When the board of directors or your supervisor called you to a meeting, you likely felt a little trepidation. Maybe things at your California company have been rocky, and you may even have sensed some uneasiness among your managers and staff. Of course, it is always in the back of your mind that you may be terminated, but when it actually happens, it still comes as a shock.
Your director may have told you they were taking the company in a different direction or that they had lost faith in you. Then they offered you a severance. It seems generous and will certainly help tide you over until you can find another position. However, before you accept, be certain you know what you may be trading away.