A Separation and Severance Agreement is utilized when an employment relationship is being terminated, whether through layoff, mutual agreement, or other circumstances. This document is crucial in the United States for protecting both employer and employee interests during employment separation. The agreement typically details severance pay, benefits continuation, confidentiality requirements, and release of claims. It must comply with federal legislation including the Age Discrimination in Employment Act (ADEA) and state-specific requirements. The document is particularly important when providing severance benefits in exchange for the employee waiving their right to future legal claims. Special considerations apply when the affected employee is over 40 years old, requiring specific language and review periods as mandated by the Older Workers Benefit Protection Act (OWBPA).
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Parties: Identification of employer and employee
2. Background: Context of employment and reason for separation
3. Definitions: Key terms used throughout the agreement
4. Separation Date: Official termination date and final day of employment
5. Severance Payment: Amount, timing, and conditions of severance payment
6. Release of Claims: Employee's waiver of legal claims against employer
7. Consideration Period: Statutory period for reviewing agreement (21 days for those over 40)
8. Revocation Rights: Right to revoke acceptance within specified period (7 days for ADEA compliance)
1. Non-Compete Provisions: Restrictions on future employment in competitive markets
2. Non-Solicitation: Restrictions on soliciting employees or customers
3. Continuation of Benefits: Terms for extended benefits coverage including COBRA rights
4. Return of Property: Process and timeline for returning company property
5. Reference Provision: Terms for handling future employment reference requests
1. Schedule A - Severance Calculation: Detailed breakdown of severance payment calculation
2. Schedule B - Benefits Summary: Summary of continued benefits and duration
3. Schedule C - Company Property List: Itemized list of company property to be returned
4. Appendix 1 - Release of Claims: Detailed release language required by state/federal law
5. Appendix 2 - ADEA Disclosure: Required disclosure for employees over 40
Relevant legal definitions
Agreement
Company
Effective Date
Employee
Employer
Parties
Release
Separation Date
Severance Payment
Severance Period
Confidential Information
Consideration Period
Revocation Period
Released Parties
Claims
Continuing Obligations
Company Property
Governing Law
Benefits
COBRA
Accrued Obligations
Trade Secrets
Intellectual Property
Non-Compete Period
Restricted Territory
Competitive Business
Cause
Good Reason
Proprietary Rights
Competitive Activities
Company
Effective Date
Employee
Employer
Parties
Release
Separation Date
Severance Payment
Severance Period
Confidential Information
Consideration Period
Revocation Period
Released Parties
Claims
Continuing Obligations
Company Property
Governing Law
Benefits
COBRA
Accrued Obligations
Trade Secrets
Intellectual Property
Non-Compete Period
Restricted Territory
Competitive Business
Cause
Good Reason
Proprietary Rights
Competitive Activities
Clauses
Severance Payment
Release of Claims
Confidentiality
Non-Disparagement
Non-Competition
Non-Solicitation
Return of Property
Benefits Continuation
Tax Considerations
Consideration Period
Revocation Rights
General Release
Governing Law
Dispute Resolution
Indemnification
Cooperation
Amendment
Entire Agreement
Severability
Assignment
Reference Provision
Intellectual Property
Unemployment Benefits
Outplacement Services
COBRA Rights
Waiver
Representation
Integration
Acknowledgment
Survival
Release of Claims
Confidentiality
Non-Disparagement
Non-Competition
Non-Solicitation
Return of Property
Benefits Continuation
Tax Considerations
Consideration Period
Revocation Rights
General Release
Governing Law
Dispute Resolution
Indemnification
Cooperation
Amendment
Entire Agreement
Severability
Assignment
Reference Provision
Intellectual Property
Unemployment Benefits
Outplacement Services
COBRA Rights
Waiver
Representation
Integration
Acknowledgment
Survival
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
Severance Agreement Mutual Non Disparagement
A U.S. legal agreement defining severance terms and mutual non-disparagement obligations between employer and departing employee.
find out more
Non Disparagement Severance Agreement
A U.S. agreement combining severance terms with mutual non-disparagement obligations between employer and departing employee.
find out more
Mutual Agreement Severance
A U.S.-governed agreement between employer and employee establishing terms for mutually agreed employment termination and severance benefits.
find out more
Separation And Severance Agreement
A U.S. legal agreement between employer and departing employee outlining termination terms and severance benefits.
find out more
Severance Package Letter
A US-compliant formal document outlining employee separation terms, including severance pay, benefits, and conditions for release of claims.
find out more
Laid Off Separation Agreement
A U.S. legal document establishing terms for employee termination, including severance and mutual obligations.
find out more
Non Compete Clause In Appointment Letter
A U.S. employment provision restricting post-employment competitive activities, with varying enforceability by state.
find out more
Independent Contractor Severance Agreement
A U.S. legal document that formalizes the termination of a contractor relationship and outlines severance terms.
find out more
Separation Pay Agreement
A U.S. legal agreement defining severance terms between employer and departing employee.
find out more
Severance Contract
A US-governed agreement documenting employment termination terms, including severance payment, benefits, and mutual releases.
find out more
Severance Pay Agreement
A U.S. legal agreement defining severance compensation and terms upon employment termination.
find out more
Confidentiality And Non Disparagement Agreement
A U.S.-governed agreement establishing confidentiality obligations and preventing disparaging statements between parties.
find out more
Layoff Separation Agreement
A U.S. legal document establishing terms for employee layoff, including severance and releases.
find out more
Job Separation Agreement
A U.S. legal document establishing terms of employment termination, including severance, benefits, and mutual obligations.
find out more
Non Disparage Agreement
A U.S. legal agreement preventing parties from making negative statements about each other, subject to federal and state regulations.
find out more
Voluntary Severance Agreement
A U.S.-compliant agreement outlining terms and conditions for voluntary employment termination with severance benefits.
find out more
Mutual Severance Agreement
A U.S. legal agreement defining terms of employment separation, including severance benefits and mutual releases.
find out more
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)