diiirect
PlatformTalentDataPricingFuture of work
Sign inPost a role

Explore

  • Platform
  • Talent
  • Data
  • Pricing
  • Future of work
Sign in

Get started

Hire talentI'm looking for work

First shortlist in 5 days

diiirect

Hiring, but direct. A platform and talent marketplace where companies, recruiters, and skilled professionals work together to move from role brief to qualified shortlist faster.

Product

  • Platform
  • Intelligence
  • Categories
  • Talent
  • Pricing
  • Changelog
  • Roadmap

Who it's for

  • For talent
  • For companies
  • For recruiters
  • For non-profits
  • Compare all four

Company

  • Manifesto
  • Case studies
  • Contact
  • Book a demo
  • Press & Media
  • Investors
  • Partners

Resources

  • Templates
  • Assessments
  • Experts
  • Nominate an Expert
  • FAQ
  • Hackathons
  • Apply as talent
  • Start hiring
  • Blog

Tools

  • All tools
  • EOR calculator
  • Resume generator

Legal

  • Privacy
  • Terms
  • Data deletion

Categories

  • Software & Web
  • Data & AI/ML
  • DevOps & Cloud
  • Cybersecurity
  • Blockchain & Web3
  • All categories

By tool

  • HubSpot

Alternative to

  • Upwork
  • Toptal
  • Fiverr
  • Freelancer
  • Guru
Made with🧉in🇦🇷🇺🇸byDraidel
Template library

Templates for every step of hiring and working

Home/Templates/Offboarding & separations/Separation agreement and release
Signable template

Separation agreement and release

A mutual separation agreement with severance consideration, a release of claims, non-disparagement, and confidentiality. Use it when employment ends on agreed terms and the company offers severance in exchange for a release.

  • Made forEmployers
  • Reading time~2 min
  • What's includedFillable fields, signature blocks, and e-signature delivery through Diiirect.
Use this templateSign in or create a free account to customize and send for e-signature.

The template

This separation agreement and release (the "Agreement") records the terms on which the parties end their employment relationship. In exchange for the severance consideration described below, the employee releases the claims described in section 4. The Agreement becomes binding when both parties sign and any revocation period has passed.

1. Parties and separation date

  1. The parties are Company name (the "Company") and Employee full name (the "Employee"), most recently employed as Role title.
  2. The Employee's employment ends on Separation date (the "Separation Date"). Through the Separation Date, the Employee will reasonably cooperate with the transition of their duties.

2. Severance consideration

  1. Provided the Employee signs this Agreement, does not revoke it, and complies with its terms, the Company will provide the following severance consideration: Severance amount and payment schedule.
  2. The Employee acknowledges that this consideration is more than anything the Company already owes and is provided specifically in exchange for the promises in this Agreement.

3. Final pay and benefits

  1. Independent of this Agreement, the Company will pay all salary earned through the Separation Date and any other amounts already owed under Company policy, on the Company's normal schedule.
  2. Benefit participation ends under the terms of each plan; the arrangements that apply are summarized here: Benefits end summary.

4. Release of claims

  1. To the fullest extent permitted by law, the Employee releases the Company, its affiliates, and their officers, employees, and agents from all claims, known or unknown, arising out of the Employee's employment or its ending, up to the date the Employee signs this Agreement.
  2. This release does not waive rights that cannot be waived by law, vested benefits, the right to enforce this Agreement, or claims that arise after signing.

5. Non-disparagement

Each party agrees not to make false or disparaging statements about the other. Nothing in this section prevents either party from making truthful statements required by law or to a government authority.

6. Confidentiality and continuing obligations

  1. The Employee will keep the terms of this Agreement confidential, except with immediate family, professional advisers, or where disclosure is required by law.
  2. Confidentiality, intellectual property, and other obligations that survive employment under agreements the Employee previously signed remain in full effect.

7. Company property

By the Separation Date, the Employee will return all Company property and will not keep copies of Company confidential information in any form.

8. Review and revocation

The Employee has Review period in days days to consider this Agreement before signing and is encouraged to seek independent advice. After signing, the Employee may revoke acceptance within Revocation period in days days by written notice; the Agreement becomes effective once that period passes without revocation.

9. No admission

This Agreement is a compromise. Neither party admits any wrongdoing or liability by entering into it.

10. Entire agreement

This Agreement, together with the surviving obligations referenced in section 6, is the entire agreement between the parties about the separation and can only be changed in a writing signed by both parties. If any provision is found unenforceable, the remainder stays in effect.

Signatures

Employee: ✍ Employee signature Date: Employee signature date

For the Company: Company representative name and title

Signature: ✍ Company signature Date: Company signature date

Highlighted fields are filled in when you customize and send this document on Diiirect.

Jurisdiction note

Release enforceability, mandatory review and revocation periods, severance taxation, and required statutory language vary by jurisdiction and can depend on the employee's age and role. Have local employment counsel review this agreement before offering it.

Not legal advice

This template is provided for general informational purposes only and is not legal advice. Laws differ by jurisdiction and change over time — have a qualified professional review any document before you rely on it.

Related templates

Signable template

Contractor engagement end letter

A formal wind-down letter for a contractor engagement covering final deliverables, the final invoice, access removal, and surviving obligations. Use it to close an engagement cleanly and on good terms.

Employers
Template & guide

Employee offboarding checklist

A step-by-step offboarding checklist covering access revocation, knowledge transfer, payroll, equipment, and communication — each step with an owner and a deadline. Use it so no departure leaves loose ends.

Employers
Email template

Employment verification letter

Verifies employment dates, title, and employment type for a third party, with an optional compensation line used only with the employee's written authorization.

Employers
Signable template

Equipment return acknowledgment

A signed inventory of returned company property with serial numbers, condition notes, and confirmations from both the employee and the company. Use it to close out equipment logistics at offboarding.

Employers
Template & guide

Exit interview form

A structured exit questionnaire covering reasons for leaving, experience ratings, manager feedback, rehire eligibility, and open comments. Use it to turn every departure into honest, comparable feedback.

Employers
Signable template

Final pay acknowledgment

An itemized confirmation of final compensation — salary through the last day, accrued PTO payout, reimbursements, and other amounts — acknowledged by the employee and countersigned by the company.

Employers