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1. Parties: Identifies the employer and employee, including full legal names and relevant contact details
2. Background: Outlines the context of the employment relationship, including start date, end date (if applicable), and reason for the release
3. Definitions: Defines key terms used throughout the document for clarity and legal certainty
4. Consideration: States the consideration being provided in exchange for the release (e.g., settlement payment, benefits)
5. Release Terms: Details the specific claims, rights, and obligations being released by the employee
6. Exclusions: Specifies any claims or rights that cannot be released under NZ law
7. Confidentiality: Outlines confidentiality obligations regarding the terms of the release and employment relationship
8. Non-Disparagement: Mutual agreement not to make negative statements about each other
9. Acknowledgments: Employee's confirmation of understanding the agreement and having had opportunity for legal advice
10. Execution: Signature blocks and execution requirements
1. Return of Property: Used when there is company property to be returned by the employee
2. Ongoing Obligations: Include when there are continuing obligations like intellectual property rights or restrictive covenants
3. Reference Provision: Used when parties agree on terms for future employment references
4. Tax Indemnity: Include when there are significant payment amounts with tax implications
5. Reinstatement Waiver: Used in cases of redundancy or termination to explicitly waive reinstatement rights
6. Future Cooperation: Include when ongoing cooperation might be needed for transition or future matters
1. Schedule 1 - Payment Details: Itemized list of all payments to be made, including final salary, holiday pay, and any special payments
2. Schedule 2 - Company Property: Detailed list of company property to be returned
3. Schedule 3 - Continuing Obligations: Specific ongoing obligations from the employment agreement that survive termination
4. Appendix A - Employee Benefits Summary: Summary of any benefits or entitlements that continue or cease
Technology
Financial Services
Manufacturing
Retail
Healthcare
Education
Professional Services
Construction
Hospitality
Public Sector
Mining
Agriculture
Transportation
Telecommunications
Energy
Human Resources
Legal
Compliance
Risk Management
People & Culture
Employee Relations
Senior Management
Operations
Administration
HR Manager
HR Director
Legal Counsel
Employment Relations Manager
People & Culture Manager
Chief Human Resources Officer
HR Business Partner
Compliance Officer
Risk Manager
General Manager
Operations Manager
Department Head
Line Manager
Chief Executive Officer
Managing Director
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