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The legal template "Payment In Lieu Of Notice To Terminate With Immediate Effect (Clause For Employment Contact) under UK law" is a document used by employers and employees in the United Kingdom to outline the terms and conditions surrounding the termination of an employment contract without notice.

In certain circumstances, employers may need to terminate an employment contract with immediate effect, bypassing the notice period that is typically required. These circumstances may include gross misconduct, serious breach of contract, or other significant reasons justifying an immediate termination.

This legal template serves as a pre-drafted clause to be included in an employment contract. It aims to provide a clear understanding and agreement between the employer and employee regarding the payment the employee is entitled to receive instead of serving the notice period.

The template specifically addresses the financial aspect of the immediate termination, offering guidance on the amount and method of payment in lieu of notice. It may outline whether the payment will include a full or partial salary, any accrued but untaken holidays, bonuses, benefits, or pensions that the employee would have received during the notice period.

While this template is designed to comply with UK employment laws, it is essential for both employers and employees to seek legal advice and ensure the clause aligns with the specific circumstances and requirements of their situation.

This Procurement contract template is designed for a commercial procurement organisation (or an individual procurement) to use when contracting out their skills and services in exchange for payment. This contract sets out the type of procurement and procurement-related services to be completed by the procurement on behalf of the client, with consideration for expectations around quality and delivery timescales, as well as any mitigating circumstances. This contract allows for payment to be made by the client to the procurement firm or individual procurement on a weekly or monthly basis but can easily be edited to account for other payment schedules and could be altered to include bonuses conditional on performance. It can also be fully customised with the details of the two parties and the duration of the contract and can be printed, downloaded and edited freely as part of our mission to open source business legals. This is a template for contractors who fit outside of the UK's off-payroll working rules (IR35).