After you have applied and been selected to participate in VRIP, you will receive a final Letter Agreement.Sample Letter Agreement • June 4th, 2020 • Virginia
Contract Type FiledJune 4th, 2020 JurisdictionThis letter agreement (“Agreement”) sets forth the terms and conditions under which the County of Henrico, Virginia agrees to pay and you agree to accept the incentive payments and benefits of the Henrico County Voluntary Retirement Incentive Program (VRIP). In exchange for the VRIP incentive payments and benefits, you are being asked to release the County from claims, as described more fully in Paragraph 5 below. You are encouraged to discuss this Agreement with an attorney.