Parties
Full legal names and business entities for employer and employee, including employer's corporate form and employee's legal name.
A clear release allocates post-employment risk, resolves disputes efficiently, and provides certainty around settlement terms. When drafted properly, it preserves enforceability while identifying statutory exceptions and required disclosures under U.S. electronic signature law.
Both parties should document consideration and confirm that the release does not attempt to waive non-waivable statutory rights.
Full legal names and business entities for employer and employee, including employer's corporate form and employee's legal name.
A clear list or broad description of claims being released with precise temporal limits and any state-law carve-outs explicitly noted.
Specific monetary or non-monetary consideration stated clearly, including timing, conditions, and tax treatment if relevant.
Explicitly reserve statutory or public-policy rights (e.g., unemployment, workers' compensation, certain discrimination claims where waivers are restricted).
Mutual statements about authority, voluntary execution, and absence of duress to strengthen enforceability.
Signature blocks, dates, witness or notary fields if required, and a clause covering electronic signatures and record retention.
| Field | Configuration |
|---|---|
| Signature field | Required for primary signer |
| Date field | Auto-fill or signer-entered MM/DD/YYYY |
| Authentication | Email link or SMS code |
| Retention setting | Enable tamper-evident archive |
Keep configuration records and choose settings that demonstrate intent, consent, attribution, and reliable retention.
Provide reasonable review time; allow at least 7 days for complex waivers
Specify expiration of the offer to avoid ambiguity
State when severance or settlement funds will be delivered
Note any short statutory rescission rights where applicable
Store signed files immediately after execution
| Criteria | Release | Settlement Agreement |
|---|---|---|
| Typical scope | broad claim waiver | detailed reciprocal obligations |
| Consideration required | ||
| Common use | severance/termination | formal dispute resolution |
| Revocability | limited | limited |
| 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 trial | Varies | Varies | Varies | Varies |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |