When it comes to leaving a job, it`s important for both the employer and employee to have a clear understanding of the terms and conditions surrounding the separation. This is where a severance agreement letter comes in. This letter outlines the terms of the separation, including any severance pay or benefits that the employee may be entitled to.

If you`ve been tasked with drafting a severance agreement letter for an employee, it`s important to ensure that it is well-written and legally sound. To help you get started, we`ve put together a sample severance agreement letter that you can use as a guide.

[Your Company Letterhead]

[Date]

[Employee Name]

[Address]

[City, State ZIP Code]

Dear [Employee Name],

As previously discussed, effective [Date], your employment with [Company Name] will be terminated. In accordance with the agreement reached between you and the company, we are pleased to offer you the following severance package:

1. [Severance pay amount or formula]

2. [Continuation of health benefits for a specific period of time]

3. [Other benefits offered, such as outplacement services]

In exchange for this severance package, you agree to the following terms and conditions:

1. You agree to waive any and all claims against [Company Name], its officers, directors, employees, and agents, arising out of or in connection with your employment with the company.

2. You agree not to disclose any confidential or proprietary information concerning [Company Name], its products, or its customers.

3. You agree to return all company property, including but not limited to, keys, laptops, and cell phones, on or before your last day of employment.

4. Within [X] days of signing this agreement, you agree to revoke any and all previously filed claims, complaints, or charges with any government agency or court.

Please review this letter and the attached severance agreement carefully. If you agree to the terms outlined above, please sign and return the agreement to [Company Name] within [X] days. If you have any questions or concerns, please do not hesitate to contact us.

Thank you for your contributions to [Company Name] during your tenure with us, and we wish you the best of luck in your future endeavors.

Sincerely,

[Your Name]

[Title]

[Company Name]