Ensure a smooth and confidential transition when parting ways with your employees. This professionally designed Non-Disclosure & Severance Agreement is ready to use in Microsoft Word, fully customizable, and legally sound—tailored for employers seeking to protect business interests while offering fair separation terms.
What’s Inside
- All-in-one Agreement: Combines confidentiality, severance, non-disparagement, and release provisions in a single document.
- Editable in Word: Fully tweakable text allows you to adjust details such as payment amounts, benefit duration, termination date, and governing law.
- Covers Key Elements:
- Termination date and final payment acknowledgment
- Severance compensation and benefits continuation
- Non-Disclosure obligations (ongoing, indefinite)
- Return of company property
- Non-disparagement clause
- Broad release of legal claims
- Governing law and entire-agreement language
- Professional & Compliant: Crafted to reflect industry best practices and protect both employer and employee rights.
Benefits
- Save Time & Money: Skip the hassle of drafting from scratch or hiring pricey legal services.
- Peace of Mind: Cover multiple separation aspects—severance, confidentiality, release—in one document.
- Easy Customization: Adapt to your company’s policies, local laws, or individual circumstances.
- Legal Readiness: Prepared with essential legal provisions; advisable to have final review by legal counsel.
Ideal For
- Business owners, HR managers, and in-house legal professionals managing voluntary or involuntary employee separations.
- Companies that need both severance arrangements and confidentiality protections bundled together.
How to Use It
- Download and open the template in Microsoft Word.
- Insert specifics—dates, names, severance amounts, benefit durations.
- Adjust the clauses to suit your company’s policy or applicable state/country law.
- (Recommended) Have legal counsel review before use.
- Deliver the final agreement to the departing employee and obtain their signature.
