Severance Agreement Abfindungsvereinbarung Severance Agreement Acuerdo de Separación Acuerdo de Separación Accord de rupture conventionnelle הסכם פיצויים सेवरेंस समझौता 解雇同意書 Acordo de rescisão 解除协议 Employment Separation Agreement An Employment Separation Agreement, also known as a Severance Agreement, is a legally binding document that outlines the terms and conditions under which an employment relationship is terminated. It typically includes details about severance pay, benefits continuation, non-disparagement clauses, non-compete agreements, and other post-employment obligations and rights. This agreement aims to provide clarity and protection for both the employer and the departing employee during the transition out of the company.