The Mutual Termination Of Employment Contract is utilized when both employer and employee agree to end their employment relationship amicably under Pakistani law. This document is essential for situations where both parties wish to formally document their agreement to terminate employment, outline the terms of separation, and ensure compliance with Pakistani employment legislation, particularly the Industrial and Commercial Employment (Standing Orders) Ordinance 1968. It includes comprehensive details about final settlements, ongoing obligations, and mutual releases, while ensuring all statutory requirements are met. The agreement is particularly valuable in preventing future disputes by clearly documenting the terms of separation and ensuring all legal obligations are properly addressed. It should be used whenever an employment relationship is being terminated by mutual consent, regardless of the employee's level or duration of employment.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Parties: Identification of the employer and employee, including full legal names, addresses, and relevant registration/identification numbers
2. Background: Brief context of the employment relationship, including original employment date and current position
3. Definitions: Key terms used in the agreement including 'Effective Date', 'Final Settlement', 'Confidential Information'
4. Mutual Agreement to Terminate: Clear statement of both parties' agreement to terminate the employment relationship
5. Effective Date of Termination: Specific date when the employment relationship will end
6. Final Settlement of Dues: Detailed breakdown of all final payments including salary, benefits, and other entitlements
7. Return of Company Property: Requirements and timeline for returning company assets, documents, and equipment
8. Confidentiality Obligations: Ongoing obligations regarding confidential information post-termination
9. General Release: Mutual release of claims between parties
10. Governing Law: Specification of Pakistani law as governing law and relevant jurisdiction
11. Execution: Signature blocks and execution formalities
1. Non-Competition: Restrictions on future employment, if applicable and agreed between parties
2. Reference and Announcements: Terms regarding employment references and how the departure will be communicated
3. Outstanding Leave Balance: Specific section addressing accumulated leave if significant leave balance exists
4. Gratuity Calculation: Detailed section on gratuity calculation if employee is eligible based on service duration
5. Benefits Continuation: Terms for any continuing benefits post-termination if applicable
6. Stock Options/Share Rights: Treatment of any outstanding stock options or share rights if applicable
7. Transition Duties: Requirements for knowledge transfer and handover if needed
1. Schedule 1 - Final Settlement Calculation: Detailed breakdown of all final payments including basic salary, allowances, deductions, and statutory payments
2. Schedule 2 - Company Property Checklist: List of all company property to be returned with confirmation of receipt
3. Schedule 3 - Benefits Summary: Summary of benefits and their treatment post-termination
4. Appendix A - Clearance Certificate: Standard clearance form from various departments (IT, Finance, HR, etc.)
5. Appendix B - Confidential Information Declaration: Declaration confirming return/deletion of all confidential information
Relevant legal definitions
Agreement
Company
Employee
Effective Date
Termination Date
Final Settlement
Confidential Information
Company Property
Intellectual Property Rights
Notice Period
Outstanding Dues
Benefits
Gratuity
Full and Final Settlement
Release
Governing Law
Parties
Original Employment Agreement
Clearance Certificate
Accrued Rights
Consideration
Surviving Obligations
Working Day
Final Salary
Company Policies
Statutory Benefits
Restrictive Covenants
Exit Formalities
Settlement Amount
Company
Employee
Effective Date
Termination Date
Final Settlement
Confidential Information
Company Property
Intellectual Property Rights
Notice Period
Outstanding Dues
Benefits
Gratuity
Full and Final Settlement
Release
Governing Law
Parties
Original Employment Agreement
Clearance Certificate
Accrued Rights
Consideration
Surviving Obligations
Working Day
Final Salary
Company Policies
Statutory Benefits
Restrictive Covenants
Exit Formalities
Settlement Amount
Clauses
Interpretation
Mutual Agreement to Terminate
Termination Date
Final Settlement
Payment Terms
Tax Implications
Benefits Cessation
Company Property Return
Confidentiality
Non-Disclosure
Non-Competition
Non-Solicitation
Intellectual Property
Data Protection
Release and Waiver
References
Cooperation
Exit Formalities
Communications
Surviving Obligations
Further Assurance
Severability
Entire Agreement
Amendment
Notices
Governing Law
Dispute Resolution
Force Majeure
Counterparts
Assignment
Mutual Agreement to Terminate
Termination Date
Final Settlement
Payment Terms
Tax Implications
Benefits Cessation
Company Property Return
Confidentiality
Non-Disclosure
Non-Competition
Non-Solicitation
Intellectual Property
Data Protection
Release and Waiver
References
Cooperation
Exit Formalities
Communications
Surviving Obligations
Further Assurance
Severability
Entire Agreement
Amendment
Notices
Governing Law
Dispute Resolution
Force Majeure
Counterparts
Assignment
Relevant Industries
Banking and Financial Services
Information Technology
Manufacturing
Retail
Healthcare
Education
Telecommunications
Construction
Professional Services
Energy
Hospitality
Transportation and Logistics
Media and Entertainment
Real Estate
Pharmaceutical
Relevant Teams
Human Resources
Legal
Finance
Operations
Information Technology
Sales
Marketing
Research and Development
Administration
Customer Service
Product Development
Business Development
Corporate Communications
Compliance
Risk Management
Relevant Roles
Chief Executive Officer
Managing Director
Department Head
Senior Manager
Project Manager
Software Engineer
Financial Analyst
HR Manager
Operations Manager
Sales Executive
Marketing Manager
Account Manager
Research Analyst
Product Manager
Business Development Manager
Technical Lead
Administrative Officer
Regional Manager
General Manager
Department Supervisor
Find the exact document you need
Mutual Termination Of Employment Contract
A mutual employment termination agreement under Pakistani law that documents the consensual ending of an employment relationship with associated terms and conditions.
find out more
Deed Of Cancellation Of Agreement For Sale
A Pakistani law-governed deed that formally cancels and terminates a previously executed Agreement for Sale, releasing all parties from their obligations under the original agreement.
find out more
Business Contract Termination Letter
A formal letter governed by Pakistani law that officially terminates a business contract between parties, stating termination details and post-termination obligations.
find out more
End Of Lease Contract Letter
A formal letter under Pakistani law that notifies the termination of a lease agreement and outlines the final arrangements between tenant and landlord.
find out more
Discontinuing Service Letter
A formal notification document under Pakistani law for terminating professional services between service provider and client, including termination terms and transition arrangements.
find out more
Professional Termination Letter
A formal employment termination document compliant with Pakistani labor laws, providing official notification of employment termination and associated terms.
find out more
End Of Lease Letter To Tenant From Landlord
A formal notice from landlord to tenant announcing lease termination in Pakistan, complying with local property laws and outlining move-out procedures.
find out more
Termination Of Lease Letter
A formal notice under Pakistani law to terminate a lease agreement, detailing termination date and handover conditions.
find out more
Termination Letter Distribution Agreement
A formal notice under Pakistani law to terminate a distribution agreement, specifying termination terms and post-termination obligations.
find out more
Mutual Termination Of Contract In Construction Projects
A mutual termination agreement for construction contracts under Pakistani law, providing a structured framework for consensually ending construction projects while ensuring legal compliance and proper settlement.
find out more
Buyer Termination Of Contract
A formal notice under Pakistani law for contract termination by the buyer, outlining termination grounds and effective date.
find out more
Termination Of Agency Agreement
A legal document under Pakistani law for formally terminating an agency relationship, ensuring proper closure and protection of both parties' interests.
find out more
Mutual Consent Contract
A legally binding agreement document under Pakistani law that formalizes mutual arrangements between parties, governed by the Contract Act 1872 and related legislation.
find out more
Lease Termination Contract
A legally binding agreement under Pakistani law that formally terminates an existing lease between landlord and tenant, establishing terms for lease ending and property handover.
find out more
End Of Service Contract
A Pakistani law-compliant contract that formalizes employment termination and settles all final dues and obligations between employer and employee.
find out more
Cancellation Agreement
A mutual agreement under Pakistani law to formally terminate an existing contract, settling all obligations and liabilities between parties.
find out more
Tenancy Contract Cancellation
A legally compliant agreement under Pakistani law for terminating an existing tenancy contract, outlining termination terms and settlement conditions.
find out more
Purchase Contract Cancellation Agreement
A Pakistani law-governed agreement that formally terminates an existing purchase contract and settles all related obligations between the parties.
find out more
Tenancy Agreement Cancellation Letter
A formal notice for terminating a lease agreement under Pakistani law, serving as official documentation of the intention to end a tenancy arrangement.
find out more
Termination Of Vehicle Lease Agreement
A Pakistani law-governed agreement for terminating a vehicle lease, detailing settlement terms and transfer procedures between lessor and lessee.
find out more
Termination Of Tenancy Agreement Letter By Landlord
A formal notice under Pakistani law from a landlord to a tenant declaring the termination of a tenancy agreement, specifying the termination date and handover requirements.
find out more
Termination Of Sales Representative Agreement
A Pakistani law-governed agreement for terminating a sales representative relationship, outlining settlement terms and post-termination obligations.
find out more
Mutual Termination And Release Agreement
A Pakistani law-governed agreement that enables parties to mutually terminate their existing contractual relationship and release each other from future claims.
find out more
Listing Termination Agreement
A legally binding agreement governing the voluntary delisting of a company from the Pakistan Stock Exchange, compliant with Pakistani securities law and SECP regulations.
find out more
Exit Agreement For Director
A Pakistani law-governed agreement documenting a director's departure terms, including settlements, obligations, and post-termination arrangements.
find out more
Cancellation Of Agreement To Sell
A Pakistani law-compliant document that formally terminates an existing Agreement to Sell between parties, outlining the cancellation terms and mutual releases.
find out more
Termination Of Sale Agreement
A Pakistani law-compliant agreement to formally terminate an existing sale agreement, including settlement terms and mutual releases.
find out more
Security Service Termination Letter
A formal letter compliant with Pakistani law for terminating security service agreements, outlining notice period, effective date, and termination terms.
find out more
Non Renewing Lease Letter
A formal notification document under Pakistani law that communicates the definitive end of a lease agreement without renewal options.
find out more
End Of Agreement Letter
A formal letter under Pakistani law that officially terminates an existing agreement between parties, outlining termination terms and final obligations.
find out more
Security Contract Termination Letter
A formal notice under Pakistani law to terminate an existing security services contract, specifying termination terms and compliance requirements.
find out more
Termination Of Business Relationship Letter
A formal letter compliant with Pakistani law for terminating business relationships, including notice period and settlement arrangements.
find out more
Cancellation Of Contract To Sell
A legally binding document under Pakistani law that terminates an existing Contract to Sell, outlining cancellation terms and mutual releases.
find out more
Subcontractor Termination Letter
A formal notice under Pakistani law to terminate a subcontractor's engagement, including termination details and next steps.
find out more
Cancellation Of Lease Agreement By Tenant
A Pakistani law-compliant agreement for tenants to formally terminate their lease agreement, addressing notice periods, settlements, and property handover requirements.
find out more
Termination Of Security Agreement
A Pakistani law-governed agreement that terminates existing security arrangements and provides for the release of security interests and associated obligations.
find out more
Cancellation Of Termination Letter
A formal document under Pakistani employment law that revokes a previous termination notice and reinstates an employee to their position.
find out more
Vehicle Lease Termination Letter
A formal notice for terminating a vehicle lease agreement under Pakistani law, detailing termination terms, vehicle return conditions, and financial settlements.
find out more
Partnership Cancellation Letter
A formal document under Pakistani law used to officially terminate a partnership agreement, outlining dissolution terms and settlement arrangements.
find out more
End Of Service Agreement
A legally binding agreement under Pakistani law that documents employment termination terms, final settlements, and post-employment obligations.
find out more
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)