��������Ƶ

1. Non-Disparagement: Mutual agreement not to make negative statements, recommended for senior positions or sensitive departures

2. Reference Agreement: Terms regarding future employment references, optional but recommended for amicable separations

3. Post-Employment Restrictions: Non-compete or non-solicitation provisions, typically for senior positions or when dealing with sensitive information

4. Benefits Continuation: Details about post-employment benefits if applicable, such as health insurance extension

5. Tax Provisions: Specific tax-related terms when settlement amounts are significant or tax implications need clarification

6. Cooperation Clause: Agreement to assist with transition or future inquiries, useful for key positions

7. Revocation Period: Time period for employee to revoke acceptance, particularly important for older employees under age discrimination laws

1. Schedule A - Financial Settlement: Detailed breakdown of all financial components including basic pay, benefits, and other entitlements

2. Schedule B - Company Property Checklist: Itemized list of company properties to be returned

3. Schedule C - Employee Benefits Summary: Summary of benefits and their status post-employment

4. Appendix 1 - Computation of Benefits: Detailed calculation of separation pay and other benefits as per Philippine Labor Code

5. Appendix 2 - Clearance Requirements: List of departmental clearances needed before final settlement