Parties & Recitals
Identify the employer and employee by legal name, include job title and dates of employment, and state the reason for the settlement succinctly.
A well-drafted Employee Settlement Form reduces ambiguity about obligations, limits future claims, records the amount and tax treatment of payments, and documents releases and confidentiality obligations to minimize post-termination disputes.
Each signatory should receive an executed copy and related payroll or tax documents as appropriate.
Identify the employer and employee by legal name, include job title and dates of employment, and state the reason for the settlement succinctly.
Specify the exact payment amount, payment schedule, timing, and whether payments are conditioned on signing and non-revocation.
Define the scope of released claims (federal, state, local) and any carve-outs; avoid vague catch-alls that invite future disputes.
State whether settlement terms are confidential and list permitted disclosures (e.g., legal counsel, tax authorities).
Describe whether payments are wages or non-wages for withholding and reporting, and note any employer tax reporting commitments.
Include mutual promises such as non-disparagement, return of property, and acknowledgment of independent advice or opportunity to consult counsel.
| Field | Configuration |
|---|---|
| Signature Type | Electronic signature by each party or in-person signature |
| Authentication | Email link plus optional SMS code or identity verification |
| Routing Order | Sequential signer order or parallel distribution |
| Retention | Auto-archive signed PDF with audit trail |
Ensure your chosen tool can export a tamper-evident signed PDF and retain signer metadata (IP, timestamp) for audit purposes.
| 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 | 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 |
| Envelope Cap | No cap | 100 envelopes/user/year | Varies | Varies | Varies |