Resignation Agreement Template

RESIGNATION AGREEMENT

This Resignation Agreement ("Agreement") is entered into as of by and between Employer Name: with principal place of business at Employer Address: , and Employee Name: of Employee Address: .

RECITALS

WHEREAS, Employee has been employed by Employer in the position of ; and

WHEREAS, Employee has notified Employer of Employee's decision to resign from such position effective as of Effective Date: ; and

WHEREAS, the parties desire to settle their respective rights and obligations arising from Employee's employment and separation from service on the terms and conditions set forth in this Agreement.

NOW, THEREFORE

In consideration of the mutual promises contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:

1. DEFINITIONS

For purposes of this Agreement, "Effective Date" means the date specified in Section 2 as the date on which Employee's resignation becomes effective. "Final Pay Date" means the date on which Employer shall provide Employee's final wages as required by applicable law and this Agreement.

2. RESIGNATION

Employee hereby tenders and Employer accepts Employee's resignation from all positions and duties with Employer, effective on the Effective Date: . Employee agrees to cooperate in the orderly transition of duties through the Transition Period ending on .

3. CONSIDERATION

In exchange for Employee's execution of this Agreement and compliance with its terms, Employer shall provide the following consideration, subject to applicable withholding and deductions:

Payment of the consideration described in this Section 3 is contingent upon Employee's acceptance of this Agreement and compliance with all post‑employment obligations set forth herein, including execution of any attached release.

4. FINAL COMPENSATION AND BENEFITS

Employer shall pay Employee all earned but unpaid wages through the Final Pay Date and shall pay accrued but unused paid time off in accordance with Employer policy and applicable law. Employee's eligibility for employer‑sponsored benefits shall terminate in accordance with plan terms; continuation options, if any, will be offered as required by applicable law.

5. CONFIDENTIALITY

Employee reaffirms the continuing obligation to preserve the confidentiality of Employer's proprietary information, trade secrets, and customer lists, whether arising under prior agreements or at common law, and agrees not to disclose or use such information except as required by law.

6. NON‑DISPARAGEMENT

The parties agree that they will not make any false or disparaging statements about the other party, its officers, directors, employees, products or services. This Section does not restrict truthful statements required by law or legal process.

7. RETURN OF PROPERTY

Employee agrees to return all Employer property, including but not limited to keys, electronic devices, access cards, documents, and confidential materials, no later than Return Date: .

8. COOPERATION

Following the Effective Date, Employee agrees to reasonably cooperate with Employer in connection with the transition of duties and any internal or external investigations, subject to Employer's reimbursement of reasonable out‑of‑pocket expenses if requested in writing.

9. RELEASE OF CLAIMS

Subject to the execution of the Release attached hereto (if any), Employee releases Employer, and Employer releases Employee, from all claims, demands, and causes of action known or unknown arising out of Employee's employment or separation thereof through the Effective Date, except as expressly preserved in writing in this Agreement. This release does not waive rights that cannot be waived as a matter of law.

10. NO ADMISSION

This Agreement is not an admission of liability by either party and shall not be construed as such. The parties expressly deny any liability or wrongdoing.

11. TAXES

All payments made under this Agreement will be subject to required tax withholdings and deductions. Employee acknowledges responsibility for payment of Employee's personal tax obligations arising from any consideration received under this Agreement.

12. NOTICES

All notices required or permitted under this Agreement shall be in writing and delivered to the parties at the following addresses by hand, certified mail (return receipt requested), or nationally recognized overnight courier:

13. AMENDMENTS; WAIVER; COUNTERPARTS

This Agreement may be amended only by a written instrument signed by both parties. No waiver of any provision shall be effective unless in writing and signed by the waiving party. This Agreement may be executed in counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument.

14. GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the laws of the State of without regard to its conflicts of law principles.

15. ENTIRE AGREEMENT

This Agreement, together with any exhibits or releases specifically incorporated herein, constitutes the entire agreement between the parties concerning the subject matter hereof and supersedes all prior negotiations, agreements and understandings, whether written or oral.

16. SEVERABILITY

If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall remain in full force and effect and the invalid or unenforceable provision shall be reformed to the minimum extent necessary to make it enforceable.

17. ADDITIONAL PROVISIONS

REPRESENTATIONS

Each party represents and warrants that it has full power and authority to enter into this Agreement and that the person signing on its behalf is fully authorized to do so. Employee acknowledges having had a reasonable opportunity to consult with counsel prior to executing this Agreement.

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