The Promissory Note For Honorable Dismissal is commonly used in UAE business practice when an employee is leaving their employment on good terms but has outstanding financial obligations to the employer. These obligations might arise from training bonds, educational support, advance salary payments, or other benefits that require repayment upon early termination of employment. The document combines the legal framework of a promissory note under UAE Commercial Law with employment termination requirements under UAE Labor Law. It provides security for the employer while allowing the employee to exit with an honorable dismissal, maintaining their professional reputation and future employment prospects. The note typically includes specific payment terms, schedules, and conditions, ensuring clarity and enforceability under UAE jurisdiction.

1. Title and Date: Clear identification of the document as a Promissory Note For Honorable Dismissal and the date of execution

2. Promissory Declaration: The unconditional promise to pay, including the specific amount in both numbers and words

3. Parties' Information: Full legal names, addresses, and identification details of both the maker (former employee) and the payee (employer)

4. Payment Terms: Specific amount, currency, due date, and method of payment

5. Reference to Employment: Brief statement connecting the promissory note to the honorable dismissal from employment

6. Place of Payment: Specific location where the payment should be made

7. Governing Law: Statement that the note is governed by UAE law

8. Signature Block: Space for the maker's signature, date, and witness signatures if required