Sales Staff Severance Agreement

This Severance Agreement ("Agreement") is entered into on this day of , 20 by and between ("Employee") and ("Company").

1. Separation Date

The Employee’s employment with the Company will end effective on ("Separation Date").

2. Severance Payment

In consideration for the Employee’s acceptance of and compliance with this Agreement, the Company agrees to provide the following severance payment:

• Amount: $
• Payment Terms:

3. Benefits

The Employee will receive the following benefits until :

• Health insurance:
• Other benefits:

4. Release of Claims

The Employee hereby releases the Company, its affiliates, officers, directors, and employees from any and all claims and liabilities arising from or relating to the Employee’s employment or separation from employment with the Company.

5. Confidentiality

The Employee agrees to keep the terms of this Agreement confidential, except as required by law.

6. Non-Solicitation & Non-Compete

The Employee agrees to the following restrictions for a period of following the Separation Date:

• Non-solicitation of Company clients and employees.
• Non-compete with Company business within geographic area.

7. Return of Company Property

The Employee agrees to return all company property, including but not limited to electronic devices, keys, documents, and materials, by .

8. Governing Law

This Agreement will be governed by the laws of the State of .

9. Entire Agreement

This Agreement contains the entire understanding between the parties, superseding any prior agreements or understandings, whether written or oral.