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California employers, write up a letter of termination with this easy-to-use Employee Separation Agreement & General Release to be signed by the departing employee.The employee is entitled to COBRA and 401K benefits.The employee agrees not to disclose the terms of his/her termination settlement.The Agreement contains provisions of the federal Older Workers Benefit Protection Act.This California Employee Separation Agreement & General Release form is provided in MS Word format, and is fully editable to fit your specific circumstances.