This free sample is to assist HR professionals with creating a Termination Release Form. What is a Florida employment separation agreement?Use our Employment Contract to hire an employee for your business, and define details like wages and working hours. Looking for a standard employment contract? Get access to sample employment contracts and templates from PandaDoc! A severance agreement usually includes information on severance pay, the continuation of benefits and details on the legal responsibilities of both parties. Learn how to create a clear, structured termination letter with essential elements and a sample template to adapt for your needs. This release is a legal document with legal consequences. Company wants to be certain that Releasor fully understands the legal effect of signing this Release. A termination letter is a letter from an employer to an employee to officially inform them of the decision to end their employment contract.