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1. Parties: Identification of the employer and employee, including full legal names and addresses
2. Background: Context of the employment relationship, including start date, position, and reason for separation
3. Definitions: Key terms used throughout the agreement
4. Termination Date: Specific date of employment termination and last working day
5. Financial Settlement: Details of all financial components including final salary, transition payment, and other compensations
6. Company Property: Requirements for returning company property and handling of digital assets
7. Confidentiality: Ongoing obligations regarding confidential information
8. Final Settlement: Confirmation that the agreement represents full and final settlement of all claims
9. Reference and Communications: Agreed approach to employment references and internal/external communications
10. Tax Implications: Statement on tax treatment of payments and responsibilities
11. Applicable Law: Confirmation of Dutch law application and jurisdiction
12. Signatures: Execution section including reflection period statement as required by Dutch law
1. Garden Leave: Used when employee is to remain employed but not work during notice period
2. Non-Competition and Non-Solicitation: Include when post-employment restrictions are required, subject to Dutch law restrictions
3. Outplacement Support: When employer provides career transition services
4. Share Options/Benefits: Required when dealing with existing employee share schemes or benefits
5. Legal Fees: Include when employer contributes to employee's legal costs
6. Ongoing Medical Benefits: Used when extending medical coverage post-termination
7. Pension Arrangements: Include when specific pension-related arrangements need to be addressed
8. Training Costs Waiver: Include when waiving repayment of training costs
9. Works Council: Required when works council involvement is relevant
1. Schedule 1 - Payment Calculation: Detailed breakdown of all financial payments including transition payment calculation
2. Schedule 2 - Company Property List: Itemized list of company property to be returned
3. Schedule 3 - Outstanding Benefits: List of outstanding benefits and their treatment
4. Schedule 4 - Handover Document: Details of work handover requirements and ongoing projects
5. Appendix A - Reference Letter: Agreed form of employment reference
6. Appendix B - Internal Announcement: Agreed text for internal communication regarding departure
Company
Confidential Information
Effective Date
Employee
Employer
Final Settlement Date
Garden Leave
Group Company
Intellectual Property Rights
Last Working Day
Notice Period
Parties
Personal Data
Reference
Remaining Holiday Entitlement
Separation Date
Signing Date
Statutory Reflection Period
Termination Date
Trade Secrets
Transition Payment
Variable Pay
Works Council
Working Day
Financial Settlement
Transition Payment
Final Salary Payment
Bonus and Variable Pay
Holiday Pay
Company Property Return
Confidentiality
Non-Competition
Non-Solicitation
Intellectual Property
Data Protection
Reference and Communications
Post-Employment Obligations
Tax Indemnity
Legal Costs
Full and Final Settlement
Reflection Period
Works Council Acknowledgment
Handover Obligations
Share Options
Pension Arrangements
Medical Benefits
Outplacement Support
Garden Leave
Insurance
Third Party Rights
Severability
Governing Law
Jurisdiction
Amendment
Entire Agreement
Counterparts
Notices
Waiver
Technology
Financial Services
Manufacturing
Professional Services
Healthcare
Retail
Telecommunications
Energy
Construction
Education
Transportation
Media and Entertainment
Real Estate
Hospitality
Pharmaceuticals
Human Resources
Legal
Finance
Executive Leadership
Operations
Information Technology
Sales
Marketing
Research and Development
Customer Service
Administration
Product Development
Business Development
Compliance
Facilities
Chief Executive Officer
Managing Director
Department Head
Senior Manager
Project Manager
Software Developer
Financial Analyst
Human Resources Manager
Sales Representative
Marketing Manager
Operations Manager
Research Scientist
Legal Counsel
Account Manager
Administrative Assistant
Technical Specialist
Business Development Manager
Product Manager
Customer Service Representative
Regional Director
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