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Redundancy Settlement Agreement
"I need a Redundancy Settlement Agreement for a senior executive in our Qatar technology division who will be terminated due to restructuring effective March 1, 2025, including provisions for garden leave, stock options, and repatriation benefits."
1. Parties: Identification of the employer and employee, including full legal names and addresses
2. Background: Context of the employment relationship, reason for redundancy, and basis for the settlement agreement
3. Definitions: Key terms used throughout the agreement
4. Termination Date: Specific date when employment will end and confirmation of last working day
5. Payment Terms: Details of all payments including statutory entitlements, ex-gratia payments, and payment timeline
6. Tax and Deductions: Treatment of tax and other statutory deductions applicable under Qatar law
7. Final Settlement: Breakdown of end-of-service benefits, salary, notice pay, and other entitlements
8. Waiver and Release: Mutual release of claims and waiver of rights
9. Confidentiality: Obligations regarding confidentiality of the agreement and company information
10. Return of Company Property: Requirements for returning company assets and documents
11. Governing Law: Confirmation that Qatar law governs the agreement
12. Entire Agreement: Confirmation that this document represents the complete agreement between parties
13. Execution: Signature blocks and execution requirements
1. Garden Leave: Terms of garden leave if applicable during notice period
2. Post-Termination Restrictions: Non-compete and non-solicitation clauses if required
3. Reference: Terms regarding future employment references
4. Outplacement Support: Details of any career transition services offered
5. Medical Insurance: Provisions for continuation or termination of medical benefits
6. Share Options/Benefits: Treatment of any outstanding share options or long-term benefits
7. Legal Costs: Provisions for payment of legal fees if applicable
8. Repatriation: Terms for repatriation if employee is an expat
9. Immigration Status: Provisions regarding work permit and residence visa cancellation
1. Schedule 1 - Payment Calculation: Detailed breakdown of all payment components including basic salary, notice pay, end of service gratuity, and other benefits
2. Schedule 2 - Company Property: Itemized list of company property to be returned
3. Schedule 3 - Outstanding Benefits: List of any pro-rated or accrued benefits
4. Appendix A - Release Form: Detailed release of claims form in compliance with Qatar Labor Law
5. Appendix B - Certificate of Service: Draft of the service certificate to be provided
6. Appendix C - Handover Document: Template for documenting handover of responsibilities
Authors
Banking & Financial Services
Oil & Gas
Construction
Real Estate
Technology
Retail
Manufacturing
Professional Services
Healthcare
Education
Hospitality
Telecommunications
Media & Entertainment
Transportation & Logistics
Energy
Human Resources
Legal
Finance
Compliance
Employee Relations
Senior Management
Operations
Administration
Payroll
Risk Management
HR Director
Legal Counsel
Chief Financial Officer
HR Manager
Legal Manager
Compliance Officer
HR Business Partner
Employee Relations Manager
Chief Human Resources Officer
General Counsel
Operations Director
Department Head
Line Manager
Senior HR Executive
Legal Administrator
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