The phrase "a termination package" is correct and usable in written English.
It is typically used in the context of employment to refer to a compensation package offered to an employee upon termination of their employment.
Example: "After the company downsized, many employees were offered a termination package that included severance pay and extended health benefits."
Alternatives: "severance package" or "exit package".
[C4.] No Outside Opinion at Disney The former board member of Walt Disney who negotiated a $140 million termination package for Michael Ovitz, testified that he never sought an outside legal opinion on whether Disney could fire Mr. Ovitz for cause.
He said he believed the allegation of harassment was not the only issue involved in the woman's termination package.
American did not disclose details of Mr. Carty's termination package last night, nor did it say whether Mr. Carty would continue to play a role at the company.
They said a resolution urging his dismissal would be introduced on Tuesday; if the chief were fired, his termination package would be reduced by about $130,000, largely because of unused sick time and holiday time that he is claiming.
The bankruptcy creditor's committee and Enron both said they needed more time to investigate Frevert's claim, and the former said his "employment and termination package was substantially increased shortly before the filing," adding his "duties remained unclear" until after his firing in December.
Many chief executives have recently received what are perceived as generous termination packages.
No doubt shareholders will be asking whether JPMorgan rewarded these traders with termination packages, but also about clawbacks.
This includes managing claims in the tribunal and court, negotiating termination packages and working with them to plan how the business wants to manage its workforce.
She noticed, when she worked on big termination packages after mergers, that men would feel their worlds were collapsing while women's egos were "more diversely invested".
