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DOCUMENTLegal agreements · United States

Separation Agreement (US) Template

Release of claims, severance, OWBPA-compliant for ADEA waivers.

US separation agreement — release of claims, severance, OWBPA-compliant ADEA waiver, return of property. $49.

What's on this page

  1. What's in the document — the actual sections, clauses, and notes inside.
  2. Preview — the opening of the document, exactly as you'll receive it.
  3. What you receive — formats included, instant download, lifetime access to quarterly updates.
  4. Methodology — who drafted it, who reviewed it, how it's maintained.
II.
II.What's in the separation agreement (us) template

What's in the separation agreement (us) template.

  • 01Separation date and final pay terms
  • 02Severance amount and payment schedule
  • 03Release of claims (with OWBPA-compliant ADEA waiver)
  • 0421-day consideration / 7-day revocation period
  • 05Harassment, discrimination, and assault claim carve-outs
  • 06Continuation of benefits and COBRA references
  • 07Return of property and confidentiality survival
  • 08Non-disparagement (mutual where appropriate)
  • 09Reference language for future inquiries
III.
III.Preview

The opening, as written.

A Separation Agreement turns a termination into a release-of-claims transaction. The company pays severance; the departing employee waives potential claims against the company. The exchange protects both parties and is the standard structure for any termination involving severance. This template is OWBPA-compliant for employees 40+ (ADEA waiver requirements: 21-day consideration period, 7-day revocation window, separate notice document for group RIFs). Includes harassment claim carveouts under the Speak Out Act.

The full document continues. Purchase to receive the complete file.

IV.
IV.What you receive

Delivered instantly.

Three formats

.docx for Word, .pdf for sharing, and a Google Doc-compatible export. One purchase, all three.

Instant download

Receipt and download link by email within seconds. Link stays active for 30 days.

Quarterly updates

When the document is revised, we email you the new version free. Forever.

Single-buyer license

Use within your organization, internally and externally with your counterparties. Not for resale.

V.
V.Frequently asked

Questions about the separation agreement (us) template.

OWBPA-compliant?

Yes — for employees 40+, includes 21-day consideration period, 7-day revocation window, and the specific advisory language required by the Older Workers Benefit Protection Act.

What can't be waived?

Workers' compensation claims, unemployment benefits, vested 401(k), and (post Speak Out Act 2022) pre-dispute sexual harassment or assault claims.

Mutual non-disparagement?

Template offers both unilateral and mutual versions. Mutual is more common at senior levels; unilateral is more common for lower-level separations.

VI.
VI.Get the document

Separation Agreement (US), $49.

Instant delivery. .docx, .pdf, and Google Doc formats. Quarterly updates free for life.