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Deed Of Separation Employment
"I need a Deed of Separation Employment under Malaysian law for a senior technology executive, including non-compete clauses and share option provisions, with an effective separation date of March 15, 2025."
1. Parties: Identification of the employer and employee, including full legal names and addresses
2. Background: Brief history of employment relationship, reason for separation, and purpose of the deed
3. Definitions: Definitions of key terms used throughout the document
4. Effective Date of Separation: Specific date when employment relationship will terminate
5. Final Payment Terms: Details of salary, benefits, and other payments due up to separation date
6. Settlement Sum: Any additional payments or compensation as part of the separation agreement
7. Tax and Statutory Deductions: Treatment of tax and mandatory deductions on payments
8. Company Property: Requirements for return of company property and documentation
9. Confidentiality Obligations: Ongoing obligations regarding confidential information
10. Full and Final Settlement: Mutual release of claims and acknowledgment of settlement
11. Governing Law: Specification of Malaysian law as governing law
12. Execution: Formal execution requirements for a valid deed under Malaysian law
1. Non-Compete Clause: Restrictions on future employment, used when protecting business interests is crucial
2. Non-Solicitation: Restrictions on soliciting employees or customers, used for senior positions
3. Reference Provision: Terms regarding future employment references, used when agreed between parties
4. Continuing Obligations: Any ongoing duties or obligations, used for senior executives or specialized roles
5. Share Options/Awards: Treatment of existing share options or awards, used when employee has equity components
6. Medical Benefits Extension: Continuation of medical benefits, used in negotiated senior separations
7. Legal Fees: Agreement on payment of legal fees, used when negotiated as part of settlement
8. Public Announcements: Terms for any public statements, used for senior executive departures
1. Schedule 1 - Payment Calculation: Detailed breakdown of all payments including salary, benefits, and settlement sum
2. Schedule 2 - Company Property List: Itemized list of company property to be returned
3. Schedule 3 - Benefits Summary: Summary of benefits and their treatment post-separation
4. Appendix A - Acknowledgment Form: Form confirming return of company property and documents
5. Appendix B - Confidential Information: Detailed list of what constitutes confidential information
6. Appendix C - Release Form: Detailed release of claims form
Authors
Financial Services
Technology
Manufacturing
Professional Services
Retail
Healthcare
Education
Construction
Telecommunications
Energy
Real Estate
Hospitality
Transportation
Mining
Agriculture
Human Resources
Legal
Finance
Operations
Sales
Marketing
Information Technology
Research and Development
Customer Service
Administration
Production
Quality Assurance
Business Development
Strategy
Procurement
Corporate Affairs
Chief Executive Officer
Chief Financial Officer
Managing Director
General Manager
Department Head
Senior Manager
Manager
Executive
Senior Engineer
Professional Staff
Administrative Officer
Technical Specialist
Sales Director
Operations Manager
Regional Manager
Project Manager
Account Manager
Senior Consultant
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