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1. Parties: Identification of the employer and employee, including full legal names and addresses
2. Background: Brief context of the employment relationship, including start date, position, and mutual agreement to terminate
3. Definitions: Key terms used throughout the agreement, including 'Termination Date', 'Claims', 'Confidential Information'
4. Termination of Employment: Formal statement of employment termination, including the effective date and final working day
5. Payment and Benefits: Details of final salary, statutory payments, and any ex-gratia payments
6. Release and Waiver: Comprehensive release of claims by employee against employer and related entities
7. Company Property: Requirements for return of company property and confirmation of data deletion
8. Confidentiality: Ongoing obligations regarding confidential information and terms of the agreement
9. Tax Implications: Statement regarding tax treatment of payments and responsibilities
10. Legal Advice: Confirmation that employee had opportunity to seek independent legal advice
11. Governing Law: Specification of Hong Kong law as governing law and jurisdiction
12. Entire Agreement: Standard entire agreement clause incorporating all terms
13. Execution: Signature blocks and execution requirements
1. Post-termination Restrictions: Restatement or modification of any non-compete or non-solicitation obligations, used when existing restrictions need to be maintained or modified
2. Reference: Terms regarding the provision of employment references, included when agreed as part of the settlement
3. Continuing Obligations: Any ongoing duties or obligations beyond standard confidentiality, used when specific post-employment responsibilities exist
4. Outplacement Support: Details of any career transition services provided, included when part of the termination package
5. Medical Insurance Extension: Terms for continued medical coverage, if offered as part of the package
6. Share Options/Awards: Treatment of outstanding equity compensation, included when employee has share-based compensation
7. Assistance with Ongoing Matters: Requirements for employee to assist with handover or future inquiries, used when necessary for business continuity
8. Non-Disparagement: Mutual or one-way obligations regarding future statements about the other party
9. Announcement: Agreed internal/external communications about the departure, included for senior employees
1. Schedule 1 - Payment Breakdown: Detailed itemization of all payments including statutory and ex-gratia amounts
2. Schedule 2 - Company Property Checklist: List of all company property to be returned
3. Schedule 3 - Existing Post-Termination Restrictions: Copy of relevant restrictions from employment contract
4. Schedule 4 - Benefits Summary: Details of any continuing or terminating benefits
5. Appendix A - Certificate of Independent Legal Advice: Form for legal advisor to confirm advice given to employee
6. Appendix B - Resignation Letter: Standard form resignation letter if required
Affiliate
Agreement
Business
Claims
Company
Company Property
Confidential Information
Consideration
Effective Date
Employee
Employment
Employment Contract
Final Payment
Group
Hong Kong
Intellectual Property Rights
Last Day of Employment
MPF Benefits
Parent Company
Parties
Personal Data
Post-Termination Restrictions
Release
Restricted Period
Severance Payment
Statutory Entitlements
Surviving Provisions
Termination Date
Termination Payment
Trade Secrets
Waiver
Termination
Final Payments
Statutory Payments
Release and Waiver
Confidentiality
Return of Property
Post-Employment Restrictions
Non-Disparagement
Legal Compliance
Data Protection
Tax Indemnity
Cooperation
References
Announcements
Warranties
Assignment
Third Party Rights
Severability
Variation
Waiver
Notices
Costs
Counterparts
Governing Law
Jurisdiction
Entire Agreement
Independent Legal Advice
Financial Services
Technology
Manufacturing
Retail
Professional Services
Healthcare
Education
Real Estate
Construction
Hospitality
Telecommunications
Media and Entertainment
Transportation and Logistics
Energy
Consumer Goods
Human Resources
Legal
Finance
Operations
Sales
Marketing
Information Technology
Research and Development
Customer Service
Administration
Product Development
Business Development
Compliance
Risk Management
Corporate Communications
Chief Executive Officer
Chief Financial Officer
Chief Operating Officer
Managing Director
General Manager
Department Head
Senior Manager
Manager
Supervisor
Executive
Officer
Specialist
Analyst
Administrator
Coordinator
Associate
Assistant
Technical Staff
Sales Representative
Customer Service Representative
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