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Employment Termination Agreement
"I need an Employment Termination Agreement under Saudi law for a mutual separation with our Sales Director, effective March 15, 2025, including standard end-of-service benefits and a 3-month non-compete clause."
1. Parties: Identification of the employer and employee, including full legal names, addresses, and relevant identification numbers
2. Background: Brief context of the employment relationship, including start date, position, and reason for termination
3. Definitions: Key terms used throughout the agreement
4. Termination Date: Specific date when employment relationship ends and final working day
5. Final Settlement: Details of all financial entitlements including salary, end of service benefits, and other dues
6. Statutory Entitlements: Confirmation of compliance with Saudi Labor Law requirements regarding benefits and entitlements
7. Company Property: Requirements for return of company assets, documents, and intellectual property
8. Full and Final Settlement: Mutual release of claims and confirmation of full settlement
9. Confidentiality: Ongoing obligations regarding confidential information
10. Governing Law: Confirmation of Saudi Law application and jurisdiction
11. Execution: Signature blocks and execution requirements
1. Non-Compete Obligations: Post-employment restrictions on working with competitors (include if originally part of employment contract)
2. Non-Solicitation: Restrictions on soliciting employees or customers (if applicable to employee's role)
3. Transition Arrangements: Details of handover process and knowledge transfer (for senior or specialized roles)
4. Reference and Communications: Agreement on how future employment references will be handled
5. Outstanding Leave: Treatment of unused vacation days (if applicable)
6. Continuing Obligations: Any ongoing duties or obligations post-termination
7. Medical Insurance Extension: Details of any continued medical coverage (if offered)
8. Share Options/Benefits: Treatment of any share options or long-term benefits (for eligible employees)
1. Schedule 1 - Final Settlement Calculation: Detailed breakdown of all financial elements including salary, end of service benefits, and other entitlements
2. Schedule 2 - Company Property Register: List of all company property to be returned
3. Schedule 3 - Benefits Summary: Summary of benefits and their treatment post-termination
4. Appendix A - Handover Checklist: Detailed list of tasks and documents to be handed over before departure
5. Appendix B - Confidential Information: Specific list of confidential information and documents covered by confidentiality obligations
Authors
Banking & Financial Services
Oil & Gas
Construction
Manufacturing
Technology
Healthcare
Retail
Professional Services
Education
Telecommunications
Real Estate
Transportation & Logistics
Hospitality
Mining
Government & Public Sector
Human Resources
Legal
Finance
Operations
Information Technology
Sales
Marketing
Administration
Research & Development
Customer Service
Production
Quality Assurance
Business Development
Compliance
Strategy
Chief Executive Officer
Managing Director
General Manager
Department Head
Senior Manager
Project Manager
Financial Controller
Human Resources Manager
Operations Manager
Sales Director
Technical Specialist
Software Engineer
Account Manager
Administrative Officer
Production Supervisor
Research Analyst
Marketing Executive
Legal Counsel
Customer Service Representative
Business Development Manager
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