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1. Parties: Identification of the employer and employee, including full legal names and addresses
2. Background: Brief overview of the employment relationship, including start date and current position
3. Definitions: Key terms used throughout the agreement, including 'Termination Date', 'Severance Pay', and other relevant terms
4. Termination Date: Clear statement of the effective date of employment termination
5. Notice Period: Details of the notice period provided or payment in lieu of notice
6. Final Pay and Severance: Outline of all final payments, including salary, vacation pay, and severance entitlements
7. Return of Company Property: Requirements and timeline for returning company assets, documents, and equipment
8. Confidentiality Obligations: Ongoing obligations regarding confidential information post-employment
9. Release of Claims: Mutual release of claims between employer and employee
10. References: Agreement on how employment references will be handled
11. Governing Law: Specification that the agreement is governed by Canadian law and the applicable province
12. Acknowledgment: Employee acknowledgment of understanding and voluntary acceptance of terms
1. Non-Competition: Restrictions on working for competitors, used when employee had access to sensitive information or high-level position
2. Non-Solicitation: Restrictions on soliciting employees or customers, included for sales or management positions
3. Continuation of Benefits: Details of any extended health benefits or insurance coverage, included when offering post-termination benefits
4. Outplacement Services: Description of career transition services if provided, typically for senior positions or mass layoffs
5. Stock Options/RSUs: Treatment of outstanding equity compensation, included when employee has stock-based compensation
6. Internal/External Communications: Agreed messaging about the departure, important for senior positions
7. Legal Fees: Coverage of legal fees for independent legal advice, often included in senior terminations
8. Re-Employment Assistance: Details of any job search assistance offered, included in packages for longer-term employees
1. Schedule A - Compensation Summary: Detailed breakdown of all final payments, including salary, benefits, and severance calculations
2. Schedule B - Company Property Checklist: List of all company property to be returned, including deadlines and procedures
3. Schedule C - Benefit Continuation Details: Comprehensive information about any continued benefits, including duration and coverage
4. Schedule D - Release Agreement: Full text of the release of claims agreement
5. Appendix 1 - Confidential Information Definition: Detailed definition and examples of what constitutes confidential information
6. Appendix 2 - Reference Letter: Standard form of reference letter or confirmation of employment to be provided
Company
Confidential Information
Effective Date
Employee
Employment Contract
Final Pay
Intellectual Property
Notice Period
Outstanding Obligations
Payment in Lieu of Notice
Proprietary Information
Release
Severance Package
Termination Date
Company Property
Continuing Obligations
Benefits
Cause
Compensation
Non-Competition Period
Non-Solicitation Period
Related Entities
Statutory Entitlements
Trade Secrets
Working Notice
Accrued Vacation Pay
Common Law Notice
Consideration
Executive
Prior Agreements
Resignation
Termination Pay
Notice Period
Severance Payment
Final Compensation
Benefits Continuation
Return of Property
Confidentiality
Non-Competition
Non-Solicitation
Intellectual Property
Release of Claims
References
Non-Disparagement
Cooperation
Surviving Obligations
Tax Matters
Legal Fees
Governing Law
Dispute Resolution
Amendment and Waiver
Severability
Entire Agreement
Acknowledgment
Independent Legal Advice
Execution
Technology
Financial Services
Manufacturing
Retail
Healthcare
Professional Services
Education
Construction
Mining
Transportation
Telecommunications
Hospitality
Energy
Public Sector
Non-Profit
Media and Entertainment
Human Resources
Legal
Operations
Finance
Sales
Information Technology
Marketing
Research and Development
Customer Service
Administration
Production
Business Development
Executive Leadership
Quality Assurance
Project Management Office
Chief Executive Officer
Chief Financial Officer
Department Manager
Sales Representative
Software Developer
Administrative Assistant
Project Manager
Operations Director
Human Resources Manager
Marketing Coordinator
Account Executive
Production Supervisor
Research Analyst
Customer Service Representative
Technical Specialist
Regional Manager
Financial Analyst
Executive Assistant
Business Development Manager
Senior Engineer
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