The Act came into force immediately and applies to all covered employment contracts and transaction contracts concluded, renewed, amended or amended on Or after March 18, 2019, with the exception of collective agreements. On the other hand, it is important for an employee to fully understand all of his options and determine whether he or she has leverage before refusing a severance agreement and trying to negotiate more advantageous terms or more money. The worker must recognize that if he decides to negotiate a better offer, the effect may jeopardize the rejection of the offer and the jeopardy of the former employer`s willingness to award severance pay to the worker. The reality is that a New Jersey employer is not legally required to award severance pay to a laid-off worker, just as the laid-off worker is not required to sign a severance agreement after being laid off. It is important that New Jersey law does not contain confidentiality or confidentiality clauses that prohibit employees from providing details of rights to discrimination based on labour relations. If an agreement to settle labour rights reached after March 18, 2019 contains such a provision, it is likely that this provision will not apply. It is also important to know that employers generally contain provisions that require a worker to waive the right to pursue all rights and that, therefore, severance/settlement agreements should be analysed accurately. In addition, an employer may ask the employee to agree not to disclose information other than the details of discrimination rights, such as payment rights, intellectual property, trade secrets or confidential information. The law provides for two specific exceptions to the NDA ban: (i) non-competition agreements and (ii) confidentiality agreements relating to employer ownership information, which include only non-public trade secrets, business plans and customer information. As a result, employers may continue to include the provisions of the NDA in these agreements. Whether the details of the transaction agreement, such as the amount of consideration paid, can be subject to an enforceable NOA, should be an issue that requires a case-by-case decision.