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Severance.

I don't think low-level cabinet assemblers get severance when being fired for incompetence.

I'm sure that this stunt has been tried in the software industry too.

exactly. I would laugh in my bosses face if they gave me something like this to sign.

That's what the witness is for.

To hit the employee until he signs?

to make it irrelevant if s/he signs or not at the exit interview