Separation Settlement Agreement Template

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


Sample

Separation Settlement Agreement Template

Printable | Editable Form




Separation Settlement 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 Settlement Agreement is made effective as of [Effective Date] to outline the terms and conditions related to the separation from employment between the parties.
Clause 1: Termination Details
The Employee’s employment with the Employer will officially terminate on [Termination Date].
Clause 2: Severance Payment
In exchange for the Employee’s agreement to the terms herein, the Employer agrees to pay the Employee a severance amount of [Amount], which will be paid within [Timeframe].
Clause 3: Release of Claims
The Employee agrees to release the Employer from any claims arising from their employment or termination thereof.
Clause 4: Confidentiality
Both parties agree to keep the terms of this Agreement confidential, except as required by law.
Clause 5: Governing Law
This Agreement shall be governed by 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 Settlement 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 Settlement Agreement outlines the terms under which the Employee will depart from the Employer, effective as of [Effective Date].
Clause 1: Employment Termination
The Employee’s last working day will be [Termination Date], and the Employee shall complete all necessary exit procedures.
Clause 2: Compensation and Benefits
The Employee will receive a one-time severance payment of [Amount] and continuation of benefits for a period of [Specify Duration].
Clause 3: Non-disparagement
Both parties agree not to make any disparaging remarks regarding each other after the termination of employment.
Clause 4: Return of Property
The Employee agrees to return all company property, including but not limited to keys, documents, and electronic devices, by [Return Date].
Clause 5: Acknowledgment of Understanding
Both parties confirm that they have read and understood the terms of this Agreement before signing.
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 Settlement 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 Settlement Agreement Template

1. Party Information




2. Date of Separation

3. Terms of Separation

4. Division of Assets

5. Child Custody Agreement

6. Financial Obligations and Support

7. Release of Claims

8. Dispute Resolution

9. Signatures and Acceptance

10. Declaration and Signatures




PDF


WORD

Printable

Separation Settlement Agreement Template

Printable | Editable Form




Separation Settlement Agreement Template