Documents / Employment & HR
Severance Agreement
Offer severance pay in exchange for a release of claims when an employee's job ends — with ADEA-compliant terms for workers 40 and over.
Time
~10 min
Questions
16
Steps
3
Export
PDF · Word
You'll answer guided questions with a live preview, then export, share, or send for e-signature. Free during launch.
What we'll cover
- 01
The Parties
Important: employees age 40 and over have specific federal rights under the Older Workers Benefit Protection Act (OWBPA), and state laws on releases vary. Have this agreement reviewed by an employment attorney before use.
- 02
Severance Pay & Benefits
- 03
Release & Protections
- 04
Review & generate
AI review, edits, export, and e-signature.
Related documents
Independent Contractor Agreement
Engage a freelancer or consultant with clear terms on scope, payment, IP ownership, and independent-contractor status.
Employment Agreement
Hire an employee with clear terms on position, pay, benefits, confidentiality, IP assignment, and at-will status.
Job Offer Letter
A professional offer letter covering position, pay, benefits, contingencies, and at-will status — ready to sign.