Docstoc Legal Agreements
This Employment Separation Agreement & General Release is used by a company when
terminating an employee. It provides for unemployment insurance benefits and a
severance payment to the terminated employee. In exchange, the terminated employee
agrees to release the company from any and all claims and actions arising out of his or her
employment at the company. This document should be used by companies located in
Indiana when terminating an employee as a means of protection from future litigation
arising out of the employment relationship.
®
DISCLAIMERS: ALL INFORMATION AND FORMS ARE PROVIDED “AS IS” WITHOUT ANY WARRANTY OF ANY KIND, EXPRESS, IMPLIED, OR
OTHERWISE, INCLUDING AS TO THEIR LEGAL EFFECT AND COMPLETENESS. They are for general guidance and should be modified by you o r your
attorney to meet your specific needs and the laws of your state. Use at your own risk. Docstoc, its employees or contractors who wrote or modified any
form, are NOT providing legal or any other kind of advice and are not creating or entering into an Attorney -Client relationship. The information and forms
are not a substitute for the advice of your own attorney. Use of this document and our service are deemed to be your acknowledgement and agreement to
the following: The disclaimers and links on this page and the back page(s); our Terms of Service (http://www.docstoc.com/popterm.aspx?page_id=15), and
read more here (http://www.docstoc.com/popterm.aspx?page_id=114) for additional disclaimers and more. You also agree that if you are not the person
using the document and services that you will provide such person(s) who will be with these front and back disclaim er pages. This document is not
approved, endorsed by, or affiliated with any State, or governmental or licensing entity.
Entire document copyright © Docstoc®, Inc., 2010 - 2013. All Rights Reserved
EMPLOYMENT SEPARATION AGREEMENT & GENERAL RELEASE
THIS EMPLOYMENT SEPARATION AGREEMENT (hereinafter referred to as
“Agreement”) is made effective as of ______ [Month] ____ [Date], 20___ [Year], by and
between __________________________ [Instruction: Insert the name of the employee]
herein after referred to as the “Employee” and ___________________________ [Instruction:
Insert the name of company] including its members, owners, directors, agents, employees,
attorneys, assigns, and representatives hereinafter referred to as the “Company”.
WHEREAS the Employee has been employed as the _______________________ [Instruction:
Insert the designation of the Employee] from ____ [Month] ___ [Date], 20____ [Year];
WHEREAS the Employee is irrevocably separating from employment with the Company
effective ______ [Month] ____ [Date], 20___ [Year], hereinafter termed as the “Employment
Termination Date”.
WHEREAS it is the desire of the Company and the Employee to set forth herein their mutual
agreement with respect to all matters relating to (i) the Employee’s separation from employment
with the Company; and (ii) the Employee’s release of claims, all set forth herein;
NOW THEREFORE, for and in consideration of the mutual covenant and promises contained
herein, the parties hereby agree to as follows:
1. Termination of Employee.
Separation from employment was involuntary, occurring in connection with
________________________________________________________________________
________________________________________________________________________
________________________________________________________________________
[Instruction: Insert list of reasons. E.g., Reduction in workforce brought about by
economic conditions in the company’s marketplace, etc.] The Company agrees that
Employee is entitled to receive unemployment insurance benefits as a result of the
© Copyright 2011 Docstoc Inc. registered document proprietary, copy not 2
termination. Company specifically confirms that there was no misconduct on the part of
Employee, as the term “Misconduct” is defined for purposes of determining eligibility for
unemploymen