Related: One Click Contract: AIA Change Order Form
A one click contract is like any other contract, but it’s presented in a way that allows the person signing it to do so by simply clicking on it. With very few exceptions, any contract can be signed with a single click on a website, from a phone, in an email — anywhere you meet your customers digitally, you can deliver a 1-click contract.
Separation and Release agreement is a contract between an employee or contractor and an employer, where the employer offers some sort of monetary incentive for the employee to release any outstanding claims against said employer as they part ways.
What this does for the employer
What this does for the employee
An employee/contractor and their employer both sign the Separation and Release Agreement.
Related: One Click Contract: Employment Agreement
It is typically signed in person, in the HR office, with someone making awkward small talk the entire time.
It's awkward, you have to bring someone in to make that happen after deciding to part ways, it’s slow, paper kills trees...
Employer enters relevant information into designated fields (i.e how much money they are paying out to employee) and standard release language. For the purposes of this post, we are pretending this is a standard agreement. (It usually is not.) In this case: Employee simply has to accept the terms.
Related: How PactSafe Enables Contactless Contracts
Get through this part of the “parting ways process” quickly and do not require any parties to be in person to complete the agreement. Also, if you can standardize these agreements based on pay scale, title, department, etc., you can make life easier for all involved by simply sending the correct document and getting them to accept.
1-click contracts are absolutely binding. Also known as “clickwraps,” courts have enforced millions of contracts accepted by a single click. PactSafe’s platform was built to help ensure 1-click contracts are created in compliance with all the best practices established in 1000’s of court cases over the past 20+ years.
Check out PactSafe's Contactless Contract and Policy Kit.