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Job Release Letter
1. Header Information: Company letterhead, date, and employee's contact details
2. Confirmation of Termination: Clear statement confirming the mutual agreement to terminate employment, including the effective date
3. Terms of Separation: Key details including last working day, handling of company property, and final salary payment date
4. Financial Settlement: Breakdown of final payment including salary, holiday pay, and any other entitled benefits
5. Reference Provision: Statement about providing employment references
6. Confidentiality Reminder: Reminder of ongoing confidentiality obligations
7. Full and Final Settlement: Statement confirming that this represents full and final settlement of all claims
8. Acknowledgment: Space for signatures of both parties
1. Severance Package: Details of any additional compensation or benefits beyond statutory requirements
2. Non-Compete/Non-Solicitation: If applicable, reminder or modification of existing restrictions
3. Outplacement Support: Details of any career transition services being provided
4. Share Options/Benefits: Treatment of any outstanding company shares or long-term benefits
5. Healthcare Continuation: Information about post-employment health insurance coverage if applicable
6. Ongoing Projects Handover: Specific arrangements for transitioning work responsibilities
7. Legal Consultation Right: Statement about the employee's right to seek independent legal advice
1. Final Payment Calculation: Detailed breakdown of all final payments including salary, holiday pay, and other benefits
2. Company Property Checklist: List of company items to be returned before departure
3. Benefit Continuation Summary: Details of any benefits that continue post-employment
4. Outstanding Obligations Statement: Summary of any continuing obligations (confidentiality, etc.)
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