Separation and Release of Claims Agreement (Short-Form) | Practical Law

Separation and Release of Claims Agreement (Short-Form) | Practical Law

A short-form separation agreement, also known as a severance agreement, for use with a departing employee, including a general release of legal claims against the employer in exchange for severance pay or other benefits. This Standard Document is drafted as a letter agreement and intended for use by private companies with non-unionized, at-will employees. It is based on federal law. State and local law may impose different or additional requirements (see Employment Claims in Release Agreements: State Q&A Tool). For a more formal separation agreement, see Standard Document, Separation and Release of Claims Agreement (Long-Form). This Standard Document has integrated notes with important explanations and drafting tips.

Separation and Release of Claims Agreement (Short-Form)

Practical Law Standard Document w-034-1971 (Approx. 22 pages)

Separation and Release of Claims Agreement (Short-Form)

by Practical Law Labor & Employment
MaintainedUSA (National/Federal)
A short-form separation agreement, also known as a severance agreement, for use with a departing employee, including a general release of legal claims against the employer in exchange for severance pay or other benefits. This Standard Document is drafted as a letter agreement and intended for use by private companies with non-unionized, at-will employees. It is based on federal law. State and local law may impose different or additional requirements (see Employment Claims in Release Agreements: State Q&A Tool). For a more formal separation agreement, see Standard Document, Separation and Release of Claims Agreement (Long-Form). This Standard Document has integrated notes with important explanations and drafting tips.