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End Of Fixed Term Contract Template for Saudi Arabia

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Key Requirements PROMPT example:

End Of Fixed Term Contract

"I need to generate an End of Fixed Term Contract under Saudi law for a senior IT manager whose 3-year contract expires on March 15, 2025, including provisions for handover of ongoing projects and transfer of technical access credentials."

Document background
The End Of Fixed Term Contract document is essential for properly concluding employment relationships in Saudi Arabia where a fixed-term contract reaches its natural expiration. This document is used when both parties have agreed to let the fixed-term contract expire without renewal, requiring compliance with Saudi Labor Law and associated regulations. It includes critical information about final settlements, end-of-service benefits, company property return, and ongoing obligations. The document serves multiple purposes: it confirms the termination date, outlines all financial settlements, ensures compliance with local labor laws, and provides both parties with clear documentation of their rights and obligations upon contract conclusion. It's particularly important in the Saudi Arabian context where proper documentation of employment termination is crucial for both legal compliance and administrative purposes, including visa and sponsorship matters for expatriate employees.
Suggested Sections

1. Company Details: Full legal name and address of the employer

2. Employee Details: Full name, ID/Iqama number, and position of the employee

3. Contract Reference: Original employment contract details including date of commencement and term

4. Termination Notice: Formal confirmation of contract end date and reference to natural expiry of fixed term

5. Final Settlement: Breakdown of final payment including salary, end of service benefits, and any other entitlements

6. Company Property: List of company property to be returned and confirmation process

7. Confidentiality Reminder: Reminder of ongoing confidentiality obligations post-employment

8. Final Clearance: Confirmation of full and final settlement between parties

Optional Sections

1. Garden Leave: Include if employee is to be placed on garden leave during notice period

2. Outstanding Leave: Include if there is unused annual leave to be calculated and paid

3. Bonus Payments: Include if there are any pro-rata bonus or commission payments to be addressed

4. Non-Compete Reminder: Include if the original contract contained non-compete provisions that continue post-employment

5. Transfer of Sponsorship: Include if the employee is an expatriate requiring sponsorship transfer

6. Reference Provision: Include if a reference will be provided and its nature

Suggested Schedules

1. Settlement Calculation: Detailed breakdown of all final payments including basic salary, allowances, and end of service benefits

2. Company Property List: Itemized list of company property to be returned

3. Final Clearance Checklist: Checklist of all departmental clearances required

4. Service Certificate: Standard service certificate as required by Saudi Labor Law Article 88

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions




















Clauses




















Relevant Industries

Banking & Financial Services

Construction & Engineering

Technology & IT

Manufacturing

Retail

Healthcare

Education

Professional Services

Energy & Utilities

Telecommunications

Hospitality & Tourism

Transportation & Logistics

Relevant Teams

Human Resources

Legal

Finance

Operations

Administration

Compliance

Employee Relations

Payroll

Management

Relevant Roles

HR Manager

HR Director

Legal Counsel

Department Manager

Operations Manager

Project Manager

Finance Manager

General Manager

Country Manager

Administrative Manager

Compliance Officer

HR Business Partner

Employee Relations Manager

Recruitment Manager

Compensation & Benefits Manager

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

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