The Employee Release Agreement is a crucial document in Canadian employment law, used when an employment relationship is being terminated, whether through mutual agreement, restructuring, or other circumstances. This agreement serves multiple purposes: it provides clarity on the terms of separation, documents the financial compensation and benefits the employee will receive, and establishes mutual releases to prevent future legal claims. The document must comply with both federal and provincial employment standards, including minimum notice periods and severance requirements specific to Canadian jurisdictions. It's particularly important in situations involving senior employees, sensitive departures, or when significant severance packages are offered. The agreement typically includes provisions for confidentiality, non-disparagement, and return of company property, while potentially addressing post-employment obligations. It's essential that the agreement be drafted in compliance with applicable Canadian employment standards legislation, human rights codes, and privacy laws to ensure enforceability.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of the employer and employee, including legal names and addresses
2. Background: Brief recital of employment history, termination context, and purpose of the agreement
3. Definitions: Key terms used throughout the agreement including 'Effective Date', 'Released Claims', and 'Termination Date'
4. Termination of Employment: Confirmation of employment termination date and immediate obligations
5. Severance Payment: Details of all financial compensation, including timing and method of payment
6. Statutory Deductions: Confirmation that all payments are subject to applicable tax and statutory deductions
7. Release and Discharge: Comprehensive release of claims against employer and related entities
8. Confidentiality: Obligations regarding confidentiality of agreement terms and company information
9. Return of Property: Requirements for returning company property and documents
10. Non-Disparagement: Mutual commitments to refrain from making negative statements
11. Acknowledgements: Employee's confirmation of understanding, independent legal advice, and voluntary execution
12. General Provisions: Standard clauses including governing law, entire agreement, and severability
13. Execution: Signature blocks and date of agreement
1. Reference Letter: Terms regarding the provision of employment references, used when agreed as part of the settlement
2. Non-Competition: Post-employment competitive restrictions, included when necessary and legally enforceable
3. Non-Solicitation: Restrictions on soliciting employees or customers, included when business protection is required
4. Ongoing Benefits: Details of any continued health or insurance benefits, included when extending benefit coverage
5. Outplacement Services: Terms of career transition support, included when such services are offered
6. Stock Options/RSUs: Treatment of outstanding equity compensation, included when employee has equity-based compensation
7. Cooperation: Requirements for post-termination assistance, included when ongoing cooperation may be needed
8. Re-Employment: Terms regarding future employment possibilities, included when addressing potential re-hiring
9. Certificate of Independent Legal Advice: Formal confirmation of legal consultation, included when required by company policy or circumstances
1. Schedule A - Severance Calculation: Detailed breakdown of severance payment components and calculations
2. Schedule B - Company Property Checklist: Itemized list of company property to be returned
3. Schedule C - Benefits Continuation Details: Specific terms and duration of continued benefits coverage
4. Schedule D - Outstanding Equity Awards: List of stock options, RSUs, or other equity compensation and their treatment
5. Appendix 1 - Reference Letter: Agreed form of employment reference letter
6. Appendix 2 - Independent Legal Advice Certificate: Form for lawyer's certification of provided legal advice
Relevant legal definitions
Clauses
Relevant Industries
Technology
Financial Services
Manufacturing
Retail
Healthcare
Professional Services
Education
Construction
Energy
Telecommunications
Mining
Transportation
Real Estate
Hospitality
Media and Entertainment
Non-Profit
Relevant Teams
Human Resources
Legal
Finance
Operations
Sales
Marketing
Information Technology
Research and Development
Customer Service
Administration
Executive Leadership
Product Development
Quality Assurance
Project Management Office
Business Development
Relevant Roles
Chief Executive Officer
Chief Financial Officer
Chief Operating Officer
Director
Senior Manager
Manager
Supervisor
Team Lead
Professional Staff
Technical Specialist
Sales Representative
Administrative Staff
Human Resources Manager
Department Head
Regional Manager
Project Manager
Account Executive
Operations Manager
General Counsel
Executive Assistant
Find the exact document you need
Mutual Release (Real Estate)
A Canadian law-governed agreement where parties mutually release each other from claims and obligations related to a real estate transaction or relationship.
Download
Liability Waiver For Kayak Rental
A Canadian-compliant liability waiver for kayak rental operations, outlining risk assumption, safety requirements, and liability limitations.
Download
Hold Harmless Agreement Vehicle Release
A Canadian legal document that releases one party from liability related to vehicle transfer or use, incorporating federal and provincial requirements for vehicle safety and liability protection.
Download
General Release Of Claims Form
A Canadian legal document that enables one party to release any claims or rights they may have against another party, providing a comprehensive settlement mechanism under Canadian law.
Download
Employee Waiver Of Liability
A Canadian employment waiver that outlines liability limitations between employer and employee while adhering to federal and provincial employment laws.
Download
Release And Covenant Not To Sue Form
A Canadian legal document that combines a release of liability with a promise not to sue, commonly used for settling disputes and managing legal risks across various jurisdictions in Canada.
Download
Release And Hold Harmless Agreement (Real Estate)
A Canadian legal document that releases parties from property-related liabilities and provides protection against future claims in real estate transactions.
Download
Photography Copyright Transfer Agreement
A Canadian law-governed agreement transferring full copyright ownership of photographs from the creator to another party, including all associated rights and obligations.
Download
Release Of Liability Employment Termination
A Canadian-compliant employment termination release agreement that formalizes employment separation terms and mutual releases of liability while ensuring adherence to federal and provincial employment standards.
Download
Waiver Indemnification Agreement
A Canadian law-governed agreement combining waiver of rights and indemnification obligations to manage risk and liability between parties.
Download
Hunting Lease Liability Waiver
A Canadian legal document combining hunting lease terms with liability protection for property owners granting hunting access rights.
Download
Covenant Not To Sue Form
A Canadian legal agreement where one party formally commits not to pursue legal action against another party regarding specific claims or circumstances.
Download
Unconditional Release From Listing Agreement
A Canadian legal document that unconditionally terminates a real estate listing agreement between property owners and brokerages, releasing all parties from their obligations.
Download
Termination And Release Agreement (Real Estate)
A Canadian law-governed agreement that formally terminates an existing real estate contract and provides mutual releases between the parties involved.
Download
Release Of Contract Form (Real Estate)
A Canadian legal document that terminates an existing real estate contract by mutual agreement, releasing all parties from their contractual obligations while ensuring compliance with provincial regulations.
Download
Mutual Release Agreement Landlord Tenant
A Canadian legal document that enables landlords and tenants to mutually release each other from claims and liabilities related to their lease agreement.
Download
Non Compete Release Form
A Canadian legal document that releases parties from existing non-compete obligations, ensuring compliance with federal and provincial regulations.
Download
Model Release Agreement
A Canadian-compliant legal agreement authorizing the use of a model's images and likeness for specified purposes, subject to federal and provincial privacy and copyright laws.
Download
Vehicle Damage Release Form
A Canadian legal document that settles vehicle damage claims and releases liability between parties, conforming to federal and provincial regulations.
Download
Settlement And Release Letter
A Canadian legal document that outlines settlement terms and releases claims between parties, serving as a final resolution to a dispute.
Download
Film Release Agreement
A Canadian legal agreement governing the distribution rights and terms for film release across various platforms, complying with federal and provincial entertainment laws.
Download
Co Performer Release Agreement
A Canadian legal agreement establishing rights and responsibilities between multiple performers participating in the same performance or recording.
Download
Commercial Lease Release Form
A Canadian legal document that formally terminates a commercial lease agreement and releases all parties from their ongoing obligations under provincial law.
Download
Contractor Waiver Of Liability
A Canadian-compliant waiver of liability agreement for independent contractors, outlining terms for limiting liability claims while performing contracted services.
Download
Press Release Agreement
A Canadian-law governed agreement establishing terms for press release preparation, approval, and distribution between a company and its PR service provider.
Download
Video Release Agreement
A Canadian-compliant legal agreement obtaining consent for video recording and usage rights, addressing privacy and copyright requirements under Canadian law.
Download
General Waiver Of Liability
A Canadian legal document where one party waives their right to sue another party for potential injuries, damages, or losses, subject to federal and provincial laws.
Download
Waiver Of Claims Agreement
A Canadian legal document where one party voluntarily agrees to give up their right to pursue legal claims against another party, subject to federal and provincial requirements.
Download
Waiver And Release Of Non Compete Obligations
A Canadian legal document that releases an individual from existing non-compete obligations while maintaining other relevant employment-related protections.
Download
Simple Release Agreement
A Canadian law-compliant agreement where one party releases another from legal claims or liability for specific incidents or circumstances.
Download
Release Of Security Agreement
A Canadian legal document that releases security interests in assets following loan repayment or obligation satisfaction, governed by provincial PPSA or Quebec Civil Code.
Download
Release Of Claims Form Employment Termination
A Canadian legal document that formalizes employment termination and releases the employer from potential future claims while ensuring compliance with federal and provincial employment laws.
Download
Release Of Claim And Subrogation Receipt
A Canadian legal document that combines a release of claims with the transfer of subrogation rights to an insurance company, governed by federal and provincial insurance laws.
Download
Media Release Agreement
A Canadian-compliant agreement authorizing the use and distribution of media content, aligned with federal and provincial privacy and media laws.
Download
Covenant Not To Sue Settlement Agreement
A Canadian legal agreement where parties settle disputes by agreeing not to pursue future legal action in exchange for specified consideration.
Download
Unilateral Release Agreement
A Canadian-law governed agreement where one party releases another from specific claims or legal rights, providing a comprehensive discharge of liability.
Download
Talent Release Agreement
A Canadian-law governed agreement authorizing the use of an individual's likeness, performance, or creative work, addressing federal and provincial requirements for rights transfer and privacy protection.
Download
Release And Indemnification Form
A Canadian-law governed agreement that combines a release of claims with indemnification obligations, providing comprehensive protection against future legal claims and establishing clear indemnification responsibilities.
Download
Release Of Guarantee Agreement
A Canadian legal document that formally releases a guarantor from their obligations under an existing guarantee, terminating their liability for the underlying debt or obligation.
Download
Release Of Confidentiality Form
A Canadian legal document that releases parties from specific confidentiality obligations while ensuring compliance with federal and provincial privacy laws.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)