This Severance Agreement outlines the terms and conditions under which an Employee's employment with an Employer is terminated. It specifies the severance payment the Employee will receive, confidentiality requirements, non-disparagement and non-solicitation clauses, and a release of liability against the Employer. The document serves as a comprehensive agreement that defines the rights and obligations of both parties upon employment termination, ensuring a clear legal understanding and precluding further disputes or claims related to the employment relationship. It is intended to protect the interests of both the Employee and the Employer, with legal jurisdiction specified for resolving potential disputes.