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1. Parties: Identification of the employer and employee, including full legal names and addresses
2. Background: Context of the agreement, including employment relationship details and reason for the release
3. Definitions: Clear definitions of key terms used throughout the document
4. Consideration: Details of the consideration being provided in exchange for the release
5. Release and Waiver: Comprehensive description of claims being released and rights being waived
6. Claims Not Released: Specification of any claims that are not included in the release
7. Confidentiality: Requirements regarding confidentiality of the agreement and its terms
8. Non-Disparagement: Mutual obligations regarding non-disparagement
9. Return of Property: Requirements for returning company property and documents
10. Acknowledgment: Employee's acknowledgment of understanding and voluntary execution
11. Governing Law: Specification of applicable law and jurisdiction
12. Execution: Signature blocks and witness requirements
1. Ongoing Obligations: Reference to continuing obligations from employment agreement (use when specific obligations survive termination)
2. Future Cooperation: Requirements for future assistance or cooperation (use when ongoing matters require employee's input)
3. Reference Letter: Terms regarding employment references (use when agreed as part of settlement)
4. Outplacement Services: Details of career transition services (use when provided as part of severance package)
5. Benefits Continuation: Terms of extended benefits coverage (use when benefits are continued post-termination)
6. Re-Employment: Terms regarding potential future employment (use when specifically agreed)
7. Legal Advice: Acknowledgment of independent legal advice (use when required by jurisdiction or circumstances)
1. Schedule A - Settlement Payment Details: Breakdown of all financial considerations and payment terms
2. Schedule B - Returned Property Checklist: Itemized list of company property to be returned
3. Schedule C - Continuing Obligations: Detailed list of surviving obligations from employment agreement
4. Appendix 1 - Certificate of Independent Legal Advice: Confirmation from legal counsel regarding advice provided to employee
5. Appendix 2 - Benefits Continuation Details: Specific terms and duration of continued benefits coverage
Claims
Company
Confidential Information
Effective Date
Employee
Employment Agreement
Final Wages
Intellectual Property
Notice Period
Parties
Released Claims
Released Parties
Severance Payment
Termination Date
Company Property
Consideration
Governing Law
Proprietary Information
Reference Period
Settlement Amount
Statutory Entitlements
Trade Secrets
Benefits
Cause
Covenants
Dispute
Personal Information
Records
Related Entities
Definitions
Release and Waiver
Consideration
Payment Terms
Confidentiality
Non-Disparagement
Return of Property
Intellectual Property
Continuing Obligations
Non-Competition
Non-Solicitation
Benefits and Entitlements
Tax Implications
Legal Advice
Severability
Entire Agreement
Voluntary Execution
Governing Law
Dispute Resolution
Assignment
Amendment
Notice
Acknowledgment
Survival
Representations and Warranties
Release of Claims
Indemnification
Cooperation
Revocation Period
Technology
Manufacturing
Financial Services
Healthcare
Retail
Professional Services
Education
Construction
Energy
Transportation
Telecommunications
Mining
Agriculture
Hospitality
Non-Profit
Human Resources
Legal
Executive Leadership
Finance
Operations
Administration
Payroll
Compliance
Risk Management
Chief Executive Officer
Human Resources Director
Legal Counsel
Department Manager
Senior Executive
Project Manager
Sales Representative
Administrative Staff
Technical Specialist
Operations Manager
Finance Director
Marketing Manager
Research Scientist
Software Developer
Customer Service Representative
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