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Voluntary Severance Agreement
"I need a Voluntary Severance Agreement for a senior software developer in our Dublin tech company, including provisions for ongoing project handover until March 2025 and protection of intellectual property rights."
1. Parties: Identification of the employer and employee, including registered addresses and company/personal details
2. Background: Context of the employment relationship and reason for voluntary severance
3. Definitions: Definitions of key terms used throughout the agreement
4. Termination Date: Specific date of employment termination and final working day arrangements
5. Severance Payment: Details of the severance package, including amount, calculation method, and payment timing
6. Tax Treatment: Explanation of tax implications and treatment of the severance payment
7. Company Property: Requirements for return of company property and documentation
8. Confidentiality: Ongoing obligations regarding confidential information
9. Employee Warranties: Employee confirmations regarding property return, confidentiality, and other obligations
10. Waiver of Claims: Employee's waiver of claims against the employer, subject to statutory restrictions
11. Reference: Arrangements for providing employment references
12. Continuing Obligations: Surviving terms from the employment contract that remain in effect
13. Entire Agreement: Confirmation that this agreement supersedes previous agreements regarding the subject matter
14. Governing Law: Specification of Irish law as governing law and jurisdiction
15. Execution: Signature blocks and execution requirements
1. Garden Leave: Include when the employee will be placed on garden leave before termination
2. Post-Termination Restrictions: Include when enforcing or modifying existing post-employment restrictions
3. Director Resignations: Include when the employee holds director positions that need to be resigned
4. Share Options/Awards: Include when dealing with existing share schemes or equity arrangements
5. Intellectual Property: Include when specific IP assignments or confirmations are needed
6. Legal Advice: Include when the employee has received independent legal advice (recommended for enforceability)
7. Announcement: Include when parties need to agree on internal/external communications
8. Outplacement Support: Include when outplacement services are part of the severance package
9. Medical Insurance: Include when addressing continuation or termination of medical benefits
1. Schedule 1: Payment Calculation: Detailed breakdown of severance payment calculation
2. Schedule 2: Company Property List: Itemized list of company property to be returned
3. Schedule 3: Waiver of Claims: Detailed list of statutory and common law claims being waived
4. Schedule 4: Post-Termination Restrictions: Full text of any post-termination restrictions that continue to apply
5. Schedule 5: Legal Adviser's Certificate: Certificate from independent legal adviser regarding advice given
6. Appendix A: Reference Template: Agreed form of reference to be provided
7. Appendix B: Resignation Letters: Template resignation letters for any directorships
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Chief Executive Officer
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Department Head
Project Manager
Technical Lead
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Financial Controller
HR Director
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Sales Director
Marketing Manager
Research Scientist
Legal Counsel
Account Manager
Business Development Manager
Regional Manager
Product Manager
Finance Manager
IT Manager
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Severance Pay Agreement
An Irish law-governed agreement outlining severance terms, payments, and mutual obligations upon employment termination.
Voluntary Severance Agreement
An Irish law-governed agreement documenting mutually agreed employment termination terms, including severance payments and mutual obligations.
Mutual Severance Agreement
An Irish law-governed agreement setting out mutually agreed terms for employment termination, including severance payments and mutual releases.
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