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1. Parties: Identification of the employer and employee
2. Background: Context of the agreement and employment relationship
3. Definitions: Key terms used throughout the agreement
4. Termination Date: Specific date when employment ends
5. Settlement Payments: Details of all payments to be made including statutory and ex-gratia payments
6. Tax Treatment: Tax implications of payments and indemnities
7. Waiver of Claims: List of claims being waived by the employee
8. Legal Advice: Confirmation of independent legal advice received
9. Confidentiality: Obligations regarding confidentiality of agreement and company information
10. Governing Law: Specification of English and Welsh law as governing law
1. Post-Termination Restrictions: Restrictive covenants applicable after employment termination, including non-compete and non-solicitation provisions
2. Reference Provision: Terms and conditions regarding the provision of employment references
3. Garden Leave: Terms and conditions of any garden leave period before final termination
4. Share Options: Treatment of existing share options or awards upon termination
5. Outplacement Support: Details of any career transition or outplacement support services provided
1. Schedule 1: Payment Calculation: Detailed breakdown of settlement payment including statutory and ex-gratia amounts
2. Schedule 2: Claims Being Settled: Comprehensive list of statutory and contractual claims being waived by the employee
3. Schedule 3: Adviser's Certificate: Certification from independent legal adviser confirming advice given to employee
4. Appendix 1: Agreed Reference: Template of agreed employment reference to be provided
5. Appendix 2: Company Property: Itemized list of company property to be returned by the employee
Adviser's Certificate
Agreement
Board
Business
Claims
Company
Confidential Information
Effective Date
Employee
Employment
Group
Group Company
Legal Expenses
Notice Period
Parties
Payment
Reference
Relevant Period
Settlement Payment
Statutory Claims
Tax
Termination Date
Termination Payment
Without Prejudice
Settlement Payments
Tax Indemnities
Legal Fees
Waiver of Claims
Legal Advice
Confidentiality
Non-Disparagement
Company Property Return
Post-Termination Restrictions
Reference Provision
Continuing Obligations
Full and Final Settlement
Warranties
Garden Leave
Pension Rights
Share Options
Announcements
Outplacement Support
Third Party Rights
Variation
Entire Agreement
Severability
Governing Law
Jurisdiction
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