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Deed Of Separation Employment Template for Malaysia

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Key Requirements PROMPT example:

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."

Document background
The Deed of Separation Employment is a crucial legal document used in Malaysia when formalizing the mutually agreed termination of an employment relationship. It is particularly relevant in situations where both employer and employee wish to document the terms of separation clearly and comprehensively, often used in scenarios involving senior employees, sensitive departures, or complex compensation arrangements. The deed includes essential elements such as separation payments, benefit arrangements, confidentiality provisions, and mutual releases, all structured to comply with Malaysian employment law. This document serves as a protective measure for both parties, providing clarity on post-employment obligations and helping prevent future disputes. It's especially important in the Malaysian context where employment relationships are heavily regulated by various statutes including the Employment Act 1955 and Industrial Relations Act 1967.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions





























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Relevant Industries

Financial Services

Technology

Manufacturing

Professional Services

Retail

Healthcare

Education

Construction

Telecommunications

Energy

Real Estate

Hospitality

Transportation

Mining

Agriculture

Relevant Teams

Human Resources

Legal

Finance

Operations

Sales

Marketing

Information Technology

Research and Development

Customer Service

Administration

Production

Quality Assurance

Business Development

Strategy

Procurement

Corporate Affairs

Relevant Roles

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

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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