Severance pay 2025

1. Click ‘Get Form’ to open the Severance Agreement in the editor.
2. Fill in the date of the agreement at the top of the form, followed by the names and addresses of both the Employer and Employee.
3. Specify the effective date of termination in Section 1, ensuring clarity on when employment ends.
4. In Section 2, indicate whether Employee will elect COBRA coverage and provide details for reimbursement if applicable.
5. Complete Section 3 by entering the severance pay amount, ensuring it reflects any necessary tax withholdings.
6. Review Sections 4 through 20 carefully, filling in any required information while understanding your rights and obligations.
7. Once all fields are completed, sign and date the document at the bottom. Ensure both parties have signed before finalizing.

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