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Termination And Release Agreement
"I need a Termination and Release Agreement for a senior executive in our Doha-based technology company who is leaving by mutual agreement on March 15, 2025, including provisions for stock options and international tax considerations."
1. Parties: Identification of the employer and employee, including full legal names, addresses, and relevant registration/identification numbers
2. Background: Brief history of the employment relationship, including start date, position, and reason for termination
3. Definitions: Key terms used throughout the agreement, including 'Effective Date', 'Final Settlement', and 'Claims'
4. Termination Date: Clear statement of when the employment relationship will end or has ended
5. Final Settlement: Detailed breakdown of all final payments, including salary, end-of-service benefits, and other entitlements under Qatar Labor Law
6. Release and Waiver: Mutual releases from claims and liabilities, subject to Qatar law restrictions on waiver of statutory rights
7. Confidentiality: Ongoing obligations regarding confidential information and trade secrets
8. Return of Company Property: Requirements for returning all company assets, documents, and materials
9. Governing Law and Jurisdiction: Confirmation that Qatar law governs and designation of Qatar courts' jurisdiction
10. Execution: Signature blocks and execution requirements
1. Non-Competition: Post-employment restrictions on competing activities, if applicable and enforceable under Qatar law
2. Reference and Announcement: Terms regarding employment references and internal/external communications about the termination
3. Continuing Obligations: Any ongoing obligations that survive termination
4. Immigration Status: Provisions regarding work permit and residence visa cancellation for expatriate employees
5. Benefits Continuation: Any post-termination benefits or insurance coverage arrangements
6. Cooperation: Requirements for transition of duties and cooperation in pending matters
7. Tax Provisions: Tax-related matters and responsibilities, particularly relevant for international employees
1. Schedule 1 - Final Settlement Calculation: Detailed breakdown of all payments and benefits due to the employee
2. Schedule 2 - Company Property Checklist: List of all company items to be returned by the employee
3. Schedule 3 - Outstanding Employee Benefits: List of any benefits, stock options, or other entitlements and their treatment
4. Appendix A - Resignation Letter: Standard format resignation letter if termination is by mutual agreement
5. Appendix B - Certificate of Service: Draft of the service certificate required under Qatar Labor Law
Authors
Oil & Gas
Construction
Financial Services
Healthcare
Education
Hospitality
Technology
Retail
Manufacturing
Professional Services
Transportation & Logistics
Real Estate
Telecommunications
Media & Entertainment
Human Resources
Legal
Finance
Operations
Administration
Compliance
Employee Relations
Payroll
Risk Management
Chief Executive Officer
Managing Director
General Manager
Department Head
Project Manager
Senior Engineer
Finance Manager
HR Manager
Legal Counsel
Operations Manager
Sales Director
Technical Specialist
Administrative Officer
Executive Assistant
Research Scientist
Marketing Manager
IT Manager
Account Manager
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