Termination Date
Specifies the exact date the internship ends and triggers obligations such as final pay, benefit cessation, access deactivation, and the start of any post‑termination confidentiality or noncompete periods if applicable.
Use an Internship Termination Agreement to document the end of the internship, set clear final obligations, and limit future claims. It preserves evidence of agreed terms such as final pay, return of property, confidentiality continuation, and any release language.
Typical users include HR professionals, internship coordinators, supervising managers, and legal counsel who manage onboarding and separations.
Standardizing the form across teams simplifies processing and creates a consistent record for audits and compliance.
Responsible for initiating and completing the Internship Termination Agreement, coordinating final payroll and benefits processing, and ensuring property return. They document the termination rationale and maintain the executed agreement in employee records to support compliance and defend against potential claims.
Reviews termination and release clauses to confirm enforceability under ESIGN and applicable state law, advises on risk allocation, and ensures required disclosures for consumer‑facing situations. May recommend additional releases or severance language to mitigate litigation risk.
Specifies the exact date the internship ends and triggers obligations such as final pay, benefit cessation, access deactivation, and the start of any post‑termination confidentiality or noncompete periods if applicable.
Details final wages, unpaid reimbursements, prorated stipends, expense reimbursements, timing and method of payment, and whether any severance or stipends are provided in exchange for releases.
Lists company property to be returned (badge, laptop, keys, documents), the deadlines for return, condition expectations, and consequences for failure to return items.
Reiterates ongoing confidentiality and trade secret protections, scope of covered information, permitted disclosures, and survival period after termination.
Affirms ownership or assignment of internship‑developed work, licensing terms if any, and obligations to assist with IP filings or transfers.
Specifies whether the intern releases the employer from future claims, any consideration for a release, and exceptions for statutory rights.
| Field | Configuration |
|---|---|
| Signers | Intern, HR representative, and legal counsel as needed. |
| Authentication | Email link or SMS code; optional KBA for high risk. |
| Notifications | Automatic copies to HR and payroll on completion. |
| Storage | Save PDF/A with audit trail in secure repository. |
Digital signing requires platform support for secure signatures, tamper-evident audit logs, reliable access controls, and role-based permissioning to protect records.
Determines payroll cutoff and benefit end dates.
Pay by next scheduled payroll or state law.
Include final wages on W-2 for year of termination.
Keep executed agreement per retention policy and law.
Retain I-9 per federal requirement after termination.
Draft agreement, include termination reason and payment terms.
HR and legal approve language and release clauses.
Collect signatures via in-person or eSignature platform.
Store executed copy, notify payroll and IT for processing.
| 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 |