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Acceptance Of Termination Letter Template for Nigeria

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Key Requirements PROMPT example:

Acceptance Of Termination Letter

"I need an Acceptance of Termination Letter for my voluntary resignation from a senior marketing position, acknowledging my last working day as March 15, 2025, and confirming my understanding of the standard non-compete clause."

Document background
The Acceptance Of Termination Letter is a crucial document in Nigerian employment relationships that provides formal documentation of an employee's agreement to employment termination. This document is typically used after receiving a termination notice from the employer, whether the termination is due to redundancy, end of contract, or mutual agreement. The letter should be drafted in compliance with Nigerian Labour Act requirements and should clearly acknowledge the termination, confirm understanding of all terms, address final settlements, and document any continuing obligations. It serves as protection for both parties by clearly documenting the agreed terms of separation and helps prevent future disputes regarding the termination process.
Suggested Sections

1. Letter Header: Include date, recipient's name, title, company address, and reference number if applicable

2. Acknowledgment of Termination Notice: Confirm receipt of termination notice with specific reference to date received and effective termination date

3. Acceptance Statement: Clear statement accepting the terms of termination

4. Final Working Day: Confirmation of the last working day and any handover requirements

5. Return of Company Property: List of company properties to be returned and deadline

6. Final Settlement: Acknowledgment of understanding regarding final salary, benefits, and any other entitlements

Optional Sections

1. Outstanding Leave: Include when there is unused annual leave to be addressed

2. Non-Compete Acknowledgment: Include when the original employment contract contained non-compete clauses that continue post-employment

3. Reference Request: Include when accepting party wishes to request a reference letter

4. Pension Details: Include when there are specific pension arrangements to be addressed

5. Grievance Waiver: Include when both parties agree to waive any future claims or grievances

6. Confidentiality Reminder: Include when there are specific confidentiality obligations that continue post-employment

Suggested Schedules

1. Final Settlement Calculation: Detailed breakdown of final payment including salary, benefits, and any other entitlements

2. Company Property Checklist: Itemized list of company property to be returned

3. Benefit Termination Schedule: Timeline and details of when various benefits will cease

4. Exit Clearance Form: Standard form confirming all company requirements have been met for proper exit

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

Banking and Financial Services

Technology and Telecommunications

Manufacturing and Industrial

Oil and Gas

Professional Services

Retail and Consumer Goods

Healthcare

Education

Construction and Real Estate

Transportation and Logistics

Agriculture

Mining

Media and Entertainment

Public Sector

Non-Profit Organizations

Relevant Teams

Human Resources

Legal

Operations

Finance

Information Technology

Sales

Marketing

Customer Service

Research and Development

Production

Quality Assurance

Business Development

Administration

Executive Leadership

Project Management

Relevant Roles

Chief Executive Officer

Managing Director

Department Manager

Senior Manager

Project Manager

Software Developer

Financial Analyst

Marketing Executive

Sales Representative

Administrative Assistant

Human Resources Officer

Operations Manager

Account Manager

Technical Specialist

Research Analyst

Customer Service Representative

Production Supervisor

Quality Control Inspector

Business Development Manager

Legal Counsel

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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