Employment & HR
Employee Separation Agreement
Agreement for voluntary employee separation, including severance, release of claims, and post-employment obligations. Two signers (employer and employee).
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# Employee Separation Agreement and General Release **Date:** ___________ This Separation Agreement and General Release ("Agreement") is entered into by and between: **Employer:** ___________ ("Employer") **Employee:** ___________ ("Employee") ## 1. Separation The Employee's employment with the Employer shall terminate effective ___________ (the "Separation Date"). The Employee's last day of work shall be the Separation Date unless otherwise agreed. **Reason for Separation:** ___________ ## 2. Final Compensation The Employer shall pay the Employee: (a) All earned but unpaid wages through the Separation Date; (b) Accrued but unused paid time off in the amount of ___________; (c) Any earned but unpaid bonuses or commissions, if applicable. These amounts shall be paid in accordance with applicable state law regardless of whether the Employee signs this Agreement. ## 3. Severance In consideration of the Employee's execution of this Agreement and the release of claims below, the Employer shall provide the following severance: **Severance Amount:** ___________ **Payment Method:** ___________ The Employee acknowledges that this severance is above and beyond any compensation to which the Employee is otherwise entitled. ## 4. Benefits Continuation
Fields (14)
agreement date
date · required
employer name
text · required
employee name
text · required
separation date
date · required
separation reason
select · required
pto payout
select · required
severance amount
text · required
severance payment
select · required
benefits
select · required
consideration period
select · required
governing state
select · required
employer signer name
text · required
employer signer title
text · required
employee signer name
text · required
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