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Would you sign this for a severance payment?

Here's what I'm being demanded to sign in order to get paid my severance. “SECTION C – GENERAL RELEASE OF EMPLOYER AND COVENANT NOT TO SUE In consideration for the payment set out in Section B above, Employee agrees to unconditionally release from and covenant not to sue or assert against Employer and all of its past and present parent companies, subsidiaries, related entities, shareholders, directors, members, trustees, officers, current and former employees, agents, insurers, attorneys, predecessors, successors, and assignees (Employer and all the foregoing other persons and entities are referred to collectively in this agreement as the “Releasees”), all causes of action, whether at law or in equity, pertaining to or arising from the employment relationship of the parties and the termination of such employment relationship based in whole or in part upon any act or omission occurring on or before the date of this Agreement, whether negligent or…


Here's what I'm being demanded to sign in order to get paid my severance.

“SECTION C – GENERAL RELEASE OF EMPLOYER AND COVENANT NOT TO SUE
In consideration for the payment set out in Section B above, Employee agrees to unconditionally release from and covenant not to sue or assert against Employer and all of its past and present parent companies, subsidiaries, related entities, shareholders, directors, members, trustees, officers, current and former employees, agents, insurers, attorneys, predecessors, successors, and assignees (Employer and all the foregoing other persons and entities are referred to collectively in this agreement as the “Releasees”), all causes of action, whether at law or in equity, pertaining to or arising from the employment relationship of the parties and the termination of such employment relationship based in whole or in part upon any act or omission occurring on or before the date of this Agreement, whether negligent or intentional, regardless of Employee’s present actual knowledge of the act or omission. The parties intend this waiver to be interpreted and applied as broadly as possible.

The Agreement does not affect Employee’s right to file a charge with or participate in an investigative proceeding before the Equal Employment Opportunity Commission, state civil rights agency, or another federal, state, or local government agency or to communicate or cooperate with any such agency in its investigation, none of which shall constitute a breach of this Agreement. However, Employee is expressly waiving Employee’s right to any relief, recovery, attorney fees, or other monies in connection with any such complaint, charge, or proceeding brought against the Releasees, regardless of who filed or initiated any such complaint, charge, or proceeding.

Causes of action as used in this Section shall mean all claims, causes, judgments, damages, losses, liabilities, and demands of any kind, whether intentional or negligent, known or unknown, in law or in equity, individually or as part of a class or collective action, occurring on or prior to the date of execution of this Agreement, arising under any constitution, federal, state, or local law(s), including but not limited to:

All claims or demands, directly or indirectly, relating to or arising out of Employee’s employment with Employer, including the termination of that relationship.

All claims for violation of any federal, state, or municipal statute, including but not limited to:

• Title VII of the Civil Rights Act of 1964, as amended;

• The North Carolina Persons with Disabilities Protection Act;

• The North Carolina Retaliatory Employment Discrimination Act;

• The North Carolina Equal Employment Practices Act;

• the Family and Medical Leave Act;

• the Americans with Disabilities Act;

• All claims arising from any theory under common law, such as breach of contract, express or implied; promissory estoppel; detrimental reliance; wrongful discharge; tortious interference with contract rights; infliction of emotional distress; and defamation;

• All claims for violation of any federal or state constitution, law, or statute;

• All claims arising out of any other laws and regulations relating to employment or employment discrimination, including claims arising under common law, including any tort, contract, or equitable theory; and

• All claims for attorneys’ fees and costs.

The general release and covenant not to sue does not apply to claims under federal, state, or local law (statutory, regulatory, or otherwise) that may not be lawfully waived and released, including but not limited to, vested retirement benefits (if any), COBRA rights, unemployment compensation, and workers’ compensation.”

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