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1. Parties: Identification of the employer and employee, including full legal names, addresses, and designation
2. Background: Brief overview of the employment relationship, including start date, position, and context of termination
3. Definitions: Key terms used throughout the agreement defined for clarity and legal certainty
4. Termination Date: Clear specification of the last day of employment and effective date of termination
5. Reason for Termination: Statement of the grounds for termination in accordance with Pakistani labor laws
6. Final Settlement: Details of final salary, benefits, and other compensations to be paid
7. Notice Period/Payment: Specification of notice period served or payment in lieu of notice
8. Company Property: Requirements for return of company property and documentation
9. Full and Final Settlement: Confirmation that the settlement represents complete discharge of all obligations
10. Confidentiality: Ongoing obligations regarding confidential information
11. Governing Law: Specification that the agreement is governed by Pakistani law
12. Execution: Signature blocks and execution formalities
1. Non-Compete Clause: Restrictions on future employment with competitors (if applicable and reasonable under Pakistani law)
2. Non-Solicitation: Restrictions on soliciting company employees or clients
3. Outplacement Support: Details of any career transition assistance offered
4. Medical Benefits Extension: Continuation of medical benefits if offered beyond termination
5. Reference Letter: Terms regarding the provision of employment references
6. Dispute Resolution: Specific procedures for resolving disputes, including arbitration if agreed
7. Severance Package: Details of any additional severance pay beyond statutory requirements
8. Mutual Non-Disparagement: Agreement by both parties not to make negative statements about each other
9. Legal Consultation: Acknowledgment of right to seek legal counsel
10. Release of Claims: Mutual release of claims, subject to Pakistani law limitations
1. Schedule A - Settlement Calculation: Detailed breakdown of all financial settlements including salary, benefits, and deductions
2. Schedule B - Company Property List: Itemized list of company property to be returned
3. Schedule C - Benefits Summary: Details of any continuing benefits or benefit settlements
4. Schedule D - Statutory Payments: Calculation of statutory payments such as gratuity and social security
5. Appendix 1 - Clearance Certificate: Departmental clearance form confirming return of all company property
6. Appendix 2 - Release Form: Standard release form as per company policy and Pakistani law
7. Appendix 3 - Reference Letter Format: Template or actual reference letter if agreed upon
Company
Confidential Information
Effective Date
Employee
Employment Contract
Final Settlement
Gratuity
Notice Period
Parties
Provident Fund
Restrictive Covenants
Settlement Amount
Severance Pay
Statutory Benefits
Termination Date
Company Property
Intellectual Property
Outstanding Obligations
Release
Social Security Benefits
Terminal Benefits
Working Day
Cause
Misconduct
Leave Encashment
Gross Misconduct
Material Breach
Final Pay
Clearance Certificate
Notice Period
Final Settlement
Statutory Benefits
Confidentiality
Non-Compete
Non-Solicitation
Return of Property
Full and Final Release
Governing Law
Dispute Resolution
Severance Payment
Benefits Continuation
Reference Provision
Mutual Non-Disparagement
Social Security and Insurance
Gratuity Payment
Leave Settlement
Intellectual Property Rights
Post-Termination Obligations
Legal Compliance
Warranties and Representations
Amendment and Modification
Severability
Entire Agreement
Counterparts
Notices
Force Majeure
Waiver
Assignment
Banking & Finance
Information Technology
Manufacturing
Retail
Healthcare
Education
Telecommunications
Construction
Professional Services
Energy
Hospitality
Transportation & Logistics
Media & Entertainment
Real Estate
Pharmaceutical
Human Resources
Legal
Compliance
Employee Relations
Corporate Secretarial
Operations
Administration
Senior Management
Finance
HR Manager
Legal Counsel
HR Director
HR Business Partner
Compliance Officer
Employee Relations Manager
HR Administrator
Department Manager
Managing Director
Chief Human Resources Officer
HR Operations Manager
Legal Manager
Company Secretary
Line Manager
Senior HR Executive
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