Exit Agreement Template for Philippines

1. Non-Competition: Include when there's a need to restrict the employee's future employment activities, subject to Philippine law limitations

2. Non-Solicitation: Include when protecting against solicitation of employees or customers is important

3. Shareholding Arrangements: Include when the departing employee holds shares in the company

4. Intellectual Property Rights: Include when the employee was involved in creating IP or has access to company IP

5. Reference and Announcements: Include when parties want to agree on how the departure will be communicated

6. Continuing Obligations: Include when specific ongoing duties need to be maintained post-employment

7. Legal Fees: Include when there's an agreement about who bears the legal costs

8. Transition Arrangements: Include when the employee needs to assist with handover of responsibilities

1. Schedule 1 - Final Payment Calculation: Detailed breakdown of all final payments including basic salary, benefits, and deductions

2. Schedule 2 - Company Property Checklist: List of all company property to be returned

3. Schedule 3 - Confidential Information: Specific details of confidential information covered by continuing obligations

4. Schedule 4 - Benefits Summary: Summary of any continuing benefits or insurance coverage

5. Appendix A - Clearance Form: Standard company clearance form as required by DOLE

6. Appendix B - Certificate of Employment: Draft certificate of employment to be issued

7. Appendix C - Share Transfer Documents: If applicable, documents relating to share transfers or stock options