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1. Parties: Identification of all parties to the agreement, including full legal names and addresses
2. Background: Recitals explaining the context of the employment relationship, its termination, and the parties' desire to resolve all matters between them
3. Definitions: Key terms used throughout the agreement, including 'Claims', 'Released Parties', and specific terms relevant to the employment relationship
4. Consideration: Details of the consideration being provided by each party in exchange for the releases
5. Mutual Release: The core mutual releases where each party releases the other from all claims, with specific inclusions and exceptions
6. Confidentiality: Obligations regarding confidentiality of the agreement terms and any confidential information obtained during employment
7. Non-Disparagement: Mutual commitments not to make negative statements about the other party
8. Return of Property: Confirmation of return of all company property, documents, and data
9. Tax Indemnity: Provisions regarding tax treatment of any payments and related indemnifications
10. Enforcement: Terms regarding the enforcement of the agreement, including remedies for breach
11. General Provisions: Standard boilerplate clauses including governing law, entire agreement, severability, and amendment provisions
1. References: Terms regarding the provision of employment references, used when parties agree on specific reference terms
2. Ongoing Benefits: Details of any continued benefits coverage, used when post-termination benefits are part of the settlement
3. Equity Compensation: Treatment of stock options or other equity-based compensation, included when the employee had equity interests
4. Cooperation: Terms requiring future cooperation in legal matters or business transition, used when ongoing assistance may be needed
5. Non-Competition: Post-employment competitive restrictions, included when new non-compete terms are part of the settlement
6. Assignment of Intellectual Property: Confirmation of IP assignments and ongoing obligations, used when IP was created during employment
7. Insurance Claims: Specific provisions regarding insurance claims or coverage, used when insurance matters are relevant
8. Reinstatement Waiver: Explicit waiver of any right to reinstatement, used when there's risk of reinstatement claims
1. Schedule A - Settlement Payment Details: Itemized breakdown of all settlement payments and their characterization
2. Schedule B - Released Claims: Detailed list of specific claims being released, particularly useful for complex situations
3. Schedule C - Company Property: Itemized list of company property to be returned
4. Schedule D - Benefit Continuation Details: Specific details of any continued benefits, including duration and terms
5. Schedule E - Certificate of Independent Legal Advice: Confirmation that each party received independent legal advice
Claims
Effective Date
Employee
Employer
Employment
Released Claims
Released Parties
Releasors
Consideration
Confidential Information
Company Property
Termination Date
Parties
Employment Agreement
Compensation
Benefits
Related Entities
Affiliates
Intellectual Property
Personal Information
Representatives
Severance Payment
Settlement Amount
Statutory Deductions
Workplace
Benefit Plans
Company Records
Disclosure
Documentation
Employment Standards
Governing Law
Notice Period
Settlement
Successor
Trade Secrets
Board of Directors
Officers
Shareholders
Agents
Material Change
Cause
Good Reason
Continuing Obligations
Release Period
Prior Agreements
Definitions
Release and Discharge
Mutual Release
Consideration
Confidentiality
Non-Disparagement
Return of Property
Indemnification
Tax Matters
Representations and Warranties
Independent Legal Advice
Severability
Entire Agreement
Amendment
Governing Law
Notice
Assignment
Binding Effect
Execution
Survival
Further Assurances
No Admission of Liability
Acknowledgement
Cooperation
Benefits Continuation
Reference
Compliance with Law
Dispute Resolution
Waiver
Non-Competition
Non-Solicitation
Statutory Rights
Release Exceptions
Privacy
Intellectual Property
Technology
Financial Services
Manufacturing
Healthcare
Retail
Professional Services
Education
Construction
Energy
Telecommunications
Transportation
Mining
Real Estate
Media and Entertainment
Non-Profit
Human Resources
Legal
Finance
Executive Leadership
Operations
Administration
Corporate Services
Risk Management
Compliance
Talent Management
Chief Executive Officer
Chief Financial Officer
Chief Operating Officer
Senior Vice President
Vice President
Director
Senior Manager
Manager
Supervisor
Team Lead
Professional
Specialist
Coordinator
Administrator
Executive Assistant
Sales Representative
Technical Expert
Engineer
Analyst
Consultant
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