Template: Informal Separation Agreement
Including 8 items upon which a separation agreement is based and agreed upon by both parties, this 2-page letter includes all the nitty gritties of the separation such as termination payments, expenses, releases and return of property. This will make it easy for you to lay out the terms of separation for a departing employee. To complete this template, replace the red text with the relevant information and customise to your situation and workplace. Add your company logo and carry out due process.