VOLUNTARY SEPARATION AGREEMENT AND RELEASEVoluntary Separation Agreement and Release • May 2nd, 2007 • Procter & Gamble Co • Soap, detergents, cleang preparations, perfumes, cosmetics
This document contains my agreement with my employer, The Procter & Gamble Company, ("P&G"), resulting from my decision to voluntarily end my employment on ____________(“Last Day of Employment”). This is a legally binding document in which P&G commits itself to pay me a cash separation allowance and provide other benefits described in Parts I and III, below. In exchange, I am agreeing to release P&G from legal liability. P&G and I agree that any disputes we may have now or in the future that are not released by this Voluntary Separation Agreement and Release ("Agreement") will be resolved through binding arbitration, as discussed in Part III, below.
