Exit Agreement For Employees Template for Indonesia

1. Non-Competition: Restrictions on future employment activities - only if previously agreed in employment contract and compliant with Indonesian law

2. Non-Solicitation: Restrictions on soliciting employees or customers - if applicable to employee's role

3. Ongoing Projects Handover: Specific provisions for transitioning ongoing work - relevant for senior or specialized roles

4. Reference and Announcement: Terms regarding employment references and public announcements - typically for senior positions

5. Post-Termination Benefits: Any continued benefits or insurance coverage - for special cases

6. Intellectual Property Assignment: Specific IP-related provisions - relevant for technical or creative roles

7. Share Options/Employee Benefits: Treatment of outstanding share options or benefits - for employees with such entitlements

1. Schedule 1 - Calculation of Final Payment: Detailed breakdown of all payment components including basic severance, service appreciation pay, and other entitlements as per Indonesian law

2. Schedule 2 - Company Property List: Itemized list of company property to be returned

3. Schedule 3 - Outstanding Benefits: List of any pro-rated or outstanding benefits

4. Schedule 4 - Handover Checklist: Detailed list of tasks and documents to be handed over

5. Appendix A - Release Form: Standard form for mutual release of claims

6. Appendix B - Confidentiality Undertaking: Detailed confidentiality obligations post-employment