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Labor Release Form
"I need a Labor Release Form for a senior software engineer who is voluntarily resigning effective March 15, 2025, including provisions for the return of company equipment and protection of intellectual property, with settlement of unvested stock options."
1. Parties: Identification of the employer and employee, including complete names, addresses, and positions
2. Background: Brief statement of employment history, including start date, position, and circumstances leading to separation
3. Definitions: Key terms used in the document, including 'Release', 'Claims', and 'Consideration'
4. Acknowledgment of Separation: Clear statement of employment termination date and nature of separation (resignation, termination, mutual agreement)
5. Settlement Amount: Detailed breakdown of all payments being made, including final pay, separation pay, and other benefits
6. Release and Waiver: Comprehensive release of claims against the employer, subject to Philippine law restrictions
7. Non-admission Clause: Statement that the settlement does not constitute admission of liability
8. Voluntary Execution: Declaration that the employee has read, understood, and voluntarily enters into the agreement
9. Governing Law: Specification that Philippine law governs the agreement
10. Execution: Signature blocks for both parties and witnesses
1. Confidentiality: Terms regarding non-disclosure of settlement terms, used when confidentiality is required
2. Return of Company Property: List of company properties to be returned, used when employee had access to company assets
3. Non-disparagement: Mutual agreement not to make negative statements, used in sensitive separations
4. Continuing Obligations: Reference to surviving obligations from employment contract, used when applicable
5. Tax Implications: Statement on tax treatment of settlement amounts, used for significant payments
6. Legal Consultation: Acknowledgment of opportunity to seek legal counsel, used in complex settlements
1. Schedule A - Settlement Calculation: Detailed breakdown of all payments and benefits being provided
2. Schedule B - Company Property Checklist: List of company items to be returned by the employee
3. Schedule C - Certificate of Employment: Standard employment certificate confirming dates and nature of employment
4. Appendix 1 - DOLE Clearance: Required government clearance for certain types of termination
5. Appendix 2 - Employee Benefits Statement: Summary of all benefits and entitlements being settled
Authors
Manufacturing
Information Technology
Business Process Outsourcing
Financial Services
Retail
Healthcare
Education
Construction
Hospitality
Transportation
Telecommunications
Professional Services
Energy
Mining
Agriculture
Real Estate
Human Resources
Legal
Compliance
Employee Relations
Labor Relations
Corporate Affairs
Administration
Finance
Executive Leadership
Operations Management
Human Resources Director
HR Manager
Legal Counsel
Employment Lawyer
HR Business Partner
Compliance Officer
Personnel Manager
HR Administrator
Benefits Coordinator
Employee Relations Manager
Compensation Manager
HR Operations Manager
Chief Human Resources Officer
Labor Relations Specialist
Recruitment Manager
Talent Management Director
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