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Employee Deed Of Release Template for Canada

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Key Requirements PROMPT example:

Employee Deed Of Release

"I need an Employee Deed of Release for a senior software developer who is voluntarily leaving our technology company on March 15, 2025, with ongoing obligations regarding intellectual property and a 12-month non-compete clause for the Canadian market."

Document background
The Employee Deed of Release is a crucial document used in Canadian employment law contexts when formally concluding an employment relationship. This document is typically implemented during voluntary departures, negotiated exits, or redundancy situations where both parties seek to achieve a clean break and legal certainty. The deed serves multiple purposes: it documents the agreed-upon termination terms, provides protection against future legal claims, and ensures compliance with Canadian federal and provincial employment legislation. An Employee Deed of Release typically includes comprehensive details about financial settlements, ongoing obligations, and mutual releases, while also addressing specific requirements that vary by province. It's essential to ensure the document complies with minimum employment standards, human rights legislation, and other relevant laws in the applicable Canadian jurisdiction. The deed should be drafted and reviewed by legal professionals to ensure enforceability and protection of both parties' interests.
Suggested Sections

1. Parties: Identifies and defines the employer and employee who are parties to the deed

2. Background: Recitals setting out the context of employment, termination, and purpose of the release

3. Definitions: Defines key terms used throughout the deed including 'Claims', 'Confidential Information', and 'Effective Date'

4. Termination of Employment: Confirms the termination date and status of employment

5. Payment and Benefits: Details the consideration being provided to the employee in exchange for the release

6. Release and Waiver: Core section containing the mutual releases and waivers of claims

7. Tax Implications: Addresses responsibility for taxes on payments and indemnities

8. Confidentiality: Obligations regarding confidentiality of the agreement and company information

9. Non-Disparagement: Mutual obligations not to make negative statements about each other

10. Return of Property: Employee's obligation to return company property

11. Acknowledgments: Employee's confirmation of understanding and voluntary execution

12. General Provisions: Standard boilerplate including governing law, entire agreement, and amendments

Optional Sections

1. Ongoing Obligations: References surviving terms from employment agreement such as intellectual property rights or non-compete provisions

2. Reference Letter: Terms regarding the provision and content of employment references

3. Cooperation: Employee's agreement to assist with transition or future legal matters

4. Re-Employment: Terms regarding potential future employment with the company

5. Benefits Continuation: Details of any extended health or insurance benefits

6. Legal Fees: Terms regarding payment of employee's legal fees for review of the agreement

7. Outplacement Services: Details of any career transition services provided

8. Stock Options/RSUs: Treatment of outstanding equity compensation

9. Claims Carve-Out: Specific claims that cannot be released by law or are expressly preserved

Suggested Schedules

1. Schedule A - Payment Details: Itemized list of all payments including salary, severance, benefits, and other compensation

2. Schedule B - Company Property: List of company property to be returned by the employee

3. Schedule C - Ongoing Benefits: Details of any continuing benefits and their duration

4. Schedule D - Release Claims: Comprehensive list of types of claims being released

5. Schedule E - Confidential Information: Detailed description of what constitutes confidential information

6. Appendix 1 - Certificate of Independent Legal Advice: Confirmation that employee received independent legal advice

7. Appendix 2 - Reference Letter: Agreed form of reference letter if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions



































Clauses































Relevant Industries

Technology

Financial Services

Manufacturing

Retail

Healthcare

Professional Services

Education

Mining

Energy

Transportation

Telecommunications

Construction

Real Estate

Agriculture

Government

Non-Profit

Media and Entertainment

Hospitality

Relevant Teams

Human Resources

Legal

Executive Leadership

Finance

Compliance

Risk Management

Employee Relations

Talent Management

Compensation and Benefits

Corporate Governance

Operations

Relevant Roles

Chief Executive Officer

Chief Human Resources Officer

Human Resources Director

Human Resources Manager

Legal Counsel

Employment Lawyer

HR Business Partner

Talent Management Director

Employee Relations Manager

Compensation and Benefits Manager

HR Operations Manager

Chief Financial Officer

Department Managers

Line Managers

Compliance Officer

Risk Manager

Corporate Secretary

Industries










Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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