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Termination Agreement Form Template for Saudi Arabia

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Key Requirements PROMPT example:

Termination Agreement Form

"I need a Termination Agreement Form under Saudi Arabian law for a mutual separation with our Senior Technical Director, effective March 15, 2025, including provisions for handover of ongoing projects and protection of proprietary technology."

Document background
The Termination Agreement Form is a crucial legal document used in Saudi Arabia when an employment relationship is being terminated by mutual consent. It serves as a comprehensive record of the termination terms, ensuring compliance with Saudi Labor Law, Sharia principles, and relevant ministerial regulations. This document is particularly important in the Saudi Arabian context where employment relationships are heavily regulated and proper documentation is essential for both legal compliance and risk management. The agreement typically includes detailed provisions for final settlements, end-of-service benefits, confidentiality obligations, and property return requirements, while also addressing any specific requirements mandated by the Ministry of Human Resources and Social Development. It's designed to protect both employer and employee interests while providing a clear framework for the conclusion of the employment relationship.
Suggested Sections

1. Parties: Identification of the employer and employee, including full legal names and relevant registration/ID numbers

2. Background: Brief history of the employment relationship, including original employment date and position

3. Definitions: Key terms used throughout the agreement

4. Termination Date: Clear specification of the effective date of employment termination

5. Final Settlement: Details of all financial entitlements including salary, end of service benefits, and other dues

6. Release and Waiver: Mutual release of claims and liabilities between parties

7. Company Property: Requirements for return of company property and documentation

8. Confidentiality: Ongoing obligations regarding confidential information

9. Governing Law: Confirmation of Saudi Law as governing law and jurisdiction

10. Execution: Signature blocks and execution requirements

Optional Sections

1. Non-Competition: Restrictions on future employment activities, if applicable under existing employment contract

2. Ongoing Projects Handover: Process for transferring ongoing work responsibilities

3. References: Agreement on the nature and content of future employment references

4. Intellectual Property Rights: Specific provisions regarding IP created during employment

5. Social Media and Public Statements: Guidelines for public communications about the termination

6. Outstanding Leave: Treatment of any accrued but unused leave entitlements

7. Visa and Immigration Status: Provisions regarding work visa cancellation for expatriate employees

Suggested Schedules

1. Schedule 1 - Final Settlement Calculation: Detailed breakdown of all financial elements including salary, benefits, and deductions

2. Schedule 2 - Company Property Inventory: List of all company assets to be returned

3. Schedule 3 - Ongoing Obligations: Detailed list of continuing obligations post-termination

4. Schedule 4 - Benefits Termination Timeline: Schedule of when various benefits and entitlements will cease

5. Appendix A - Required Documentation: List of documents required for processing termination under Saudi law

Authors

Alex Denne

Head of Growth (Open Source Law) @ 黑料视频 | 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

Manufacturing

Oil and Gas

Technology

Construction

Healthcare

Retail

Education

Professional Services

Telecommunications

Hospitality

Transportation and Logistics

Real Estate

Mining

Agriculture

Relevant Teams

Human Resources

Legal

Compliance

Employee Relations

Administration

Executive Office

Finance

Payroll

Relevant Roles

Human Resources Manager

Legal Counsel

HR Director

Compliance Officer

Employee Relations Manager

HR Business Partner

Legal Manager

HR Administrator

Recruitment Manager

Compensation and Benefits Manager

HR Operations Manager

Chief Human Resources Officer

Labor Relations Specialist

HR Coordinator

Legal Administrator

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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