Common Contracts

1 similar Sample Separation Agreement contracts

Sample Separation Agreement Language For Dividing Defined Contribution Plans
Sample Separation Agreement • September 7th, 2020

The Defendant is a Participant under the [Insert actual (official) plan named] (hereinafter referred to as Plan). For the purposes [specify spousal support or marital property division], the Plaintiff is hereby granted a portion of the Defendant’s retirement benefits under the Plan as designated below. The Plaintiff’s ownership interest in the specified portion of the Defendant’s retirement benefits shall become effective on the Assignment Date, which shall be the date [Insert “this Separation Agreement” or “that the Judgment for Divorce”] is filed with the court. [Note to attorney: Do not guess the plan name. You must include the exact plan name in this paragraph, even if you must contact the plan administrator to obtain it.]

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