Document background
A Contract Separation Agreement is used when an employer and employee agree to terminate their employment relationship on mutually agreed terms. This document, governed by English and Welsh law, provides legal certainty and protection for both parties by clearly setting out the terms of separation, including financial arrangements, confidentiality obligations, and potential restrictions. It's particularly important in situations involving senior employees, sensitive departures, or where there are potential disputes to be resolved. The agreement typically includes provisions for payment terms, treatment of benefits, and releases from future claims.
