Identification
Full legal names and contact details for employer and employee, plus employment dates to clearly identify the parties and term of employment.
A release provides certainty by resolving potential disputes and defining post-termination obligations, which can reduce litigation risk and clarify benefits. For employees, it documents agreed compensation and the timeline for receiving consideration.
The document should be reviewed by the appropriate parties to ensure legal requirements are met and the release reflects the negotiated terms accurately.
Full legal names and contact details for employer and employee, plus employment dates to clearly identify the parties and term of employment.
Precise description of payments, benefit continuation, or other consideration, including timing, tax treatment, and any conditions precedent.
A clear list of claims being released—statutory, contractual, and tort—so both parties understand the covered cause of action.
A statement that the employee is signing voluntarily with an opportunity to consult counsel and, where required, a revocation period.
Optional confidentiality and non-disparagement terms with precise limits and allowable disclosures for tax reporting or legal compulsion.
Signature blocks, dates, witness or notary lines if required, and a record of the signing method and signer authentication.
| Field | Configuration |
|---|---|
| Authentication | Email link, SMS code, or two-factor depending on risk level |
| Signature Fields | Signature, date, initials, and optional witness or notary areas |
| Conditional Logic | Show payment details only if severance option selected |
| Audit Trail | Capture timestamp, IP address, and signer actions |
Preserve signed documents and metadata in a secure repository that supports access controls and searchable records for audits.
Timeframe the employee has to accept the release before it expires
Any statutory revocation period (e.g., older-worker waivers) must be stated and honored
When severance or other consideration will be paid
When and where to file the executed release for retention
Dates for COBRA election or benefit continuation tied to termination
Employer provides the release and explains consideration and deadlines
Employee consults counsel or considers the terms during the review period
Both parties sign and any witness or notary steps are completed
Consideration paid and executed document filed in the personnel record
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial, no card | Varies by plan | Varies by plan | Varies by plan | Varies by plan |
| Bulk Send | Yes (Business Premium) | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
A mid-sized company offered a standard release with two weeks' severance
An employee and employer negotiated payment to resolve a wage dispute