I have been asked to sign a release in order to receive severance pay from my former employer. There is a clause that I am not sure I understand. It appears that If I sign the release, I can not bring suit against my former employer with the following exception:
''except any action which may arise out of the terms of the release or any action challenging the validity of this release under the Age Discrimination in Employment Act (ADEA)''. Am I correct in assuming that if I sign the release, I could at a later date bring a claim against my former employer under ADEA?