This severance agreement template has 2 pages and is a MS Word file type listed under our human resources documents.
SEVERANCE AGREEMENT This Severance Agreement (the “Agreement”) is made and effective [DATE], BETWEEN: [EMPLOYEE NAME] (the "Employee"), an individual with his main address at: [COMPLETE ADDRESS] AND: [YOUR COMPANY NAME] (the "Employer"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] Whereas Employee is presently employed by Employer. Both parties are interested in an amicable severance of their employer/employee relationship. We therefore make the following agreement: 1. In consideration of Emp