Amicable Separation Agreement Template for Saudi Arabia

1. Non-Compete Obligations: Restrictions on future employment with competitors, if applicable to the employee's position

2. Non-Solicitation: Restrictions on soliciting employees or customers, typically for senior positions

3. Reference Provision: Terms regarding future employment references and agreed communication about the separation

4. Continued Benefits: Any continuation of medical or other benefits beyond separation date

5. Cooperation: Terms for post-employment cooperation in ongoing matters or transitions

6. Stock Options/Share Rights: Treatment of any outstanding equity compensation, if applicable

7. Repatriation: Terms regarding repatriation for expatriate employees

8. Training Cost Recovery Waiver: Waiver of any training costs that might otherwise be recoverable

1. Schedule 1 - Final Settlement Calculation: Detailed calculation of all financial entitlements including basic salary, allowances, and end of service benefits

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

3. Schedule 3 - Benefits Summary: Summary of any benefits and their treatment post-separation

4. Appendix A - Release Form: Detailed release of claims form in Arabic and English

5. Appendix B - Confidential Information: Specific list of confidential information and trade secrets

6. Appendix C - Outstanding Obligations: List of any outstanding obligations or commitments from either party