Separation Agreement
A separation agreement is a contract signed when an employee's employment ends that documents final compensation, severance, and each party's remaining obligations. Use this when an employee's time with your company is ending and you want a clear, signed record of final pay, any severance, and each side's remaining obligations.
What's included
A ready-to-use separation agreement with signature fields already placed for Company Representative and Employee. Fill in the bracketed details (like [Company Name] or [Date]) using Docracy's built-in text editor, then send it out for signature.
This is a general template for informational purposes only and does not constitute legal advice. Consult a qualified attorney to review it for your specific situation and jurisdiction before use.
Key clauses
- Final pay and unused benefits
- Severance terms (if any)
- Return of company property
- Release of claims
- Confidentiality and non-disparagement
- Post-employment obligations (e.g., continuing NDA)
What you'll fill in
[Company Name][Employee Name][Separation Date][Final Pay Amount][Severance Amount][Benefits Continuation Details][Company Property to be Returned]Legal summary
Signing this agreement legally documents the terms of an employee's departure, including any final pay or severance owed, and often includes the employee's release of legal claims against the employer in exchange for the agreed compensation. It also typically confirms ongoing obligations that survive employment, such as confidentiality.
Free for up to 2 signers, no account required. Need unlimited? Flat $10/month.
FAQ
Is this Separation Agreement legally binding?
Signing through Docracy uses a simple electronic signature (SES), which is legally recognized for everyday business agreements under laws like the U.S. ESIGN Act and the EU's eIDAS regulation. This is a general template, not legal advice — for high-stakes or regulated agreements, have a qualified attorney review it for your situation.
Who needs to sign this Separation Agreement?
This template includes signature fields for Company Representative and Employee — already placed, so you just fill in the details and send.
Can I edit this Separation Agreement before sending it?
Yes — Docracy's editor lets you edit the text, add or remove signature fields, redact sections, and reorder pages before you send it.
Do I need an account to send this Separation Agreement?
No — it's free for up to 2 signers with no account required. Create a free account only if you want to save it to a dashboard or reuse it later.
Try it with an AI assistant
Paste one of these into ChatGPT, Claude, or your assistant of choice:
“Generate a filled Separation Agreement for an employee being laid off with two weeks of severance.”
“Explain what a release of claims in this Separation Agreement means for the departing employee.”
“Review this Separation Agreement and flag any terms an employee should negotiate before signing.”
Why teams start with Docracy
“Docracy is a great product that I have tested and am using. It is easy to use, has good tools, is always up to date, and implements new features. Highly recommended.”— DACH Advisory
Free for up to 2 signers, no account required. Need unlimited? Flat $10/month.