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Friendly Termination Of Services Letter
"I need a Friendly Termination of Services Letter for a senior software developer who is leaving on good terms to start their own business, with the termination date set for March 15, 2025, including provisions for knowledge transfer and ongoing consulting arrangements for three months post-termination."
1. Letter Header: Company letterhead, date, and full contact details of both parties
2. Salutation: Professional and personalized greeting to the employee
3. Confirmation of Mutual Agreement: Clear statement confirming the mutual agreement to terminate the employment relationship
4. Termination Date: Specific date when the employment relationship will end
5. Final Settlement Details: Information about final salary, pro-rated bonus if applicable, and vacation pay
6. Return of Company Property: List of company items to be returned and deadline
7. Confidentiality Obligations: Reminder of ongoing confidentiality obligations
8. Reference Letter: Confirmation that a reference letter will be provided
9. Closing Statement: Professional closing with good wishes for the future
10. Signature Block: Space for signatures of both employer and employee representatives
1. Garden Leave: Details of any garden leave period, if applicable
2. Non-Competition Clause: Reminder or waiver of existing non-compete obligations
3. Outstanding Benefits: Details of any special benefits or stock options treatment
4. Ongoing Projects Handover: Specific instructions for handover of ongoing work
5. Social Security and Insurance: Special mentions regarding insurance continuation or changes
6. Testimonial: Optional positive statement about employee's contributions
1. Final Payment Calculation: Detailed breakdown of final payment including all components
2. Company Property Checklist: Itemized list of company property to be returned
3. Reference Letter: Draft or final version of the reference letter
4. Handover Documentation: Template or checklist for project/work handover
Authors
Financial Services
Technology
Manufacturing
Professional Services
Healthcare
Education
Retail
Hospitality
Construction
Telecommunications
Pharmaceutical
Insurance
Consulting
Real Estate
Non-Profit
Human Resources
Legal
Finance
Operations
Information Technology
Sales
Marketing
Research and Development
Customer Service
Administration
Product Development
Compliance
Internal Audit
Corporate Communications
Facilities Management
Chief Executive Officer
Chief Financial Officer
Managing Director
Department Head
Senior Manager
Project Manager
Software Developer
Business Analyst
HR Specialist
Marketing Manager
Sales Representative
Administrative Assistant
Operations Manager
Research Scientist
Account Manager
Legal Counsel
Financial Analyst
Product Manager
Customer Service Representative
Technical Support Specialist
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