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Termination Without Cause Contract
"I need a Termination Without Cause Contract under Swiss law for a senior technology executive with a 3-month notice period starting March 1, 2025, including provisions for garden leave and global non-compete restrictions."
1. Parties: Identification of the employer and employee, including full legal names and addresses
2. Background: Brief context of the employment relationship, including start date and current position
3. Definitions: Key terms used throughout the agreement, including 'Termination Date', 'Final Settlement', etc.
4. Termination of Employment: Clear statement of termination without cause, specifying the effective date and notice period in accordance with Swiss law
5. Final Salary and Benefits: Details of final salary payment, pro-rated bonuses, and treatment of benefits
6. Holiday Entitlement: Calculation and settlement of any accrued but unused vacation days
7. Company Property: Requirements for returning company property and documents
8. Confidentiality Obligations: Ongoing obligations regarding confidential information
9. Final Settlement: Confirmation that the agreed payments constitute full and final settlement
10. Governing Law: Confirmation of Swiss law as governing law
11. Signatures: Execution blocks for both parties
1. Garden Leave: Include when the employee will be placed on garden leave during the notice period
2. Reference: Include when agreeing to provide a reference and its basic terms
3. Post-Termination Restrictions: Include if existing non-compete or non-solicitation clauses need to be addressed
4. Outplacement Support: Include if the employer is offering career transition services
5. Insurance Continuation: Include if there are specific arrangements for insurance coverage post-termination
6. Legal Fees: Include if the employer is contributing to the employee's legal fees for reviewing the agreement
7. Tax Indemnity: Include when complex compensation arrangements necessitate tax clarifications
8. Announcement: Include when parties need to agree on how the departure will be communicated
1. Schedule 1 - Calculation of Final Payment: Detailed breakdown of all final payments including salary, bonuses, and benefits
2. Schedule 2 - Company Property List: Itemized list of company property to be returned
3. Schedule 3 - Continuing Obligations: Extract of relevant clauses from employment contract that survive termination
4. Appendix A - Release Form: Standard release form for employee signature upon receiving final payment
5. Appendix B - Reference Template: Agreed form of reference, if applicable
Authors
Financial Services
Banking
Insurance
Manufacturing
Technology
Pharmaceuticals
Professional Services
Retail
Healthcare
Education
Telecommunications
Construction
Hospitality
Logistics
Consumer Goods
Energy
Human Resources
Legal
Finance
Operations
Information Technology
Sales
Marketing
Research and Development
Customer Service
Administration
Product Management
Business Development
Strategy
Compliance
Risk Management
Chief Executive Officer
Chief Financial Officer
Managing Director
Senior Manager
Department Head
Project Manager
Software Engineer
Sales Representative
Marketing Manager
Financial Analyst
HR Manager
Operations Manager
Research Scientist
Account Manager
Administrative Assistant
Technical Specialist
Product Manager
Business Analyst
Legal Counsel
Customer Service Representative
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