This Severance Agreement ("Agreement") is entered into between
Employer:
Address:
Employee:
Address:
Effective Date:
The employment relationship between the Employer and the Employee will end effective
The Employer agrees to provide the Employee with the following severance benefits:
In exchange for the severance benefits, the Employee releases the Employer from all claims arising out of or related to Employee's employment or termination thereof, to the extent permitted by law.
The Employee agrees to keep the terms of this Agreement confidential, except as required by law.
The Employee agrees to return all company property by
This document constitutes the entire agreement between the parties concerning severance and supersedes any prior understandings.
This Agreement will be governed by the laws of
Employer Signature: ______________________ Date: ___________
Employee Signature: _____________________ Date: ___________