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Employee Deed Of Release
"I need an Employee Deed of Release for a mutual termination agreement with my senior software developer, effective March 15, 2025, including standard non-compete provisions and an agreed reference letter."
1. Parties: Identification of the employer and employee with full legal names and addresses
2. Background: Brief history of employment relationship, reason for termination, and context for the deed
3. Definitions: Key terms used throughout the deed including 'Effective Date', 'Release Period', 'Settlement Sum', etc.
4. Termination of Employment: Confirmation of employment end date and immediate cessation of duties
5. Settlement Payments: Details of all payments to be made, including final salary, benefits, and any special compensation
6. Tax and Statutory Deductions: Clarity on tax treatment of payments and statutory deductions
7. Mutual Release and Waiver: Comprehensive release of claims by both parties
8. Company Property: Requirements for return of company property and confirmation of compliance
9. Confidentiality: Ongoing obligations regarding confidential information
10. Full and Final Settlement: Confirmation that the settlement represents full and final settlement of all claims
11. Governing Law: Specification of Pakistani law as governing law
12. Execution: Signature blocks and execution formalities
1. Non-Compete Obligations: Include when the employee is bound by post-employment competition restrictions
2. Reference: Include when agreed form of reference is to be provided
3. Continuing Obligations: Include when specific obligations from employment contract survive termination
4. Legal Advice: Include when employee has received independent legal advice on the deed
5. Medical Insurance Extension: Include if continued medical coverage is part of the settlement
6. Share Options/Awards: Include when dealing with existing employee share schemes
7. Announcements: Include when parties agree on specific internal/external communications
8. Re-employment: Include when specifically addressing future employment possibilities
1. Schedule 1 - Payment Details: Detailed breakdown of all settlement payments and benefits
2. Schedule 2 - Company Property List: Itemized list of company property to be returned
3. Schedule 3 - Continuing Obligations: Specific clauses from employment contract that survive termination
4. Schedule 4 - Agreed Form of Reference: Template of agreed employment reference if applicable
5. Appendix A - Certificate of Independent Legal Advice: Confirmation from legal advisor if applicable
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Find the exact document you need
Deed Release Form
A formal legal document under Pakistani law that releases parties from specified rights, claims, or obligations, requiring proper execution and registration as per local regulations.
Deed Of Mutual Release
A formal legal document under Pakistani law where parties mutually agree to release each other from specified claims, obligations, or liabilities.
Employee Deed Of Release
A Pakistani law-governed deed that formalizes employment termination and settlement terms between employer and employee, ensuring mutual release of claims and clear separation terms.
Deed Of Termination And Release
A formal deed under Pakistani law that terminates existing agreements between parties and provides mutual releases from future claims.
Deed Of Settlement And Release
A Pakistani law-governed deed that formalizes settlement terms and mutual releases between parties, providing a legally binding resolution to disputes or claims.
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