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1. Parties: Identification of the employer and employee, including their full legal names and addresses
2. Background: Brief context of the employment relationship and reason for separation
3. Definitions: Key terms used throughout the agreement
4. Termination Date: Specific date when employment relationship ends and final working day
5. Separation Terms: Core terms of separation including notice period and handover requirements
6. Financial Settlement: Details of all payments including salary, leave pay, bonuses, and severance package
7. Company Property: Requirements for return of company property and documents
8. Confidentiality Obligations: Ongoing duties regarding confidential information
9. General Release: Mutual release of claims between parties
10. References: Agreement on how employment references will be handled
11. Tax Indemnity: Responsibilities for tax payments on separation benefits
12. Governing Law: Confirmation of South African law application and jurisdiction
13. Dispute Resolution: Process for resolving any disputes arising from the agreement
14. General Provisions: Standard contractual clauses including entire agreement, amendments, and notices
1. Non-Compete Clause: Restrictions on working for competitors - only for senior positions or where justified by business interests
2. Non-Solicitation: Restrictions on soliciting employees/clients - typically for sales or senior roles
3. Intellectual Property Rights: Specific IP provisions for creative/technical roles
4. Share Options/Long-term Incentives: Treatment of outstanding share options or LTIs - for employees in share schemes
5. Medical Aid Continuation: Provisions for continued medical benefits - typically for long-service employees
6. Retirement Benefits: Special provisions for retirement-age employees
7. Outplacement Services: Support for finding new employment - often included in retrenchment scenarios
8. Legal Fees: Provision for payment of legal fees - typically for senior executives
9. Garden Leave: Terms of paid leave during notice period - for sensitive positions
1. Schedule A - Financial Settlement Calculation: Detailed breakdown of all financial elements including basic salary, benefits, bonuses, and deductions
2. Schedule B - Company Property Register: List of all company property to be returned
3. Schedule C - Confidential Information: Specific details of confidential information covered by the agreement
4. Schedule D - Outstanding Benefits: Details of any pro-rata bonus calculations, share options, or other benefits
5. Schedule E - Handover Plan: Detailed plan for handover of duties and responsibilities
6. Appendix 1 - Certificate of Independent Legal Advice: Confirmation that employee received independent legal advice
7. Appendix 2 - Resignation Letter: Standard format resignation letter if applicable
Company
Confidential Information
Effective Date
Employee
Employment Contract
Final Settlement Amount
Intellectual Property
Notice Period
Parties
Restraint Period
Separation Date
Severance Package
Trade Secrets
Company Property
Outstanding Benefits
Claims
Accrued Leave
Governing Law
Protected Disclosures
Group Companies
Proprietary Information
Restricted Territory
Settlement Payment
Termination Date
Working Day
Confidentiality Obligations
Non-Compete Obligations
Release
Applicable Laws
Interpretation
Termination
Notice Period
Final Settlement
Payment Terms
Tax Provisions
Leave Pay
Benefits
Company Property
Confidentiality
Non-Competition
Non-Solicitation
Intellectual Property
Post-Employment Obligations
General Release
References
Warranties
Dispute Resolution
Governing Law
Severability
Entire Agreement
Amendment
Waiver
Force Majeure
Notices
Costs
Data Protection
Assignment
Third Party Rights
Legal Representation
Breach
Good Faith
Survival
Counterparts
Financial Services
Mining
Manufacturing
Technology
Retail
Healthcare
Professional Services
Education
Construction
Telecommunications
Agriculture
Energy
Transportation
Hospitality
Media and Entertainment
Human Resources
Legal
Finance
Operations
Sales
Marketing
Information Technology
Research and Development
Production
Administration
Customer Service
Quality Assurance
Procurement
Business Development
Executive Leadership
Chief Executive Officer
Managing Director
General Manager
Department Head
Senior Manager
Project Manager
Software Developer
Financial Controller
Human Resources Manager
Sales Representative
Operations Manager
Marketing Manager
Technical Specialist
Administrative Officer
Research Scientist
Legal Counsel
Account Manager
Production Supervisor
Engineer
Executive Assistant
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