Mutual Separation Agreement Template

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


Sample

Mutual Separation Agreement Template

Printable | Editable Form




Mutual Separation Agreement Template (1)
Between:
[Name of Employee]
[Employee ID]
[Employee’s Address]
[Employee’s Phone]
[Employee’s Email]
And:
[Name of Company]
[Company ID]
[Company’s Address]
Introduction:
This Mutual Separation Agreement is entered into on [Effective Date] between the above-named Employee and the Company to establish the terms under which the Employee will separate from employment.
Clause 1: Terms of Separation
The Employee and the Company mutually agree to terminate the employment relationship effective [Separation Date].
Clause 2: Final Compensation
The Company agrees to pay the Employee a final compensation of [Amount], which includes salary up to the separation date, accrued vacation days, and any other entitled benefits.
Clause 3: Confidentiality Agreement
The Employee agrees to maintain confidentiality concerning any proprietary information obtained during their employment with the Company.
Clause 4: Release of Claims
The Employee agrees to release the Company from any claims or liabilities which may arise from the employment or separation from employment.
Clause 5: Non-Disparagement
Both parties agree to refrain from making any disparaging remarks about each other following the termination of employment.
Clause 6: 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 Company Representative]
[Name of the Company Representative]
Mutual Separation Agreement Template (2)
Between:
[Name of Employee]
[Employee ID]
[Employee’s Address]
[Employee’s Phone]
[Employee’s Email]
And:
[Name of Company]
[Company ID]
[Company’s Address]
Introduction:
This Mutual Separation Agreement is designed to outline the understanding and agreement on the employee’s departure from the Company effective on [Separation Date].
Clause 1: Acknowledgment of Separation
The Employee accepts that their employment will conclude based on the mutual agreement specified herein.
Clause 2: Severance Package
The Employee will receive a severance package amounting to [Amount], which shall be paid on or before [Payment Date].
Clause 3: Return of Company Property
The Employee agrees to return all Company property, including but not limited to keys, documents, and electronic devices, by the separation date.
Clause 4: Future Employment Reference
The Company agrees to provide a neutral reference regarding the Employee’s tenure, upon request.
Clause 5: Terms of Agreement
This Agreement constitutes the entire agreement between the parties and supersedes any prior agreements regarding the Employee’s employment.
Clause 6: Governing Law
This Agreement will be governed 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 Company Representative]
[Name of the Company Representative]

Form

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

Mutual Separation Agreement Template

1. Employee Information


2. Employer Information


3. Agreement Details

4. Reason for Separation

5. General Release of Claims

6. Severance Package Details

7. Confidentiality and Non-Disclosure

8. Return of Company Property

9. Governing Law

10. Signatures and Acceptance

11. Declaration and Signatures




PDF


WORD

Printable

Mutual Separation Agreement Template

Printable | Editable Form




Mutual Separation Agreement Template