Settlement Amount
Specify gross amount, tax withholding responsibility, payment schedule, and whether payments are subject to payroll tax withholding or treated as non-wage consideration.
A well-drafted settlement reduces ambiguity, limits future disputes, and documents consideration and release terms in a legally enforceable way.
Each signer should confirm authority and identity before executing; employer counsel usually retains the executed originals for records.
Specify gross amount, tax withholding responsibility, payment schedule, and whether payments are subject to payroll tax withholding or treated as non-wage consideration.
List the scope of claims being waived, whether statutory claims (e.g., ADEA waivers) are included, and any carve-outs for future rights.
Define confidentiality limits, permissible disclosures, and exceptions for legal or regulatory requirements.
State mutual or one-way non-disparagement terms, duration, and remedies for breach.
Detail employer property to be returned, deadlines, and escrow or offsets for withheld amounts.
Include effective date, governing law, signature blocks, witness/notary requirements, and how executed counterparts are treated.
| Field | Configuration | Name | Required; Date | Auto-fill |
|---|---|
| Signature Fields | Place signer and employer signature blocks where required |
| Signer Order | Employee then authorized employer signatory |
| Authentication | Email link or SMS code; increase strength for sensitive cases |
| Template Storage | Save a master template for consistent reuse |
Ensure the selected platform provides tamper-evident signed copies, access controls, and a reliable audit trail for compliance and audits.
Complete signing by agreed effective date
Follow the schedule stated in the agreement
1099-NEC to recipient and IRS due Jan 31
Retain I-9 per 8 CFR §274a.2 requirements
Include any required statutory waiver review windows
Parties agree business and legal points
Draft with tax, confidentiality, and release language
Collect signatures and any notarization
Process payments and update payroll records
A local employer offered a one-time payment to avoid litigation risks
Company negotiated phased payments tied to consulting availability
| 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 | No free trial | No free trial | Yes, limited | Yes, limited |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |