Offer Summary
A short description of the separation offer, including severance amount, payment schedule, and any lump‑sum or salary continuation details.
A well‑crafted VSO form clarifies mutual obligations, minimizes legal ambiguity about separation terms, and creates a durable record of informed consent. Clear language reduces disputes over severance eligibility, benefit transitions, timing of final wages, and confidentiality or release clauses.
Each signer should retain a copy; employers should maintain originals according to record retention rules and applicable statutes.
A short description of the separation offer, including severance amount, payment schedule, and any lump‑sum or salary continuation details.
Specify health coverage continuation (COBRA election window), retirement plan implications, and whether employer pays premiums or provides outplacement support.
List obligations such as return of property, confidentiality, noncompetition or non‑solicit provisions, and any cooperation requirements.
Include a mutual release of claims if applicable, specifying the scope, exceptions (e.g., unemployment rights), and any revocation period for the employee.
State the deadline for employee election, method of acceptance, effective separation date, and effects of missing the deadline.
Provide space for employee and employer signatures, printed names, dates, and witness or notary sections if required by policy or law.
| Field | Configuration |
|---|---|
| Signature Field | Required; signer name and date auto‑populate. |
| Conditional Sections | Show COBRA or release clauses only if severance accepted. |
| Authentication | Use email + SMS or stronger methods for sensitive offers. |
| Storage Location | Save to HR system or secure cloud repository. |
Confirm the platform meets compliance needs (ESIGN/UETA, HIPAA BAA if health data included) and retains an auditable certificate of completion.
Commonly 7–21 days to accept or decline the offer.
Specify the last working day or separation date.
State when final wages and severance are paid.
Provide COBRA election notice per federal requirements.
If a revocation period applies, state its length and effect.
Employer sends VSO with all monetary and nonmonetary terms.
Employee accepts or declines within the election period.
HR and payroll process acceptance and schedule payments.
Store signed document and related records per retention policy.
| 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 credit card | Varies by vendor | Varies by vendor | Varies by vendor | Varies by vendor |
| 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 by plan | Varies by plan | Varies by plan |