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Employee Release Form
"I need an Employee Release Form under Saudi law for a senior executive's mutual termination agreement, including post-employment consultancy arrangements and continued health insurance coverage until March 2025."
1. Parties: Identification of the employer and employee, including full legal names, addresses, and relevant identification numbers
2. Background: Brief summary of employment history, including start date, position, and circumstances leading to termination
3. Definitions: Key terms used in the document, including 'Final Settlement', 'End of Service Benefits', and 'Claims'
4. Termination Acknowledgment: Formal acknowledgment of employment termination, including effective date
5. Final Settlement Details: Itemized breakdown of all payments including salary, end-of-service benefits, and other entitlements
6. Release and Waiver: Employee's release of all claims against the employer, subject to receipt of agreed payments
7. Return of Company Property: Confirmation of return of all company assets, documents, and confidential information
8. Continuing Obligations: Surviving obligations such as confidentiality and non-disclosure
9. Governing Law: Confirmation that Saudi Law governs the agreement
10. Execution: Signature blocks and execution requirements
1. Non-Competition Acknowledgment: Include when the employee was subject to non-compete restrictions that continue post-employment
2. Benefits Continuation: Include when there are any continuing benefits or insurance coverage post-termination
3. Reference Agreement: Include when parties agree on the nature and content of future employment references
4. Resignation Letter: Include when the termination is initiated by employee resignation
5. Training Cost Recovery: Include when there are outstanding training costs to be recovered or waived
1. Schedule 1 - Final Settlement Calculation: Detailed calculation of all financial entitlements and deductions
2. Schedule 2 - Company Property Checklist: List of company property to be returned with confirmation of return
3. Schedule 3 - Outstanding Obligations: List of any continuing obligations or outstanding matters
4. Appendix A - Original Employment Contract: Copy of the original employment contract for reference
5. Appendix B - Resignation Letter: If applicable, the employee's resignation letter
Authors
Company
Employee
Effective Date
End of Service Benefits
Final Settlement
Claims
Confidential Information
Company Property
Employment Contract
Termination Date
Released Matters
Saudi Labor Law
Ministry
GOSI
Basic Salary
Total Settlement Amount
Benefits
Parties
Working Day
Consideration
Continuing Obligations
Intellectual Property Rights
Trade Secrets
Outstanding Obligations
Final Settlement
Release and Waiver
Confidentiality
Non-Competition
Return of Property
Payment Terms
Acknowledgments
Representations and Warranties
Continuing Obligations
Reference and Future Employment
Non-Disparagement
Governing Law
Dispute Resolution
Entire Agreement
Severability
Language
Amendment
Notices
Counterparts
Third Party Rights
Survival
Costs
No Admission of Liability
Banking & Financial Services
Manufacturing
Technology
Oil & Gas
Healthcare
Retail
Construction
Education
Professional Services
Telecommunications
Hospitality
Real Estate
Transportation & Logistics
Government & Public Sector
Human Resources
Legal
Compliance
Employee Relations
Compensation & Benefits
Talent Management
Corporate Services
Risk Management
HR Director
HR Manager
Legal Counsel
Compliance Officer
HR Business Partner
Employment Law Specialist
Compensation & Benefits Manager
HR Operations Manager
Employee Relations Manager
Talent Management Director
Chief Human Resources Officer
Legal Director
General Counsel
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