RELEASE OF CLAIMS. A severance agreement is a contract, or legal agreement, between an employer and an employee that specifies the terms of an employment termination, such as a layoff.