This document is essential for employment relationships in Canada where an extended notice period is required or beneficial for business continuity. The 90 Days Termination Notice agreement is particularly valuable for senior positions, specialized roles, or situations where significant transition time is necessary. It provides comprehensive coverage of notice period requirements while ensuring compliance with Canadian employment standards at both federal and provincial levels. The document is designed to protect both employer and employee interests during the transition period, addressing crucial aspects such as ongoing compensation, benefits continuation, and knowledge transfer responsibilities. It's commonly used in corporate environments where orderly transitions are critical to maintaining business operations and where the standard statutory notice periods may be insufficient for proper handover of responsibilities.
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1. Parties: Identification of the contracting parties including full legal names and addresses
2. Background: Context of the agreement and relationship between the parties
3. Definitions: Key terms used throughout the agreement including 'Termination Date', 'Notice Period', 'Cause', etc.
4. Term and Termination: Core section detailing the 90-day notice requirement and circumstances under which it applies
5. Notice Requirements: Specific procedures for delivering termination notices, including acceptable methods and timing
6. Obligations During Notice Period: Rights and responsibilities of both parties during the 90-day notice period
7. Compensation and Benefits: Treatment of salary, benefits, and other compensation during the notice period
8. Return of Property: Requirements for returning company property and information
9. Confidentiality: Ongoing obligations regarding confidential information
10. General Provisions: Standard clauses including governing law, entire agreement, and amendments
1. Executive Compensation: Additional provisions for executive-level employees regarding stock options, bonuses, etc.
2. Restrictive Covenants: Non-competition and non-solicitation provisions, if applicable
3. Transition Duties: Specific requirements for knowledge transfer and transition of responsibilities
4. Severance Pay: Additional severance provisions beyond statutory requirements
5. Garden Leave: Provisions for paid leave during notice period without work duties
6. Dispute Resolution: Specific procedures for handling disputes during the notice period
1. Schedule A - Notice Form Template: Standard template for providing written termination notice
2. Schedule B - Property Return Checklist: List of company property to be returned and procedure for return
3. Schedule C - Benefits Summary: Detailed outline of benefits continuation during notice period
4. Schedule D - Confidential Information: Specific definition and examples of confidential information
5. Schedule E - Exit Procedures: Step-by-step process for employee departure
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