Simplify Your Transition with Comprehensive Legal Clarity
Download our Severance Agreement with Stock/Equity Settlement template in fully editable Microsoft Word format—designed for HR professionals, in-house legal teams, and business leaders who want to ensure a smooth and fair departure process.
What’s Included in This Template
- Comprehensive Severance Provisions – Clear terms on severance pay, accrued benefits, and transition support.
- Equity & Stock Settlement Clauses – Designed to handle vested/unvested equity, accelerated vesting options, cash settlements, and exercise windows.
- Benefit Continuation Details – COBRA or local equivalent coverage guidance, plus any supplementary benefit terms.
- Legal Protections – Standard mutual releases, confidentiality, non-disparagement, and return-of-company-property provisions.
- Customization Flexibility – Easily edit governing law, severance formulas, vesting specifics, and other company- or jurisdiction-specific language.
Why Use This Template
- Pre-vetted & Professional – Crafted by legal experts to balance clarity, fairness, and enforceability.
- Adaptable Format – Ready for Microsoft Word so you can tailor it to your unique company policies and legal jurisdiction.
- Mitigate Risk – Covers key legal considerations, reducing the chance of disputes or misunderstandings post-separation.
- Equity-Friendly – Reflects the growing importance of equity compensation in modern employment packages.
Perfect For
- HR Teams looking for consistent, legally sound documentation during layoffs or voluntary separations.
- Legal Counsels drafting equitable and precise termination agreements involving stock or option plans.
- Executives & Founders seeking a fair, structured exit framework that respects both company and employee interests.
How to Get Started
- Click Download to access the Word template instantly.
- Customize the template by filling in your company name, employee details, severance terms, vesting specifics, and other relevant provisions.
- Review and adjust based on your jurisdiction’s legal requirements (e.g., equity plan details, release clauses).
- Execute the agreement with proper signatures from both parties.
