Separation And Release Agreement Template

You can open the Separation And Release Agreement Template in multiple formats, including PDF, Word, and Google Docs.


Sample

Separation And Release Agreement Template

Printable | Editable Form




Separation and Release Agreement Template (1)
Between:
[Name of the Employee]
[Employee’s ID]
[Employee’s Address]
[Employee’s Phone]
[Employee’s Email]
And:
[Name of the Employer]
[Employer’s ID]
[Employer’s Address]
Introduction:
This Separation and Release Agreement (the “Agreement”) is made in order to outline the terms of separation between the Employee and the Employer, effective as of [Separation Date].
Clause 1: Separation
The Employee and Employer mutually agree to the separation of the Employee’s employment, effective [Separation Date].
Clause 2: Compensation
The Employer agrees to provide the Employee with a severance package totaling [Amount], payable according to the following schedule: [Specify terms].
Clause 3: Release of Claims
The Employee hereby waives and releases any claims against the Employer, including but not limited to claims related to employment, discrimination, or violations of employment laws.
Clause 4: Confidentiality
Both parties agree to keep the terms of this Agreement confidential and not to disclose any details to third parties, except as required by law.
Clause 5: Governing Law
This Agreement shall be governed by and construed in accordance with the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Employee]
[Name of the Employee]
[Signature of the Employer]
[Name of the Employer]
Separation and Release Agreement Template (2)
Between:
[Name of the Employee]
[Employee’s ID]
[Employee’s Address]
[Employee’s Phone]
[Employee’s Email]
And:
[Name of the Employer]
[Employer’s ID]
[Employer’s Address]
Introduction:
This Separation and Release Agreement outlines the mutual understanding between the Employee and the Employer regarding the end of their employment relationship effective [Separation Date].
Clause 1: Termination of Employment
The Employee acknowledges that their employment is being terminated by mutual agreement as of [Separation Date].
Clause 2: Severance Payment
The Employee will receive a severance package of [Amount], to be paid in accordance with the terms specified herein: [Specify terms].
Clause 3: Release of Claims
The Employee agrees to release the Employer from any and all claims related to their employment, including any claims of wrongful termination or discrimination.
Clause 4: Non-disclosure Agreement
The Employee agrees to maintain confidentiality concerning any sensitive information obtained during their employment.
Clause 5: Entire Agreement
This document constitutes the entire agreement between the Employee and the Employer and supersedes any prior agreements or understandings.
Signed in [City], [Date].
Sincerely,
[Signature of the Employee]
[Name of the Employee]
[Signature of the Employer]
[Name of the Employer]

Form

Please complete the form below to create the Separation and Release Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Separation and Release Agreement Template

1. Parties Involved



2. Effective Date of Separation

3. Reasons for Separation

4. Compensation and Benefits

5. Release of Claims

6. Confidentiality Agreement

7. Non-Disparagement Clause

8. Governing Law

9. Signatures and Acceptance

10. Declaration and Signatures




PDF


WORD

Printable

Separation And Release Agreement Template

Printable | Editable Form




Separation And Release Agreement Template