Model Separation Agreement

A Model Separation Agreement is a legal document that outlines the terms and conditions when an employee leaves a company. It typically covers aspects like final pay, confidentiality, non-compete clauses, and any benefits or severance pay. The goal is to protect both parties—ensuring the employee understands their rights and obligations, while the employer safeguards sensitive information and business interests. Essentially, it formalizes the end of the employment relationship, providing clarity and reducing the risk of future disputes.