Ensure a smooth and fair transition when an employee chooses to resign by using this carefully drafted Voluntary Resignation Severance Agreement template. Whether you’re an employer wishing to provide clarity or an employee seeking to formalize the arrangements, this template covers all key areas to provide protection, transparency, and professional closure.
What This Agreement Covers
- Resignation Terms: Defines the effective date of voluntary resignation and duties up through that date.
- Severance Benefits: Details severance pay, continuation of benefits (health, dental, etc.), payout of accrued vacation or leave, and any other agreed compensation.
- Release of Claims: A legal release protecting the employer in exchange for severance, covering claims related to employment or resignation.
- Non-Disparagement & Confidentiality: Ensures mutual respect and protection of proprietary or sensitive information.
- Return of Company Property: Specifies what must be returned and when (keys, devices, documents, etc.).
- Governing Law & Miscellaneous Provisions: Establishes the legal jurisdiction, no admission of wrongdoing, and that the document is the entire agreement between parties.
Why Use This Template
- Saves time and expense vs. drafting from scratch.
- Helps avoid misunderstandings or disputes by clearly laying out both parties’ obligations.
- Legally informed structure that balances employee and employer rights.
- Easy to customize to your jurisdiction, company policies, or individual circumstances.
How to Use
- Download the file.
- Fill in your organization’s details (name, representative, jurisdiction).
- Customize financial terms: severance amount, benefit continuation period, any special compensations.
- Review with legal counsel (especially to ensure compliance with local employment laws).
- Provide to employee, allow adequate time for review.
- Both parties sign and retain copies.
Who Needs This
- Employers who want to formalize voluntary resignations with fairness and legal clarity.
- Employees looking to ensure their rights are acknowledged when resigning.
- HR professionals, consultants, or business owners who handle staff transitions.
